20 Most Promising Banking Solution Providers-2016

The emerging industry of technology providers offering financial services, known as FinTech, has typically targeted a relatively affluent customer base. Yet somewhere down the line, an outpouring number of FinTech companies are developing innovations to serve a consumer segment in an even greater need of new ways to access and manage their money. Whatever be the segment addressed, the Fintech ecosystem is ripe and booming. Funding is sufficient. Accelerators, incubators and pitch fests are regularly held all over the globe. Governments, financial institutions and venture capitalists are equally interested in developing the scenefurther and feel eager to support new solutions.

However, the financial industry is met with hurdles to get innovative in terms of embracing emerging technologies. Growing regulations and legacy systems have limited the industry to a certain extent and board heads are hesitant to adopt new technologies because of the perceived unknown variables. Nevertheless, as the industry grows almost every other hiccup is gradually addressed in the light of fintech innovations by new emergent providers.

With the growing mainstream popularity of technologies such as Blockchain, P2P lending platforms, P2P payments etc., the massive disruption has been some kind of revelation for banks. It won’t be long before a digital signage offers a student loan, a first-time mortgage or avacation deal based on activities on the smartphone, gender, age, face, and even emotions! Keeping all of these latest trends in mind, we bring to you a list of 20 Most Promising Banking Solution Providers. Being closely scrutinized by a distinct panel of judges including CEOs, CIOs, CXO, analysts and CIOReview editorial board we believe that these companies will help you bring about the perfect balance between technology and the varied demands of the Finance domain.

We present to you CIOTechOutlook 20 Most Promising Banking Solution Providers-2016.