Top 10 Banking Technology Innovators 2023

The growing desire for a digital banking experience among millennials and young consumers is altering the banking sector.

Consumers, especially the new generation, who perceive technology as something that can have drastic impacts on life, are driving the future of banking technology.

As technological innovations continue to disrupt traditional banking methods, the world will get to see a plethora of innovative and speedier banking alternatives emerge.

Banks and financial institutions are undergoing a technological revolution, a trend expected to persist in the upcoming years as well. Any attempts to summarize the most noteworthy impact of such a revolution will revolve around increased accessibility and connectivity, superior customer experience, improved data security and privacy, significant reduction of errors, improved business productivity, and more profits.

Among other technology trends, AI and machine learning simplify banking procedures and provide superior customer service, credit, and lending services. They are also significant in combating fraud.

This edition is a summary of what’s happening in banking technology. Besides a research-based industry analysis, the edition includes some of the most critical banking technology solution providers.

Since over ten years ago, SDK.finance has offered a basic fintech banking and payment engine as a software shortcut for companies. Enterprises have been able to introduce their fintech solutions, from digital wallets to neobanks, catering to both startups and enterprise-level clients.

The firm is a top provider of applications that empower financial institutions. The other feature is the open innovation platform for banks, non-banks and fintechs to collaborate and connect.

This solution is perfect for enterprises in search of having a bank-like system. It is possible to administer user accounts, affiliate systems, financial institutions and mobile banking.

Temenos wants to support a financial sector that provides opportunities for everyone. The enterprise is motivated by the enterprise’s excitement for developing banking as the banking platform for all sorts of industry players.

The tools and APIs from Airwallex are trusted by over 100,000 businesses worldwide to streamline their international payments and financial processes. Clients may now access new prospects and expand without boundaries thanks to the business.

Backbase is a new generation Engagement Banking Platform that enables to redesign a company’s internal processes in order to better serve customers. In simple words, banking technology centered around the customers is enabled by the firm.

Over the past 20 years, the company has successfully completed over 300 software conversions. Also, has assisted hundreds of companies in giving their consumers a more cutting-edge, user-friendly digital experience.

The business operates as a digital transformation consulting and engineering firm that provides leading-edge solutions to big corporations and emerging tech companies. The company has been assisting businesses and well-known brands in reimagining their businesses through digitalization since 2007.

The nCino Cloud Banking Platform, a secure cloud-based option, gives institutions end-to-end platform flexibility. The platform integrates capabilities across business divisions to provide a seamless user experience.

Everything you need to create, implement, and manage digital investment and lending services is provided by Bricknode. The company provides robust core loan and investing software, links you to engaging front-end experiences, and facilitates seamless API integration with the partners and systems you depend on.