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Third-Party Banking Software Market to Grow by USD 10.56 Billion (2025-2029), Digital Payment Solutions Boost Growth, AI Impact on Market Trends – Technavio

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NEW YORK, Jan. 2, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global third-party banking software market size is estimated to grow by USD 10.56 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  6.6%  during the forecast period. Growing use of digital payment solutions is driving market growth, with a trend towards incorporation of analytics into third-party banking software. However, issues related to data privacy and security  poses a challenge. Key market players include American Express Co., Bank of America Corp., Capgemini Services SAS, Capital Banking Solutions, Fidelity National Information Services Inc., Finastra, Fiserv Inc., HCL Technologies Ltd., Infosys Ltd., Intellect Design Arena Ltd., JPMorgan Chase and Co., Mambu BV, Nucleus Software Exports Ltd., Oracle Corp, Q2 Holdings Inc., SAP SE, Sopra Steria Group SA, Tata Consultancy Services Ltd., Temenos AG, The Goldman Sachs Group Inc., Wipro Ltd., and ZKAPITOL Technologies Ltd.,Microsoft Corporation; International Business Machines (IBM) Corporation; Oracle Corporation, Accenture plc; FIS. Inc.

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Third-Party Banking Software Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 6.6%

Market growth 2025-2029

USD 10555.1 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.2

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 29%

Key countries

US, China, UK, Germany, Canada, India, South Korea, Japan, France, Italy, Brazil.

Key companies profiled

American Express Co., Bank of America Corp., Capgemini Services SAS, Capital Banking Solutions, Fidelity National Information Services Inc., Finastra, Fiserv Inc., HCL Technologies Ltd., Infosys Ltd., Intellect Design Arena Ltd., JPMorgan Chase and Co., Mambu BV, Nucleus Software Exports Ltd., Oracle Corp, Q2 Holdings Inc., SAP SE, Sopra Steria Group SA, Tata Consultancy Services Ltd., Temenos AG, The Goldman Sachs Group Inc., Wipro Ltd., and ZKAPITOL Technologies Ltd., Microsoft Corporation; International Business Machines (IBM) Corporation; Oracle Corporation, Accenture plc; FIS. Inc.

Market Driver

The banking industry is witnessing a shift in customer behavior, with an increasing preference for mobile devices and digital technologies to access banking services. This trend has resulted in a significant expansion of customer data for enterprises. To effectively utilize this data, third-party banking software with analytics is gaining popularity. These solutions offer benefits such as improved decision-making, risk reduction, enhanced customer insights, and performance optimization. Integration with CRM and other systems streamlines operations and enables smarter choices. Companies like Temenos AG provide analytics solutions with their retail banking software, featuring KPIs, pre-built models, applications, dashboards, reports, predictive analytics, and real-time data. This trend is expected to boost the demand for third-party banking software in the forecast period. 

The third-party banking software market is experiencing significant growth due to increasing demand for digital solutions. Cloud-based banking systems are trending, offering flexibility and accessibility. Components such as core banking, computes, and infotronic systems are essential for these solutions. Advanced features like real-time processing, security, and integration with other financial systems are key considerations. Banking institutions are adopting these solutions to streamline operations and enhance customer experience. The market is competitive with players offering customizable and cost-effective solutions. The future of banking is digital, and third-party software providers are at the forefront of this transformation. 

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 Market Challenges

The third-party banking software market faces challenges due to data privacy and security risks. Big Data and AI increase the vulnerability of enterprise data in IT infrastructure, particularly in cloud environments. Financial institutions are wary of potential misuse of customer information, leading to hesitance in adopting third-party software. This skepticism hinders market growth. Data security and privacy are paramount to prevent fraud and protect intellectual property.The third-party banking software market faces several challenges. One significant challenge is ensuring security and compliance with regulations, particularly in areas like customer identification and transaction tracking. Another challenge is keeping up with the latest technology trends, such as cloud computing and artificial intelligence, to offer innovative features and improve user experience. Additionally, integrating with various banking systems and ensuring seamless data transfer can be complex. Lastly, providing 24/7 customer support and handling queries efficiently is crucial to retain customers and maintain a good reputation.

