In this era of digitalization, never before has it been critical for banking institutes and financial firms to adopt technological inventions and use it optimally. The growth of data, the rise of fraud instances and breaches, and fluctuating expectations from the customers have propelled banks to and credit unions to embrace technologies that build strategies that are sure to be a winner in the financial market.
Today, although at a slower pace than other sectors, financial firms are catching up to other industries by incorporating artificial intelligence (AI), blockchain, and Internet of Things (IoT) to service their customers, remain competitive, and enhance business outcomes. All these technologies enable banks and credit unions to personalise user engagement, improve cybersecurity, and manage vast data pools. Also, blockchain works wonder for financial data security due to its distributed architecture and ability to track the transactions in a verifiable and permanent manner.
Many banking technology solution providers have cracked the code to utilize many such technologies to assist and guide financial institutes in their business growth. Banking CIO Outlook is highlighting 10 such Banking Tech Solution Providers in Europe that are utilizing the right technology and offering unparalleled solutions.
In this edition, we are glad to feature companies like Bankish, Soranus AG, knowis AG, and Fincite that are stirring a revolution in the banking technology space. We hope this issue of Banking CIO Outlook helps you to find the right match for your banking technology needs and empowers you to harbours a relationship-driven by technology, loyalty, and reliability.
We present to you Banking CIO Outlook’s “Top 10 Banking Tech Solution Providers in Europe - 2019.”