London / Immenstaad, July 12, 2022 – Actico again ranked on FinTech Global’s prestigious AIFinTech100 list in 2022. The company recognizes the world’s most innovative solution providers developing Artificial Intelligence (AI) and Machine Learning (ML) technologies to improve the efficiency of financial services and solve new financial challenges.
Actico, an international provider of digital decision-making software using Artificial Intelligence, is pleased to have once again been recognized as one of the top 100 global AI companies in the financial sector.
The selection process was highly competitive this year, as the number of technology providers developing AI or data science solutions for banks, insurance companies, financial platforms, and in the compliance sector has grown significantly. FinTech Global evaluated more than 2,000 FinTech companies with the help of a panel of industry experts and analysts for the selection.
Actico’s industry-proven solutions enable financial institutions to automate digital decision-making using artificial intelligence, to accelerate risk assessments, and streamline regulatory requirements for money laundering, payment screening, and fraud detection. Most innovative is the easy-to-use interface that allows employees from business departments to create and customize rules via drag-and-drop. This allows banks to launch new products and introduce improvements to their processes in a short time without the involvement of the IT department.
The Top 100 list is of particular importance to financial institutions, as they increasingly rely on AI and data analytics solutions due to adjusted regulatory requirements, increased use of digital channels and technological progress. Experts estimate that AI applications can save $447 billion in costs over the next 12 months. “Digital natives expect banks to let them open an account online instantly and get started. Neobanks are also putting pressure on traditional financial institutions with new business models. It is therefore vital for banks to use innovative technologies such as AI and machine learning to automate their business while protecting themselves against fraud, market abuse and money laundering,” explains Hans-Jürgen Rieder, CEO of Actico. “With our 20 years of market expertise and market-proven machine learning models, our customers can not only automate and optimize their processes, but also save large cost blocks and make their business more agile for future challenges.”
FinTech Global director Richard Sachar said, “Now, more than ever, established financial institutions need to be aware of the latest AI and data analytics technology in the market to deliver competitive financial products and reach new customers. The AIFinTech100 list helps senior decision-makers in the industry filter through all the vendors in the market by identifying the market-leading AI innovators which will have lasting impact on the industry.”
A full list of the AIFinTech100 and detailed information about Actico is available for free download at www.AIFinTech100.com
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Actico is a leading international provider of software for intelligent automation and digital decision-making. The company provides world-class software and tools used in a variety of industries that improve day-to-day decision-making and end-to-end automation.
Actico‘s solutions are used to manage risks, meet regulatory compliance obligations, prevent fraud, improve digital customer loyalty and optimize operations. They combine human knowledge and artificial intelligence with powerful automation technology. The adaptive, cloud-based software helps companies gain agility, drive business excellence and achieve higher customer satisfaction.
With years of experience serving businesses worldwide, Actico has a proven ability to process large amounts of data and develop reliable, robust, and scalable applications. Actico technology is used by companies on almost every continent, from small and medium-sized businesses to Fortune 500 companies.
Read more about Actico at https://www.actico.com/.