NEW YORK and CHICAGO (Nov. 13, 2014) – American Banker and BAI , the top two professional information and education organizations for the financial services industry, today announced the FinTech Forward™ annual report, which ranks the leading companies providing technology for financial institutions worldwide.
FIS, Tata Consultancy Services and Fiserv, Inc. ranked highest on the list of the top 100 technology providers to banking and financial services companies, while IBM, Hewlett-Packard and Dell topped the list of the 25 largest technology companies that serve financial services among other industries. Additionally, American Banker and BAI released the FinTech Companies to Watch list of up-and-comers that are offering innovative solutions to the industry's most pressing tech challenges.
The top companies in financial services technology were formally recognized yesterday at an awards ceremony held at BAI’s Retail Delivery Conference & Expo, the world’s premier retail banking event attended by more than 3,000 financial industry leaders.
The FinTech Forward report, a product of American Banker and BAI’s 11-year alliance, is the financial technology vendor ranking with the broadest reach in the banking industry and is distributed to more than 50,000 banking and financial services professionals through the American Banker, Bank Technology News, PaymentsSource, and Credit Union Journal publications and websites and featured on www.FinTechForward.com.
“FinTech Forward looks beyond the numbers and includes a more strategic view of and commentary on the issues driving technology spending," said Penny Crosman, Editor-in-Chief of Bank Technology News and Technology Editor at American Banker. "It also highlights ten promising startups bankers should have on their radars.”
As part of the program, American Banker and BAI published a series of articles identifying the forces and trends that are motivating banks’ technology investment. The FinTech Forward special report also includes sponsored content from Fiserv (which ranked third on the FinTech Forward Top 100) featuring the vendor’s proprietary research.
The top 100 and top 25 rankings are based on reported and estimated calendar-year revenues derived from the financial industry. To see the full lists, visit www.FinTechForward.com
2014 Top 100 Technology Providers
1 FIS Jacksonville, FL www.fisglobal.com
2 Tata Consultancy Services Mumbai, India www.tcs.com
3 Fiserv, Inc. Brookfield, WI www.fiserv.com
4 Cognizant Tech Solutions Teaneck, NJ www.cognizant.com
5 NCR Corp Duluth, GA www.ncr.com
2014 Top 25 Enterprise Companies
1 IBM Armonk, NY www.ibm.com
2 Hewlett-Packard Palo Alto, CA www.hp.com
3 Dell, Inc Round Rock, TX www.dell.com
4 Microsoft Redmond, WA www.microsoft.com
5 Accenture Dublin www.accenture.com
2014 FinTech Companies to Watch
Standard Treasury San Francisco www. standardtreasury.com
BioCatch Boston www.biocatch.com
Linqto Pebble Beach, CA www.linqto.com
Econiq Burlington, Mass. www.econiq.com
True Accord San Francisco www.trueaccord.com
Kasisto New York www.kasisto.com
Currency Cloud London www.currencycloud.com
FormFree Johns Creek, GA www.formfree.com
VerifyValid Grand Rapids, MI www.verifyvalid.com
Rippleshot Chicago www.rippleshot.com
Follow news about FinTech Forward on Twitter: #fintechforward @AmerBanker @BankTechNews @BAI_info
About American Banker
American Banker, founded in 1836, is the banking industry's most powerful information resource providing analysis and news, research, data, and opinion on the business of banking. American Banker’s award-winning content is delivered throughout the day, online and via mobile devices; in print via the daily American Banker newspaper and the monthly American Banker Magazine; and through online and live conferences and seminars. Bank Technology News is the technology resource of American Banker, providing in-depth news and analysis of the people, trends, innovations, and strategies that are reshaping technology at banking companies.
SourceMedia, an Observer Capital company, is a diversified business-to-business digital media company serving senior professionals in the financial, technology, and healthcare sectors. Brands include American Banker, The Bond Buyer, Mergers & Acquisitions, Financial Planning, On Wall Street, Accounting Today, Health Data Management and Employee Benefit News.
BAI is the financial services industry’s resource for breakthrough information and intelligence needed to innovate and stay relevant in an evolving marketplace. For more than 85 years, BAI has provided the industry with unbiased and objective education and research. BAI’s offerings are as diverse as the industry, and include premier events such as BAI Retail Delivery Conference & Expo, groundbreaking research, professional learning and development programs, and in-depth editorial coverage through BAI Banking Strategies. For more information, visit www.bai.org. BAI is Bank Administration Institute and BAI Center.
Scott Mills, APR