Top 10 FinTech Service/Consulting Companies - 2021
The fintech industry has been one of the fastest-growing sectors globally, and it is transforming the world of financial services as we know it. With the help of fintech, banks and other financial institutions are increasingly developing strong customer-centric models that deliver a better banking experience for everyone. In addition, virtual payments and digital banking solutions have been growing in demand since the pandemic, and fintech is the way forward.
Artificial Intelligence (AI) and Machine Learning (ML) are enabling financial institutions to leverage big data and provide customized services to their clients. The technologies have become an integral part of fraud detection, banking chatbots, algorithmic trading, regulations, and policies. With the help of AI and ML, financial institutions are increasing ROI and identifying unfruitful investments.
As financial services become fully digital, cybersecurity remains the primary concern. Using big data, algorithms, and ML, predictive analysis is helping assess the likelihood of future events based on past behavior. As a result, predictive analytics, underpinned by a wide range of applications in the fintech industry, is facilitating cost-effective, efficient, and scalable outcomes.
With the demand for fintech services constantly rising, organizations need to weigh their options before identifying the right partner. To simplify and assist CIOs in identifying the right FinTech Service Provider, CIOReview presents “10 Most Promising FinTech Service/Consulting Companies - 2021.”
A distinguished panel comprising CEOs, CIOs, VCs, Analysts, and the CIOReview editorial board has selected the top FinTech Service Providers in the industry. In our selection process, we looked at the company’s offerings, core competency, news/ press releases, client testimonials, milestones, and other recognition.