A steady stream of change in technological and economic factors is rapidly disrupting today’s payment industry. Be it making transactions or applying mortgage, the modern tech savvy customers are relying on PCs, smartphones, tablets, and even wearables.

With digitization and modernization of payment infrastructures, contactless payment cards, mobile wallets, biometric authentication processes like finger vein scanners, pulse and voice recognition, and keystroke detection are contributing toward a cashless society. In addition, NFC-enabled credit and debit cards and smart watches are gaining traction for seamless transactions in-person, online, or on-the-go. Also, as the financial markets is undergoing a transformation with new regulations and mergers, global companies across sectors rely on payment solutions to meet smart cards, credit and debit card management challenges.

In today’s cashless era, scores of payments and card solution providers are provisioning out-of-the-box technology to build numerous innovative payment methods. As a direct result of technology advancements such as mobile payments for instant or real-time transactions, payment and card solutions are evolving fast and are becoming more secure.

A distinguished panel of prominent CEOs, CIOs, VCs, and analysts, along with the Banking CIO Outlook’s editorial board has assessed hundreds of payment and card solution providers and shortlisted the ones that are at the forefront of providing cutting-edge technology. This listing provides a look into how the solutions in this domain are implemented, so that you can gain a comprehensive understanding of how they will optimize business processes in the financial arena.

We present to you Top 10 Payment & Card Solution Providers 2016.