5 Most Innovative Companies in Finance

In this article, we will take a look at the most innovative companies in finance. If you want to explore similar companies, go directly to 15 Most Innovative Companies in Finance.

5. DBS Group Holdings Ltd. (SGX:D05)

Stock Returns: 92.69%

Founded in 1968, DBS Group Holdings Ltd. (SGX:D05) is a Singapore-based bank. DBS has been vital to the economic growth of Singapore through its various offerings. In 2009, DBS Group Holdings Ltd. (SGX:D05) pioneered the Social Enterprise Banking Package to support social entrepreneurship and new businesses. Moreover, the bank has been embedding digital banking operations through intelligent banking, open banking, augmented banking, and automation banking. DBS Group Holdings Ltd. (SGX:D05) ranks fifth on our list of the most innovative companies in finance.

4. American Express Company (NYSE:AXP)

Stock Returns: 118.95%

American Express Company (NYSE:AXP) is one of the oldest U.S. companies serving in the finance sector. American Express began as a freight forwarding company in 1850. In the early 20th century, American Express Company (NYSE:AXP) launched new financial products. In the 1950s, the company released a charge card which offered customers a new and convenient way of payment. Ranked fourth on our list, American Express Company (NYSE:AXP) is one of the most innovative companies in finance.

3. JPMorgan Chase & Co. (NYSE:JPM)

Stock Returns: 181.66%

Today’s JPMorgan Chase & Co. (NYSE:JPM) was formed when Chase Manhattan merged with JPMorgan & Co. The history of the company dates back to 1799. JPMorgan Chase & Co. (NYSE:JPM) has innovations in finance and has a big role to play in the growth of the U.S. financial segment. During World War I, J.P. Morgan & Co. arranged the largest foreign loan in the history of Wall Street, a $500 million bond to support the French and English governments. The U.S. bank is investing heavily in modern technology. It is one of the first major banks to adopt AI-powered virtual assistants to support corporate clients with global payments. JPMorgan Chase & Co. (NYSE:JPM) is one of the leading and most innovative companies in finance.

2. Fidelity National Financial Inc. (NYSE:FNF)

Stock Returns: 191.66%

Fidelity National Financial Inc. (NYSE:FNF) is one of the top financial companies listed in the Fortune 500. Founded in 1847, Fidelity National Financial Inc. (NYSE:FNF) has been vital in innovating title insurance and transaction services in the real estate and mortgage industries. Fidelity National Financial Inc. (NYSE:FNF) is placed second on our list of the most innovative companies in finance.

1. Fair Isaac Corp. (NYSE:FICO)

Stock Returns: 1,536.29%

The data analytics firm, Fair Isaac Corp. (NYSE:FICO) was founded in 1956. The company has a wide range of software and data analytics offerings. Fair Isaac Corp. (NYSE:FICO) is well-known for its credit scoring and services to banks, credit card companies, and other financial institutions. Fair Isaac Corp. (NYSE:FICO) has really changed the way of risk assessment through its credit scoring and makes it to our list of the most innovative companies in finance.

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