Top 10 Fintech Solution Companies - 2020

The Quintessential Technology Source for Corporate Financial Professionals

EPCVIP: New Era of Lead Generation

Top 10 Fintech Solution Companies - 2020

Digital technology is setting forth a new demand for banks and financial institutions alike, causing them to rethink the way their services are delivered. The disruption in the industry is driven by evolving customer behavior. Consumers are looking for new service proposition which can make their lives easier and further enable them to manage their financials easily and proactively anywhere, anytime. The world is pushing for a new kind of financial services experience that serves real people in a digital, hyperconnected world, and the rising influence of fintech in the financial services sector is turning the goal of a digitally connected financial world into a not-too-distant reality.

It is apparent that fintech has extensively improved safe and accurate payment solutions, which allowed companies to proliferate but has simultaneously made fintech vendors continuously find new ways to protect sensitive customer and corporate data from cybersecurity threats. However, finding effective fintech solution vendor companies is crucial to any fintech organization for better decision-making and safeguarding themselves against corporate hazards.

While a few fintech solution providers help adopt the Digital Revolution through automated sales and underwriting for loan originations, others provide services like disrupting the asset management sector through algorithm-based asset recommendations and portfolio management with increased efficiency and lowered costs.

Automated workflows and paperless onboarding allow banks to launch digital-only banking, especially with Innovative features like allowing card-less ATM withdrawals, and certified, secure, and legitimate banking. Many fintech platforms also facilitate financial institutions to avail financial services on a hosted model. It also adds value in the entire financial ecosystem with open API Banking, which, in turn, allows banks to collaborate with the fintech players, and thus cultivating an interoperable ecosystem of innovation around customer data. To facilitate the shift towards fintech, we have assessed scores of fintech solution companies and picked out a list of premium choices. We present to you, CFO Tech Outlook's 'Top 10 Fintech Solution Providers—2020.'

Top Fintech Solution Companies

C2FO is a simple and transparent technology available for businesses to access their receivables on-demand. Instead of waiting for payments, C2FO allows any business to request early payments from its customers in exchange for discounted invoices to convert their AR into immediate cash flow. By operating on this model, C2FO relieves the monetary and KPI pressures of companies by providing a debt-free working capital solution. It creates a closed knit transaction platform for suppliers, and customers, without the interference of any bank or other financial entity

c2fo.com

Redefining lead generation within the financial services industry by helping clients yield the highest earnings per click (EPCs) through a customizable optimization platform. Through the platform, the firm has created proven, practical, and effective strategies that drive quality leads and sales while lowering the marketing costs for clients. EPCVIP’s platform provides the ability for bankers, lenders, and financial organizations to customize their landing page with information on their products and services in the shortest time and track results such as gross revenue, page visitors, conversion rates, and more.

www.epcvip.com

ILINX Software integrates its ECM solution with line-of-business systems to automate information processes across an organization. Built with a focus on functionality, simplicity, and affordability, the ILINX platform includes ILINX Capture, ILINX eForms, and ILINX Content Store and more. The platform keeps the data flowing and enables the capture, processing, and management of virtually any type of business content, from paper documents to email and other digital formats. ILINX offers an array of capabilities to manipulate, append, compare, edit and automate documents. Financial institutions can support production-level operations and automate the ingestion of information from multiple sources that need to be encapsulated into a package or a case

ilinx.com

SkyStem delivers powerful account reconciliation and financial close applications for enterprises, which are easy to implement and use. At its core, ART aims to meet four principal criteria: robust features, easy usability, faster implementation time, and, above all, being reasonably-priced. When it comes to ART’s competences, the web-based solution streamlines and eliminates up to 90 percent of manual activities while strengthening internal controls and corporate governance. These activities are done via standardized forms, real-time dashboards, and powerful reporting features. The reports enable all levels of management to identify exceptions, follow up on aged open items, and address unexpected issues rapidly. Prompt, responsive, and knowledge-based support is another paramount facet of SkyStem. Many of the solution providers, today, exercise a “fire-and-forget” approach while implementing their solution. However, SkyStem believes that clients constantly require expert guidance. The company, therefore, welcomes and encourages a one-on-one service experience that is sorely lacking in the business world today

skystem.com

Surecomp offers products that empower banks and corporate firms to have supreme front and backend trade finance operations as well as an enhanced supply chain to deliver well-defined user experiences to consumers. As trade finance protocols vary on a regional basis, every Surecomp solution—be it APISURE or SURECONNECT or SURECOMPSTORE--is delivered and launched in accordance with the laws and regulations of that geographical location in which it is to be deployed or utilized. As digital technology continues to make steady inroads into the banking world, Surecomp continues to seize the opportunities and provide cost-effective, cloud-based SaaS solutions that are easily deployable at all organizations irrespective of its size

surecomp.com

Abrigo

Abrigo

Abrigo provides market-leading compliance, credit risk, and lending solutions to enable its customers to think bigger, allowing them to manage risk and drive growth. The company aims to make big things happen, underlining its commitment to helping community financial institutions succeed against the perfect storm of ever-changing and increasing regulatory requirements, limited resources, expanding and new competition, evolving technologies, and changing customer expectations. Abrigo provides product innovation, world-class support, and unparalleled expertise to its customers

Agreement Express

Agreement Express

Agreement Express provides client onboarding automation for financial services. The platform allows wealth management and payments companies to deliver a consistent customer application, approval, and onboarding experience across their product offerings and channels. Agreement Express's platform is one of the first to help top-performing firms gather, use, and re-use client data to improve and evolve rich customer experiences. The company enables Fortune 500 financial institutions worldwide to provide best-in-class digital experiences to their customers and integrate them into the back-office for streamlined compliance and risk workflows

Flywire

Flywire

Flywire is a high-growth vertical payments company trusted by organizations worldwide to deliver on their customers’ most important moments. Unlike other companies, Flywire is proven to solve high-stakes vertical-specific payment and receivables problems for organizations that provide high-value services. In industries like education, healthcare, travel, and technology, Flywire has vertical-specific insight and technology that allows organizations to optimize the payment experience for their customers while eliminating operational challenges—from invoicing to payment reconciliation. The company offers 24x7 multilingual support via phone, email, and chat, and online tracking

Refinitiv

Refinitiv

Refinitiv provides financial markets data, serving over 40,000 institutions in approximately 190 different countries. The company offers data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community. Refinitiv drives performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk, and fighting financial crime. The company pioneers with 167 years of confidence, breaking new barriers, and enabling more responsible, transparent, and connected financial markets

Urban FT

Urban FT

Urban FT offers digital banking applications for bank and non-bank issuers