Boston, April 1, 2020 – Greater automation, improved efficiencies, and enhanced customer service are overall trends currently in the financial services and broader fintech space. The fintech market remains crowded, and it can be challenging for banks, enterprise customers, service providers, and technology vendors to keep up to date with the growing variety of players. Despite the challenges, industry stakeholders need to be conscious of disruptive players and emerging technology trends.

This report’s featured fintech firms—Boost Payment Solutions, Brex, Buckzy, FINSYNC, FISPAN, and RISQ—are selected exclusively by Aite Group analysts based on their level of innovation and their interesting approaches to wider business challenges facing the wholesale banking market, from both bank and customer perspectives. These vendors are active across a range of product categories and services (payments, receivables, money management, core banking platforms, onboarding, digital banking, data management and analytics, and lending) and highlight next-generation thinking and approaches to streamlining efficiencies and back-office processes. This is the first in a series of quarterly reports.

This 26-page Impact Report contains seven figures and six tables. Clients of Aite Group’s Wholesale Banking & Payments service can download this report and corresponding charts.

This report mentions Accenture, ACI, ADP, Airbnb, Alipay, American Express, Anadolubank, Barclays, BDC Capital, Boost Payment Solutions, Brex, Buckzy, Buisness Development Bank of Canada, Citigroup, Credit Suisse, DenizBank, DoorDash, Dropbox, Emirates NBD, Finastra, FINSYNC, FINTOP Capital, FIS, Fiserv, FISPAN, Garanti BBVA, GCash, Global Payments, Goldman Sachs, HCL, IBM, Intuit, JP Morgan Chase, Mastercard, Microsoft, Mistral Venture Partners, Moneris, Mosaik Partners, North Atlantic Capital, Oracle, Panache Ventures, PayPal, Paytm, Reddit, Revel Partners, Rhino Ventures, RISQ, Sage, SAP, Stripe, TCS, TD Bank, U.S. Bank, VakifBank, Visa, Wex, Y Combinator, and Zelle.