Top 5 FinTech Solution Companies in Europe - 2020

The Quintessential Technology Source for Corporate Financial Professionals

Scientia Consulting Group: Powering and Benchmarking the Digital Banking Sector

Top 5 FinTech Solution Companies in Europe - 2020

Fintech, the portmanteau of finance and technology, represents a powerful synergy of these industries and assures to take modern banking to a new level. The finance sector is largely dominated by advanced technological innovations that have influenced the way this sector functions. Fintech is considerably improving customer experience over the years, providing institutions with new opportunities that expand far beyond traditional banking services.

Banking and financial services are already using technologies like Artificial Intelligence and machine learning to reduce errors and offer a more streamlined digital banking experience to the consumers. And, as 2020 unfolds, there is no surprise that these industries will continue to embrace these technologies to improve their productivity and efficiency further. Going forward, more organizations will turn to blockchain to decrease fraud and manage both regulatory and audit concerns. Plus, blockchain integrated with more devices in the world of the Internet of Things (IoT) will expedite processes like asset and money transfers, payments, and investments and eliminate processing mistakes that cause delays. With technology like robotic process automation (RPA) software, machines make quick work of tedious and repetitive data entry, allowing financial institutions to focus on customer service improvements instead of being bogged down by data collection.

In this edition, CFO Tech Outlook has compiled a list of top 5 Fintech solution providers in Europe that helps banks and other financial institutions harness the power of technology to tackle day-to-day challenges. We hope this issue of the CFO Tech Outlook helps you build the partnership you and your firm needs to foster a technologically-driven financial environment.

We present to you, CFO Tech Outlook’ “Top 5 Fintech Solution Providers in Europe - 2020.”

Top FinTech Solution Companies in Europe

A specialised software company with deep expertise in the area of cash supply chain management and significant experience with cash cycle optimisation and forecasting solutions. With in-depth expertise in the realm of supply chain management and advanced cash handling systems, the dynamic team of planfocus has developed a premium solution suite—Cash Cycle Optimizer (CCO). The solution suite responsibly manages the entire cash supply chain by controlling all of the money movements. The CCO receives daily inventory reports about the local cash holdings and accurately predicts the demand for cash at different touchpoints to ensure just-in-time deliveries

planfocus.com

Qvalia helps companies take control of their data and automate their business. The firm’s software platform provides a complete solution in transaction automation, from e-invoice management to accounting and for organizations of all sizes. One can expect increased efficiency throughout the accounts payable and accounts receivable processes, reduced costs, and analytics in real-time. Since the start in 2007, Qvalia is the leading Nordic expert in transaction analysis and transformation. Accounts receivable, transaction analysis, contract compliance, value-added tax, accounting, accounts payable, recovery audit, cloud services, enterprise software, and financial technology are some of the key offerings of the company

qvalia.com

AAAccell

AAAccell

AAAccell is a leading Swiss quantitative FinTech in risk and asset management and develops innovative AI/ML solutions for the financial service industry. AAAccell stands for Academic excellence, Artificial intelligence, and Algorithmic power. They are a university spin-off company, basing their solutions on the latest scientific results and methods developed by leading academics, professors, and researchers from various Universities such as ETH, University of Zurich, or Columbia NY. AAAccell offers in-depth industry insights and understands the financial market due to years of experience, innovative projects, and ambitious clients. The firm is at the forefront of setting standards in risk- and return management, developing unbiased improvements, and driving disruptive optimization

Feedzai

Feedzai

Feedzai is the market leader in fighting fraud with AI. The business is coding the future of commerce with a leading platform powered by artificial intelligence and big data. Founded and developed by data scientists and aerospace engineers, Feedzai has one critical mission—making commerce safe. Banks, payment providers, and retailers use Feedzai’s machine learning technology to manage risks associated with banking and shopping, whether it is in person, online, or via mobile devices. Some of the key specialties of the enterprise include big data, real-time data processing, business monitoring, fraud prevention, large scale data processing, event processing, and business intelligence

Order2Cash

Order2Cash

Order2Cash offers a single platform to manage the entire order to cash cycle. The platform provides credit risk and customer assessment, secure digital contract signing, e-Invoicing, online payments, credit management, collections, and business intelligence. They want every customer to be a reference customer, and so the business works hard to ensure that they live up to their promises. Order2Cash wants to ensure that every discipline, every activity, and each transaction within the order to cash cycle can be handled as seamlessly and efficiently as possible, which the team thinks is feasible by close cooperation and interaction with its customers