Top 20 Payment & Card Tech Companies - 2017
The payment and card landscape is undergoing a paradigm shift with the advent of next-gen tools that can radically drive down operational costs, alleviate cumbersome transaction procedures, and substantially augment the user experience. These cutting-edge financial technologies are revamping the established model of payment services to offer a frictionless payment experience.
The significant changes in the conventional payment landscape are majorly powered by cloud-hosted software that provides a unified transaction platform accessible anywhere with the click of a button. The growth of connected mobile devices and Internet of Things (IoT) is also fuelling the change. These devices seamlessly facilitate real-time payments, making the process increasingly efficient and transparent. Adjacently, a myriad of AI-driven tools is being used to encrypt end-to-end transactions that provide a risk-calibrated streamlined approach.
With a variety of solution providers in the market, finding the right solution is often a complicated task for the businesses. In this scenario, a distinguished panel comprising of CEOs, CIOs, VCs, and analysts along with CIOReview’s editorial board has selected the top players in the payment and card technology landscape who have the ability to develop and offer innovative solutions to the clients.
In our selection process, we looked at the vendors’ capabilities to fulfill the need for cost-effective and innovative solutions that add value to the industry. We present to you the “20 Most Promising Payment and Card Solution Providers - 2017.”