May 20186 The banking industry today has a small window to access a burgeoning digital future that will allow it to flourish. Banks are on the cusp of directing today's technology, in such a way that it can shape the industry in the process.For banks, the stage has not been set on the technological possibilities of the future, giving banks a clean slate so to speak. With Artificial Intelligence and blockchain being buzzwords and the promise they hold in the space, it is not difficult to see these technologies being utilized in the banking industry. Proactive banks are the ones that will shape the industry in the years to come; they will set new industry standards that other banks will follow.Digital-only banks are on the rise, posing new threats for traditional banks, as increasingly tech-savvy customers are lured away from the latter through innovative products and services that are on offer. As with most industries, the focus on customer experience is also having an effect on the banking industry. With the introduction of the Know your customer ('KYC'), apart from using it to identify and verify the identity of customers, it will allow banks to offer personalized banking solutions unique to individual customers. We at the APAC CIO Outlook Editorial Board have come up with the solution providers who show the most promise with our "Top 25 Banking Tech Solution Providers - 2018" list. Watch out for these top players as they gear up to disrupt many industries in the year ahead. Let us know your thoughts!Annie JohnsonManaging Editoreditor@apacciooutlook.comAnnie Johnson To subscribe to APACCIOOutlookVisit www.apacciooutlook.comArt & GraphicsAmelia StewartFlynn SmythToby LangtonSujay KSenior WritersManaging EditorAnnie JohnsonAsst. Managing EditorAmitav HaldipurCopyright © 2018 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.MAY - 11 - 2018, Volume 04 SE 12 Published by ValleyMedia Inc.EditorialBanking is ready for its Revolution!Lane Adams Clara MathewRoyce D'SouzaShiv ShankerEditorialAlfred MardinLouis BeckerRachael ClarkRoy ChowTrishna Das *Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEmailsales@apacciooutlook.comeditor@apacciooutlook.commarketing@apacciooutlook.comContact usPhone: 1 510.996.5168Fax: 510-894-8405
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