2007 FinTech 100
We're proud to present the fourth annual FinTech 100 ranking and special report. In addition to two unique rankings of technology firms’ sales to financial companies, the report includes analyses of key players and issues.
Fiserv's chief offers insight into his plans for integrating CheckFree. Metavante discusses its partnership with Temenos and VeriFone its plans at the POS. We also examine what’s driving tech spending and ponder the future of predictive analytics. And more.
Software Playing Catch-Up with The Promise of Data Analytics
"Predictive analytics" has long been a catchphrase, but it may finally have caught up to its promise.
Overview
The FinTech 100 special report emerges at a time when the environment for technology spending by financial institutions is not nearly as bleak as the overall gloomy conditions that have battered bankers in the latter part of the year.
Methodology
Financial Insights and American Banker relied on several sources to gather the data for this survey, now in its fourth year.
For Big Banks, a Budget Balancing Act
Though they might prefer to put their dollars elsewhere, bank chief information officers are making compliance and security their top technology spending priorities for 2008.
Intuit Looks to Smallest Users to Spur Growth
Intuit Inc. has long been considered one of the top providers of financial software to small businesses, but in the past year it has overhauled its corporate structure, its product line, and its strategy to attract the smallest of the lot.
VeriFone's Plan: Take Payments to New Places
Last year, the San Jose terminal company VeriFone, realizing that the U.S. was ready for wireless payment options, acquired Lipman Electronic Engineering, the Israeli firm that held the global lead in portable payment devices.
Core System Conversion: A Reality Check
Given the difficulty of converting a core banking system, it is not surprising that few U.S. bank executives are reluctant to take on the potentially career-ending risk of championing such a project.
Fiserv Finding Itself Through CheckFree
From the moment he joined Fiserv as its president and chief executive in November 2005, Jeffery W. Yabuki made it clear he believed the company needed to reinvent itself.
Temenos Trying to Gain Traction in U.S., Slowly
Who could blame the developers of advanced core banking products abroad for drooling over the possibility that big U.S. banks might be ready to chuck their inflexible, 30-year-old mainframe banking systems?
NCR Thinking Outside the ATM Vestibule
NCR is the world's biggest maker of automated teller machines, but Bill Nuti, the Dayton, Ohio, company's chief executive, has a long-term vision that goes well beyond the venerable cash machine.