bankingciooutlook
New Access: A One-Stop-Shop for Private Banking and Wealth Management Needs

Top 10 Digital Banking Solution Companies in Europe - 2020

The banking industry in Europe is set to have immense changes in the coming years due to new regulations. The complexities introduced by these regulations have made the waters harsher for financial institutions in Europe regarding their control of private financial data of customers. In the wake of these regulations, financial institutions must ensure that the customer experience is not adversely affected when they give customers more control over their personal information.

Today, financial firms are catching up to other industries by incorporating artificial intelligence (AI), blockchain, and Internet of Things (IoT) to service their customers, remain competitive, and enhance business outcomes. This has resulted in lowering the barriers for new customer acquisition and has expanded product penetration among existing customers. Mostly, it means better and simpler mobile and online experiences, closing the ease-of-use gap between banks and Fintech companies.

In the wake of digital transformation, most banks are leveraging robust digital banking app for its existing customers. But the digital acquisition of new customers lags far behind what institutions offer to their existing customers. Several key technologies are currently available but still not broadly adopted as they could be. Examples include instant online account opening (OAO)on mobile and web devices and online loan origination software (LOS) that are still struggling to gain the momentum.

In order to assist banking and other financial institutions in the task of finding accomplished digital banking solution providers, we have compiled this issue of Banking CIO Outlook. In this edition, we have listed the Top 10 Digital Banking Solution Providers in Europe 2020 and Top 10 Digital Banking Consulting/Service Companies in Europe 2020 to highlight the companies that can escalate the chances of your growth. Equipped with innovative technological capabilities, these enlisted solution providers are transforming the digital banking landscape at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs in the financial sector on the latest industry trends, best practices, recent innovations, and highlights their expertise. We hope this issue of Banking CIO Outlook helps you build the partnership you and your organization need to foster an environment driven by robust and efficient technology.

We present to you Banking CIO Outlook’s, Top 10 Digital Banking Solution Providers in Europe 2020.

Top Digital Banking Solution Companies in Europe

Antelop is the digital partner of banks for card digitalisation and mobile security. The company provides all-in-one secure mobile authentication and payments solution with leading digital payments and strong customer authentication features. The ground-breaking PCI DSS certified SaaS solutions of Antelop are designed to speed up time-to-market for banks seeking to offer Apple Pay, Google Pay, any Pay and overall secure digital banking solutions to their customers. Backed by its large international partners, Antelop’s solutions are live in over 20 countries and have proven their robust and innovative capabilities in real-time

www.antelop-solutions.com

Beyn’s banking solutions are based on three layers: communication, digital engine, and customer experience. The communication layer connects and simplifies interactions with legacy CBS or external stakeholders. The digital banking engine is a set of 70+ banking modules for retail and corporate clients. These modules activate reporting tools, cash transfers, trade finance and cash management operations, card management, among others, all in real-time. The last layer is focused on the end-user and how they interact with the banks

beyn.io

Cardinal Ltd., a market-leading company in digital banking in Hungary, been developing electronic banking applications and document management systems for more than 25 years. Their state-of-the-art technologies enable secure electronic banking between banks and their customers. With in-depth professional knowledge of merchant banking transactional operations and the bank-customer relationship, Cardinal has developed three product brands: CRAFT, ELECTRA, and ViCA. Cardinal designed CRAFT, workflow-based document management and archiving system to support the maintenance of documents and records in the business processes of financial institutions in a fully electronic and automated process. ViCA is Cardinal’s public key infrastructure based virtual chipcard application that allows strong customer authentication in login procedure and multiple signing of orders and requests towards the back ends. ELECTRA is the umbrella name for a group of Cardinal’s different electronic channels or UIs such as the web-based UI, Electra Internet Banking, or the installed, thick UI, Electra Client Terminal, and more

www.cardinal.hu

The CREALOGIX Group is a Swiss Fintech 100 company and is among the global market leaders in digital banking. CREALOGIX develops and implements innovative fintech solutions for the digital banks of tomorrow. With solutions based on its innovative API-based architecture–the CREALOGIX Digital Banking Hub–for open banking of the future, the company allows fast and smooth integration into all of a bank’s existing system. Thereby, CREALOGIX equips its customers to meet the requirements of PSD2 and open banking. CREALOGIX’s sophisticated solutions enable the banks to hold their position in a very demanding and dynamic market and remain one step ahead of their competitors.

crealogix.com

Itera focuses on streamlining digitalisation and automation for organisations in the finance industry, which is notoriously slow in adopting the latest digital innovations. The company offers an array of technological assistance powered by artificial intelligence, cloud computing, and DevOps alongside services to improve legacy system management and the overall customer experience (CX). Under the banner of ‘Smart Banking,’ Itera develops and delivers solutions that enable banking companies to stay competitive in the marketplace, while ensuring complete regulatory compliance. The company’s solutions are architected with cloud technologies and developed using open source technology, primarily with Microsoft .net and Java programming languages

www.itera.no

New Access is a European company that provides agile and scalable core-to-digital advanced software solutions for private banking and wealth management industries. The company's client lifecycle management solution, Banker's Front is a fully configurable front-end portal that enables bankers and clients to interact seamlessly in a fully secured and cross-border regulatory compliant environment. Developed on the back of the three pillars—client relationship management, document management, and portfolio management—the web technology-based solution is the only portal that provides an intuitive interface to the relationship managers for managing the complete lifecycle of the client services, from prospection to onboarding, modification, review, and all the ongoing day-to-day activities

www.newaccess.ch

As a specialist in payment transactions for more than 34 years, the Germany-based company brings to the table Instant Payments Gateway (IPG). This 24/7/365 highly secure interface acts as a vital component to the Transaction Clearing and Settlement Mechanism and numerous payment solutions in the digital world. Presently, with its state-of-the-art hardware and software solutions and a service-oriented agile corporate culture, van den Berg positions itself as an eminent partner in digitising payment transactions. van den Berg combines over three decades of rich expertise and agile in-house technical infrastructures to emerge as the link between payers and recipients

www.vdb.de

knowis AG

knowis AG

The company's banking platform isfinancial is the link between your core banking system and the various user interactions . It is a 'digital agility layer', which means it ensures that business logic is packaged and reusable. Intelligent data management ensures that knowledge can be used across processes. Innovative tools and concepts enable short project times and quick customization.By the way, if the topic of credit is not at the top of your agenda, our partners create isfinancial applications for all areas of banking – from Know-Your-Customer (KYC) to Compliance to Estate Management

optherium labs

optherium labs

Optherium Labs is a blockchain technology company with a global financial provider partner network.We provide ecosystem of products and services, powered with patented Multidecentralized private blockchains network technology, which makes digital banking faster, safer and more cost effective

Windmill Smart solutions

Windmill Smart solutions

Specializes in full cycle product development, from concept to design, development and deployment