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Segment Overview 

This third-party banking software market report extensively covers market segmentation by  

Type 1.1 Core banking software1.2 Omnichannel banking software1.3 Business intelligence software1.4 Wealth management softwareDeployment 2.1 On-premises2.2 CloudGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and AfricaApplicationEnd-use

1.1 Core banking software- The global third-party banking software market’s core banking segment is projected to expand due to retail banking’s growth. Government initiatives promoting bank account opening in countries like India boost retail banking, increasing the demand for core banking software among enterprises. Vendors, such as Temenos AG and Fidelity National Information Services Inc., respond by offering advanced systems. These solutions enable efficient application processing, reduce errors, and provide omnichannel access, catering to banking enterprises’ digital transformation needs.

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Research Analysis

The Third-Party Banking Software Market in the BFSI industry is experiencing significant growth due to the adoption of digital technology and cloud-computing services. This market includes software solutions for core banking systems, operational efficiency, risk management, wealth management, and business intelligence. These advanced analytical tools enable financial transaction tracking, bookkeeping, and omnichannel banking. Cloud computing, with its benefits of cost savings and scalability, is a major driver for the market. Big data analytics and encryption are essential components of these systems, ensuring information security and contributing to economic growth. Traditional methods are being replaced by computerized methods to enhance efficiency and productivity in commercial and retail banks.

Market Research Overview

The Third-party Banking Software Market refers to the industry that provides financial institutions with software solutions to manage their operations efficiently. These solutions include core banking systems, payment processing systems, treasury management systems, and customer relationship management systems. The market is driven by the increasing demand for digital transformation in the banking sector and the need for cost-effective and efficient solutions. The software enables banks to offer innovative services, improve customer experience, and comply with regulatory requirements. The market is expected to grow significantly due to the rising adoption of cloud-based solutions and the integration of artificial intelligence and machine learning technologies. The solutions offer features such as real-time transaction processing, advanced security, and seamless integration with other systems.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeCore Banking SoftwareOmnichannel Banking SoftwareBusiness Intelligence SoftwareWealth Management SoftwareDeploymentOn-premisesCloudGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Epson to Showcase Collaborative 6-Axis Robot and Integrated Automation Solutions at The ASSEMBLY Show 2026

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AX6 Cobot and Live Demonstrations Highlight Epson’s Expanding Automation Portfolio

LOS ALAMITOS, Calif., Oct. 21, 2026 /PRNewswire/ — Epson Robots, the #1 SCARA robot manufacturer in the world, will showcase its expanding automation portfolio, including its first collaborative robot, the AX6, at The ASSEMBLY Show 2026, taking place in Rosemont, Illinois from Oct. 27-29, 2026, in booth #331.

Epson to Showcase AX6 Cobot and Integrated Automation Solutions with Live Demos at The ASSEMBLY Show 2026

“Every automation application has different safety requirements, and there is no one-size-fits-all approach,” said Scott Marsic, group product manager, Epson Robots. “With the AX6 and SafeSenseTM technology, Epson is giving manufacturers more options to select the right solution for their requirements. At The ASSEMBLY Show, we look forward to demonstrating how these offerings complement our broader robotics portfolio and help manufacturers address a wide range of automation needs.”

With Epson’s latest automation technologies, attendees can experience live demonstrations showcasing integrated robotics, vision, and feeding solutions. The live applications will highlight practical, cost-effective solutions for real-world production environments. An educational speaking session will also focus on selecting the right automation approach for each application. Epson highlights at The ASSEMBLY Show 2026 will include:

