#fintechcompanies

CIOTIMES | Most Successfully Fintech Companies of the Year 2021 - Panamax (Bankim Brahmbhatt)

Link: https://theciotimes.com/magazines/

We are in an era where technology has democratized financial services, giving customers unprecedented access to information, tools, and advice. However, for many financial institutions, it’s an uphill struggle to make their products competitive in this new age.

FinLocker is one such organization that is helping financial institutions to deliver financially personalized services. The company is changing the face of personalized financing solutions through an app that gives clear, concise, and engaging financial fitness information in a mobile-friendly format.

In the following interview with Insights Success a business solutions magazine, Brian Vieaux, President and COO, talks about the company’s USP, the need for going mobile in making sound financial decisions, traversing the pandemic, and how the organization is ushering into the student loan area in the forthcoming years.

Being an experienced leader, share with us your opinion on what impact has the adoption of modern technologies such as AI, big data and machine learning had on the finance niche and what more could be expected in the future? Another example where we’re continuing to see expansion is going beyond transactional asset data by enabling consumers to link their own payroll data, similar to how a consumer using a personal financial management app would connect their bank accounts to see a holistic view of their financial life. FinLocker is preparing to empower consumers also to link their payroll data.

One name among the companies that are leveraging technology to provide customized solutions to their clients is Atidot. Spearheaded by Dror Katzav, the CEO and Co-founder of Atidot, the company is a leading AI cloud-based platform tailored specifically to suit the needs of the life insurance industry, enabling insurers to grow their customer’s Lifetime Value and create new revenues.

In the following interview with Insights Success a business magazine online , Dror talks about the exemplary personalized solutions that the company has been delivering since its inception. Taking into consideration the current pandemic, what initial challenges did you face, and how did you drive your company to sustain operations while ensuring the safety of your employees at the same time?

Atidot, as a nimble start-up, maintained its ability to respond to the impact the pandemic had on insurance companies. That said, during COVID, there were many things that insurers could do to help their customer, like providing cash value loans and other financial products that could provide relief. But it needed an immediate response from the insurers that usually rely on their channels and have a long response time due to culture and complicated internal processes.

In today’s world, where everything from your groceries to your dinner reservations can be done online, it is only apparent that financial services ride this wave of digital transformation.

Moreover, where there is data, there is the threat of cyber-attacks, and FIs are the most lucrative targets for ransomware, phishing, and other data security threats. This is where companies like Asignio play a significant role in protecting FIs against such vulnerabilities.

In the following interview with Insights Success a business solutions magazine, Kyle Rutherford, the CEO, shares his insights on the company’s journey in the FinTech industry and his vision for future innovations under Asignio’s label.

Following are the interview highlights.

How do you envision scaling your company’s operations and offerings in 2021?

We’re in trials now with a couple of financial institutions. Once we roll those services out, we will need to scale rapidly.

The emergence of digital wealth management will have a significant impact on consumer behaviour and the future of finance. Wealth management firms are eager to embrace this shift because they know that catering to an increasingly mobile workforce with diverse needs requires a different type of service delivery model than the traditional offerings.

Fortunately, there a few companies who are rising to the challenge pertaining to this emerging need, and one prominent name among such companies is additiv.

In the following interview with Insights Scussess a Best Business Magazine, Christine Schmid, the Head of Strategy, shares a few insights into the company’s position in FinTech space. She also talks about the aspects that make additiv stand out from the crowd, and what more the company has in store for its clients. Exhibiting Excellence additiv supports a large number of the leading financial institutions for wealth management and non-financial brands.