6AUGUST 2021Managing EditorSarah DawsonAaron Pierce Ann Bennis Antony MosesVisualizerSalesSarah DawsonManaging Editoreditor@cfotechoutlook.comRichard Watsonrichard@cfotechoutlook.comEditor's NoteEditorial StaffAva GarciaJoshua Parker Paul BarberJaxon JaseCopyright © 2021 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEmail:sales@cfotechoutlook.comeditor@cfotechoutlook.commarketing@cfotechoutlook.com AUGUST - 15 - 2021, Vol - 07, Issue - 07 (ISSN 2644 - 2841)Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com The COVID-19 pandemic has radically transformed the way businesses function across the globe. On the one hand, enterprises are incurring significant losses, while on the other, more and more innovations are coming to fruition. One of the many industries to benefit from these innovations is fintech. While digital banking has been around for many years, its true potential is only now being realized. The pandemic has forced several brick-and-mortar bank branches to shut their doors permanently and go digital. This has increased access to banking solutions and significantly reduced the threats involved in operating a physical bank outlet. In addition, digital banking services are now leveraged by 6 percent of the adult population in the U.S. Although a small number, this percentage represents significant growth from recent years and takes us closer to a wholly digital environment.Technologies such as Artificial Intelligence (AI) and Machine Learning (ML) are being leveraged to ramp up efficiency and enhance customer service across sectors, and fintech is no different. The latest AI/ML tools target various areas within fintech, aiding in fraud detection, process optimization, credit scoring, and even customer service. We see a growing normalization of these technologies and greater integration into several practices. The ever-increasing trend toward autonomous financing has not only resulted in increased efficiency but has also made the finance sector more accessible. What was once considered an incomprehensible sphere of the economy to a large portion of the world's population has become understandable to the layman. And financial service providers are going out of their way to make their offerings understandable to their clients.Without a doubt, the demand for fintech is on the rise. As long as people seek new ways of convenience, alternatives to current systems, and safer solutions for their precious data, the world of fintech will continue to evolve. In this edition of CFO Tech Outlook, we bring you the story of some of the most successful fintech solution providers that deliver the best outcomes for their clients. This edition also combines thought leadership articles from subject-matter experts and exclusive insights from CIOs and CXOs. We hope this edition will provide you with the right assistance in choosing the best fintech solution providers based on your requirements.Let us know your thoughts!Evolving Through the Pandemic
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