Speaking Engagement”Automation Isn’t the Answer. Choosing the Right Automation Is.” – Marsic will outline a practical framework for choosing the right automation strategy, from evaluating opportunities and avoiding application creep to balancing critical design considerations such as safety, robot geometry, workcell design and flexibility. The session will focus on solving the right business problem to create automation systems that are easier to implement, scale and maintain while delivering stronger productivity, reliability and long-term ROI. The session will take place Wednesday, October 28 from 2 – 2:30 p.m. at the Learning Theater.AX6 Collaborative 6-Axis Robot – See Epson’s first collaborative robot in action, featuring a lightweight, compact footprint and intuitive no-code software designed to simplify programming and deployment. Power- and force-limiting capabilities and flexible end-of-arm options support collaborative applications where space, ease of use and fast redeployment are priorities.SafeSense Interactive Demo – Experience a hands-on demonstration of Epson’s SafeSense technology, which uses sensors to detect when a person enters the robot’s workspace, supporting safe human-robot interaction while maintaining high-performance automation.IntelliFlexTM Feeding System – See live demonstrations featuring Epson’s latest SCARA and 6-Axis robots integrated with IntelliFlex Feeding Systems for automated part handling and assembly applications.Epson RC+® Development Software – Explore Epson’s PC-based environment with intuitive GUI Builder for custom interfaces along with integrated vision and IntelliFlex capabilities. Developed and supported by Epson, the software is designed to simplify automation development and deployment.

The ASSEMBLY Show 2026 will take place on Oct. 27 from 4 p.m. to 7 p.m. CDT, Oct. 28 from 10 a.m. to 5 p.m. CDT and Oct. 29 from 9 a.m. to 2 p.m. CDT at the Donald E. Stephens Convention Center in Rosemont, Illinois. To learn more about Epson robot solutions at the show, stop by booth #331 or visit www.epsonrobots.com to contact a robot expert.

About Epson Robots

Epson Robots is a global leader in PC-controlled precision factory automation, with well over 250,000 units sold worldwide1 and a product line of hundreds of models of easy-to-use SCARA and 6-Axis robots based on a common PC-based platform. Building on four decades of experience, Epson Robots delivers robots for precision assembly and material handling applications in the aerospace, appliance, automotive, biotechnology, consumer product, electronics, food processing, medical device, pharmaceutical, plastics, semiconductor, and telecommunication industries. For more information, visit www.epsonrobots.com.

About Epson

Epson is a technology innovation and engineering company whose philosophy of efficient, compact and precise innovation enriches lives and helps create a better world. The company uses technology and engineering ability to implement real-world solutions in precision innovation, industrial and robotics, office and home printing, and visual and lifestyle.

Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of more than JPY 1.4 trillion. corporate.epson/en/

Epson America, Inc., based in Los Alamitos, Calif., is Epson’s regional headquarters for the U.S., Canada and Latin America. To learn more about Epson, please visit: epson.com. You may also connect with Epson America on Facebook (facebook.com/Epson), X (x.com/EpsonAmerica), YouTube (youtube.com/epsonamerica) and Instagram (instagram.com/EpsonAmerica).

1 Epson internal sales data through April 2026.

EPSON and Epson RC+ are registered trademarks of Seiko Epson Corporation. SafeSense and IntelliFlex are trademarks of Epson America, Inc. All other product and brand names are trademarks and/or registered trademarks of their respective companies. Epson disclaims any and all rights in these marks. Copyright 2026 Epson America, Inc.

 

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SOURCE Epson America, Inc.

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Limber Health Launches Recovery Forecast, the First-Ever Predicted Outcomes Solution for Rehab Therapy

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Built on the largest risk-adjusted patient outcomes database in rehab therapy, Limber’s Recovery Forecast replaces traditional single point-in-time forecasts or MCID comparisons with a 90-day outlook

PITTSBURGH, Oct. 21, 2026 /PRNewswire/ — Limber Health, a Net Health company, today announced Recovery Forecast, the first-ever predicted outcomes trajectory solution for rehab therapy. Built into the Limber outcomes platform, Recovery Forecast maps each patient’s expected path throughout care by comparing them with millions of completed assessments and applying robust risk adjustment. Available to clients this fall, this new clinical capability covers the primary MSK regions of injury.

“Current solutions show a point-in-time measurement, but rarely provide context or insight into the score,” said Nirav Modi, president of Limber Health. “Recovery Forecast shows clinicians how a patient is progressing through their plan of care, so they can assess, adjust, and guide them toward the best possible improvement.”

Because Limber Outcomes follows patients from evaluation through the full episode of care, the expected path stays visible between visits. At intake, the feature predicts each patient’s path; then at each reassessment, clinicians compare the actual score with the prediction for real-time context. This gives clinicians an opportunity to adjust the course of care.

