There are 58 Fintech companies in the report this year.
They represent a total of 273 branded solutions.
Fiserv has the largest number of solutions, 127, and for good reason. Fiserv made 157 acquisitions and assembled more products than any other company. Call Fiserv the cereal aisle of a large supermarket, every imaginable version and size of product for any
buyer.
Several companies are specialists at what they do, thus they offer one solution.
Some of the largest companies in the report are one-solution companies - payments companies.
Core systems companies have evolved to include popular ancillary solutions. A core sale now includes an average of 18 ancillaries.
Largest category of solutions offered by vendors this year - risk management
Second from largest - compliance
Third from largest - analytics
Hard to think of the Congress as Fintech's best sales organization, but you can't beat the formula: Bad judgments occur, Congress legislates, bankers obey laws, Fintechs grow their offerings, the Big 5 increased annual revenues by 6% in 2013.
Smallest category of solutions - voice response
There are 24 categories of solutions, all necessary in a full-featured tech system for any bank or credit union. That's my opinion, but I can defend it with four characteristics: availability, affordability (ROI), scalability, and core-compatibility.
There are 13 new companies in the report this year that I had not heard of before 2014. Glad to have them. Some companies refuse my invitations. What you do NOT see in AiB is interesting, such as companies that are about to be acquired.
M&A activity will continue forever. Right now at 16 per year (average 21 in past 22 years). Build an exceptional product, prove it with customers, earn a legitimate reputation - the acquirers will come a callin', especially when you're not ready. They've
been watching you.
This year, I included a weeding-out process of some companies. A few vendors also did some trimming, with a fine-tuning process, by making some solutions stronger and eliminating redundancy. The result: the report contains only 565 pages, not 619.
There are five Fintech companies that rank highest in the U.S. But the difference in size (revenue) between #1 and #5 is huge: FIS $6.07 billion; CSVI $192 million.