6OCTOBER 2019Managing EditorSarah DawsonAaron Pierce Ann Bennis Antony MosesVisualizerRonald DonovanSalesSarah DawsonManaging Editoreditor@cfotechoutlook.comKatherine Joneskatherine@cfotechoutlook.comEditor's NoteA Step Closer to Simplified FinanceThe financial sector is undergoing massive transformation with the emergence of various fintech disruptors. Many banks and other financial institutions (FIs) are partnering with innovative fintech companies to improve the agility of their processes and services. These developments are in tune with the requirements of the millennials who prefer to transact with FIs that offer online services in real-time. Artificial intelligence (AI) is helping FIs automate repetitive procedures, simplify complicated tasks, reduce manual errors, leading to increased process efficiency. As mobility is gaining momentum, FIs are capitalizing on the value offered by the latest mobile technologies to enhance their communication outreach and improve business outcomes. They are also rolling out sophisticated AI customer service chatbots that process natural language and predict questions, thereby increasing customer satisfaction. Moreover, blockchain is redefining the traditional banking system through its tamper-resistant distributed digital ledger mechanism. It is crucial for FIs of all sizes to be knowledgeable about the changing market trends and adapt to these changes quickly.In the wake of these technology transitions, CFO Tech Outlook is glad to feature Rimilia on our annual list of top fintech solution providers. Rimilia has set a new benchmark with its financial solutions which help enterprises replace legacy practices for applying cash, managing credit collections, and dispute resolution with automation. Rimilia reduces a company's day sales outstanding, and in parallel, increases customer satisfaction through intelligent dispute and reconciliation management driven by AI and automated workflows.To assist modern FIs in taking advantage of fintechs, this edition of CFO Tech Outlook features a list of leading vendors along with insightful articles from thought leaders in the fintech arena. Let us know your thoughts.Contact Us:Phone:5510-556-2402Fax:510-894-8405Email:sales@cfotechoutlook.comeditor@cfotechoutlook.commarketing@cfotechoutlook.com October 07, 2019, Vol - 05,Issue - 11 (ISSN 2644 - 2841)Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com Editorial StaffAva GarciaJoshua Parker Paul BarberIssac GeorgeCopyright © 2019 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 staff
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