The new AIFinTech100 recognizes FinTech companies using artificial intelligence to transform financial services

The prestigious ranking highlights the world’s most innovative solution providers who develop artificial intelligence (AI) and machine learning solutions.

LONDON, UNITED KINGDOM, 12 July 2022 /EINPresswire.com/ – The introduction of AI and data analytics solutions by financial institutions has exploded in the last two years accelerated by technological advances, increased use of digital channels and changing regulations. In addition, the potential cost savings for banks from AI applications are estimated to reach $ 447 billion over the next 12 months.

As a result, the number of technology vendors using AI or computer solutions to solve challenges in areas such as banking, insurance, customer experience, investment and trade and compliance has skyrocketed. This made the selection process for this year’s AIFinTech100 list extremely competitive as the finalists were selected by a panel of industry experts and analysts based on research produced by FinTech Global on over 2000 FinTech companies.

FinTech Global CEO Richard Sachar said: “Now, more than ever, established financial institutions need to be aware of the latest AI and data analytics technologies on the market to deliver competitive financial products and reach new customers. The AIFinTech100 list helps senior industry decision makers filter through all vendors in the market by identifying the market-leading AI innovators that will have a lasting impact on the industry. “

The leading companies that were awarded a place on the list include:

ACTICO: international provider of software for intelligent automation and digital decisions in financial services
ComplyAdvantage: the global leader in hyperscale risk management designed to help hyper-growth companies find, minimize or eliminate the threat of financial crime.

EasySend: a code-free platform that enables organizations to transform complex forms into simple digital experiences quickly and at a fraction of the cost
ForwardLane: hyper-customize the customer experience with data-driven insights and second-best assets for wealth, asset management and insurance.

Greater Than: offers a data analysis tool that predicts driver risk and helps motor insurance and mobility with precise pricing.

KYC2020: combines smart data and AI with human factors to automate watch list and negative media screening and ongoing monitoring.

NICE Actimize: the leading global provider of financial crime, risk and compliance solutions.

PureFacts: develops software that helps financial services companies increase revenue, reduce risk and deliver better results to their customers.

Quantiphi: award-winning AI-first digital engineering company, helping companies transform and realize transformation business opportunities at the heart of the business.

Sentient Machines: advanced call analysis platform that enables 100% monitoring of customer interactions using cutting-edge AI, and identifies high-risk calls that are critical to the business.

Smarsh: provider of cloud-based, AI-enabled digital communications solutions for capture, storage and surveillance for industries with strict compliance and e-discovery requirements.

Symphony AyasdiAI: its innovative technology enables financial institutions to detect and even predict crime that is routinely ignored by older systems.

Think: Europe’s leading open banking platform that enables banks, fintechs and startups to develop data-driven financial services.

Turing Technology: technology company that uses cutting-edge artificial intelligence to redefine and reinvent active investment management.

VoxSmart: helps companies view their communications data in a clear and compatible way to effectively reduce business risk.

A complete list of AIFinTech100 and detailed information about each company is available for free download at www.AIFinTech100.com.

RICHARD SACHAR
FinTech Global
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