Boston, March 30, 2021 –This quarter shows a strong focus on vendors that can deliver next-generation capabilities encompassing both the front and back office of wholesale banking, reflecting the growing need for rapid modernization and solutions that cater to a rapidly changing market landscape. These solutions range from virtual card and subscription management, through access to cross-border multimarket capabilities.

All of the vendors featured in this report face major competitors in the market. Still, their approaches to existing business challenges and the potential lessons they offer the broader wholesale banking and payments space make them worth keeping an eye on. Aite Group includes the following fintech firms in this Q1 2021 edition of the Fintech Spotlight: Alacriti, Dwolla, Mesh Payments, PPI AG, and Prolific Banking.

This 23-page Impact Report contains two figures and five tables. Clients of Aite Group’s Wholesale Banking & Payments service can download this report and corresponding charts.

This report mentions Amazon Web Services, Arkansas BlueCross BlueShield, Bank of America, Broadridge Financial Solutions, Capital One, First Citizens’ Federal Credit Union, Glia, Google, Horizon Credit Union, HSBC, LinkedIn, Meron Capital, Metropolitan Commercial Bank, Nacha, NetSuite, Payoneer, PayPal, QuickBooks, R-Squared Ventures, SWIFT, Technology Credit Union, The Clearing House, TLV Partners, UnitedHealth Group, US Bank, Visa, and Wellmark.