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SBS Earns a Spot in the 2017 IDC FinTech Rankings

SBS Earns a Spot in the 2017 IDC FinTech Rankings

Joins elite list of global solutions providers

MINEOLA, NY, September 14, 2017 – Safe Banking Systems, LLC, a provider of innovative anti-money laundering and compliance solutions, is pleased to announce that it has been included in the 2017 IDC FinTech Rankings from IDC Financial Insights. This ranking recognizes the top 100 global technology providers to financial institutions based on revenue from hardware, software and IT services.

“As a first-time participant, we are honored to be included among such a noteworthy group of predominantly large international companies with broad market penetration,” said David Schiffer, President & CEO of Safe Banking Systems. “Being ranked on the IDC FinTech Top 100 reflects the growing influence of SBS and the strength of our enterprise-wide AML and compliance offerings across client institutions.”

“A position on the IDC FinTech Rankings is a significant achievement, demonstrating a fintech company’s commitment to the success of their financial institution clients,” stated Karen Massey, senior analyst at IDC Financial Insights. “The IDC FinTech Rankings, now in its 14th year, is the global industry standard who’s who of financial services technology providers, and we congratulate the 2017 winners.”

Winners of the IDC FinTech Rankings and Real Results were announced on September 11th at an invitation-only event at the Finovate Fall conference in New York.

Editor’s Notes

About Safe Banking Systems

Safe Banking Systems provides innovative anti-money laundering and compliance solutions that enable institutions to identify, assess and manage risk across the enterprise. By reaching across business silos, SBS combats financial crime and finds the bad guys that other systems miss. SBS’ AML solutions solve key Know Your Customer, Customer Due Diligence and Enhanced Due Diligence issues. The patented risk ranking methodology and probability scoring in SAFE Advanced Solutions Visual Intelligence Platform® builds on SBS’ award-winning technology to bring greater intelligence for entity resolution to clients worldwide. For more information, visit www.safe-banking.com.

About IDC

IDC is the premier global provider of marketing intelligence, advisory services and events for the information technology, telecommunications and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional and local expertise on technology and industry opportunities and trends in over 110 countries. www.idc.com

Contact: Carol Stabile, CAMS
Chief Sales & Marketing Officer
Safe Banking Systems
(631) 547-5400
carol.stabile@safe-banking.com