target audience: TECH BUYER Publication date: Sep 2024 - Document type: IDC Perspective - Doc Document number: # US51446224
2024 IDC FinTech Rankings: Trends and Analysis of the Most Influential Global Fintechs
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Abstract
This IDC Perspective presents the findings of the 2024 IDC FinTech Rankings. The annual program serves the needs of financial institutions worldwide by presenting current and historical trends in performance by the partner companies that support financial service technology. The rankings data indicates longevity, strength, and commitment to the industry. Each year, IDC also recognizes newcomers to the list as well as those exceeding their peers in growing their ranking within the IDC FinTech program.
"The recovery for financial services technology has begun in earnest in 2024 as investment in foundational technology supporting customer experience, core modernization, and process improvement remains strong," says Marc DeCastro, research director, IDC Financial Insights. "Propelling investment in the second half of the 2020s will focus on enterprise solutions driving efficiencies and managing risk and compliance as well as the hyper-personalization of employee and customer experiences in banking, insurance, and wealth management. All of these will leverage AI along with industry ecosystem solutions built on modern technology platforms."