“Being able to predict a patient’s outcome trajectory is a game changer,” said Brian Kelly, Vice President of Innovation & Clinical Excellence at Ivy Health. “It transforms outcomes data into real-time clinical intelligence that enhances patient engagement, empowers proactive clinical decision-making, and ensures every patient is positioned for an optimal recovery.”

A newly developed progression indicator, the Predicted Moderate Clinical Improvement (P-MCI), marks where a patient is expected to reach clinically meaningful improvement. P-MCI is already part of commercial payer quality programs. It underpins five functional improvement measures in the CMS proposed rule for the 2027 Physician Fee Schedule, with Limber Health and Patient360 as measure stewards. For more information about Limber Recovery Forecast, click here. 

About Limber Health

Limber Health, a Net Health company, extends in-person musculoskeletal (MSK) care into the home with Remote Therapeutic Monitoring (RTM), Home Exercise Programs (HEP), and Limber Outcomes, which helps practices measure patient progress and predict recovery using the largest risk-adjusted patient outcomes database in rehab therapy. Limber’s solutions are developed by physical therapists and physicians. Learn more at www.limberhealth.com.

About Net Health

For over 30 years, Net Health has gathered specialty knowledge shaped by human expertise and informed by patient outcomes. Today, this depth of knowledge is the foundation for an AI-native specialty platform that delivers intelligence to clinicians across the care continuum, enabling them to be present with patients during the moments that matter. Net Health is a trusted source of specialty solutions for more than 34,000 healthcare organizations, and is a portfolio company of The Carlyle Group, Level Equity, and Silversmith Capital Partners.

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SOURCE Net Health Systems, Inc.

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Asuri.ai Launches Multi-Agent AI Platform for Persistent Business Workflows

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The agentic platform helps nontechnical teams save time, eliminate redundant work and deploy specialized AI agents across more than 1,000 existing applications

IRVINE, Calif., Oct. 21, 2026 /PRNewswire/ — Asuri today announced the launch of its multi-agent enterprise AI platform, designed to help businesses move beyond copilots and deploy persistent AI workflows across complete business processes.

As AI models become more capable, the challenge for businesses is shifting from generating answers to safely giving AI the context, system access and autonomy required to perform real work.

Asuri brings those pieces into one platform.

Nontechnical teams can define a business process, connect the applications involved, assign specialized agents to different responsibilities, and control what each agent can access, recommend or execute. By coordinating work that would otherwise require employees to repeatedly move between systems, gather information and perform routine follow-ups, Asuri helps organizations save time and remove redundant manual work.

“The model itself is becoming less of the bottleneck,” said Artem Bespaloff, CEO and co-founder of Asuri. “The harder problem is coordinating agents across real business systems while giving each one the right context, permissions and level of autonomy.”

Unlike traditional AI assistants that primarily respond to prompts, Asuri is designed around persistent multi-agent workflows.

Asuri combines multi-agent orchestration, workflow logic, persistent context and agent-level permission controls in a single environment, with more than 1,000 integrations connecting agents to the software businesses already use.

This allows companies to automate processes across existing systems instead of replacing their technology stack, reducing repetitive administrative work and freeing employees to focus on higher-value decisions and relationships.

As part of its launch, Asuri is introducing prebuilt customer intelligence workflows that consolidate information from multiple business systems, analyze client activity against company-defined rules, and automatically alert employees to significant developments. By eliminating the need to manually track client activity across different platforms, these workflows reduce the workload on sales and research teams, helping them stay informed, identify opportunities, and focus on higher-value activities.

The same architecture can support workflows across sales, operations, finance, customer success, research and internal compliance.

Businesses can learn more and request access at Asuri.ai.

About Asuri

Asuri is a multi-agent enterprise AI platform, built by Sprouter Technologies, for persistent, governed business workflows. With more than 1,000 integrations, Asuri helps organizations connect specialized AI agents across their existing applications, reduce repetitive work, save employee time and automate processes while maintaining individual permissions, autonomy boundaries and human oversight.

For more information you can contact team@asuri.ai

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SOURCE Sprouter Technologies

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