20 Most Promising Banking Technology Solution Providers - 2019

20 Most Promising Banking Technology Solution Providers - 2019

The global banking sector is becoming both more strategically focused and technologically advanced to respond to consumer expectations while trying to defend market share against an increasing array of competitors. A great deal of emphasis is being placed on digitizing core business processes and reassessing organizational structures and internal talent to be better prepared for the future of banking. This transformation illustrates the increasing desire to become a ‘digital bank’. Biometrics as an authentication service in BFSI is being increasingly employed to help financial institutions prevent insider fraud and establish secure employee authentication, concrete audit trail and accountability of every transaction. Furthermore, the growing mainstream popularity of technologies such as Blockchain, P2P lending platforms, P2P payments etc. has also brought about a massive disruption in the banking technology segment. However, despite the emergence of innovative utilities, the banking and insurance industry is still challenged by factors such as competitive pressures, changes in customer loyalty and stringent regulatory environments, all of which are pressurising the organizations to adopt new business models, streamline operations and improve processes. Thus, it is imperative for organisations to choose business partners that have the ability to resolve these challenges and meet their specific business requirements.

These efforts will only increase in 2019, as global financial and tech giants revolutionize the financial services arena. With new entrants now challenging traditional technologies and enabling consumption and revenue opportunities that never existed, we present to you a list of 20 Most Promising Banking Technology Solution Providers. Being closely scrutinized by a distinct panel of judges including CEOs, CIOs, CXOs, analysts and CIOReviewIndia editorial board, we believe that these companies have the technical skill sets and business acumen to bring about the perfect balance between technology and the varied demands of the Finance domain.

We present to you CIOTechOutlook 20 Most Promising Banking Technology Solution Providers - 2019.

Top Banking Technology Solution Providers

Company Name Company Description
ACI Worlwide Universal Payments (UP) company,powers electronic payments for more than 5,100 organizations around the world.
ANALEC Builds platforms and solutions in the investment research and related client servicing space, working with a range of broker-dealers and investment banks globally.
Atos India Provides customer experience rich platfroms, realtime analytics, process robotics for forward thinking financial instituions.
BirlaSoft Avails software for Enterprise Application Services, Application Development and Migration, Quality Assurance and Testing Services for Banking firms.
CMS IT A provider of end-to-end IT infrastructure solutions to large corporations across all sectors including Banking, Insurance, Retail, Telecom and Manufacturing for managing their IT operations.
Cover Infotech A provider of solutions for Software development, Web application and Research and Development. Its service suite incorporates App Development, Software Solutions, SEO & Marketing, and Website
FinBox Renders digital lending software suite that enables Alternate Data Under writing and automated LOS.
FSS Diversified portfolio of software products, hosted payment services, and software services. Its payments footprint spans across payment delivery channels like ATM, POS, mobile, cards, internet and...
Infosys A provider of Retail Banking Solution suite which comprises of a comprehensive set of Solutions to address a range of requirements for digital age retail banks.
JMR Infotech Provides technology soluitons for Core Banking, Insurance, Retail Banking, Digital banking and Microfinance.
Latitude Fintech Offers Digital Products, Digital Platform, Digital Products, Banking Transformation, Integration, and Program Management.
Megasoft Information Systems Offers IT Infrastructure. Application Integration, Data engineering and Software development services globally.
Nurture Software Solutions A provider of optimal technology solutions to banking and financial segments, whose expertise lies in Pilot Implementation of Core & E-Banking Solutions, Interface Development to Productized.
Oracle Offerings cover retail, corporate and investment banking, funds, cash management, trade, treasury, payments, lending, private wealth management, asset management and business analytics.
Pennant Technologies Core product offerings include Lending Factory, a platform based end to end solution.
Tavaga Delivers a robo-investing platform for investment management that includes customized advice for goal-based investing.
TCS Financial Solutions Comprehensive portfolio of financial products & plat froms for SMBs and financial instituions.
Temenos Provides banking software systems to retail, corporate, universal, private, Islamic, microfinance and community banks, wealth managers, and financial institutions.
Uniken Build solutions for military grade end point threat detection at consumer speed, device fingerprinting, application fingerprinting, standard industry biometric integration, and a unique 1:1...
Vsoft Caters to the Indian Banking and Financial Institutions Sector with technology products and platform based BPO services in the core banking and paymentsdomain.