IDC Financial Insights ranks top enterprises worldwide serving the financial technology industry
COSTA MESA, Calif.--(BUSINESS WIRE)--Nov. 6, 2024--
MeridianLink, Inc. (NYSE:MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, announced it was recognized as a 2024 IDC FinTech top 50 financial technology services company. The elite list features technology companies from around the globe that are focused on providing solutions to the financial services and FinTech industries. To view the list in its entirety, please visit here.
“It is a true honor to be recognized as one of the top 50 companies in the IDC FinTech rankings for the second consecutive year. This achievement reflects the trust our customers place in us for their digital growth solutions,” said Larry Katz, President of MeridianLink®. “For over 25 years, we have been dedicated to helping our customers unlock their institutions' full potential. As we focus on digital growth, we remain confident in our ability to partner with financial institutions to help them adapt to the evolving demands of today’s consumers.”
The Fortune 500-style ranking categorizes and evaluates the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software, and/or services. These providers supply the technological backbone of the financial services industry, with IDC forecasting global IT spending to be over $800 billion (USD) by 2026.
“IDC has been producing the IDC FinTech Rankings for over twenty years and expanded the program to include the top 150 solutions providers to ensure we get the most accurate representation of the largest FinTechs in the world,” said Marc DeCastro, research director at IDC. “The technology companies on this list provide the innovation necessary to keep the financial services at the forefront of providing modern digital experiences across all aspects of a customer’s financial journey.”
To thrive in a digital economy, financial service organizations must prioritize innovative technology systems that enhance the consumer experience and drive operational excellence. MeridianLink, along with the other companies featured on the IDC FinTech Rankings Top 50, exemplify this significance with a commitment to supporting these organizations along their digital journeys for the benefit of their consumers and communities, their institution, and the industry at large. IDC Financial Insights publishes a comprehensive report about this year's findings that is available to view or download here.
MeridianLink is honored to be recognized among the top FinTech innovators. Since its founding, connecting financial institutions to better technology, better solutions, and better results has been at the forefront of MeridianLink’s core business objectives. By leveraging more than 25 years of experience and data from helping customers succeed, the Company has furthered this commitment with the development of the Digital Progression Model. This innovative framework enables banks and credit unions of all sizes to assess their current digital state, identify growth opportunities, and chart their path to achieve that growth — all while effectively meeting the expectations of modern consumers.
To learn more about how MeridianLink's products can drive digital progression for financial institutions, visit meridianlink.com.
About MeridianLink
MeridianLink
® (NYSE:MLNK) empowers financial institutions and consumer reporting agencies to drive efficient growth. MeridianLink’s cloud-based digital lending, account opening, background screening, and data verification solutions leverage shared intelligence from a unified data platform, MeridianLink® One, to enable customers of all sizes to identify growth opportunities, effectively scale up, and support compliance efforts, all while powering an enhanced experience for staff and consumers alike.
For more than 25 years, MeridianLink has prioritized the democratization of lending for consumers, businesses, and communities. Learn more at www.meridianlink.com.
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Source: MeridianLink, Inc.