Congratulations to this year’s Banking Tech Awards winners!
The 22nd annual Banking Tech Awards ceremony took place on 24 November at the Royal Lancaster Hotel in London and was a great success, with nearly 300 guests joining us for an incredible night of celebration and entertainment hosted by comedian Suzi Ruffell.
33 winners and 53 highly commended entries were announced this year across categories including Best Tech Overhaul, Best Use of AI, Best Use of Cloud plus many more!
Take a look at this year’s winners below:
Best Tech Overhaul
Winner:
- DBS Bank – DBS’ Hybrid, Multi Cloud Adoption
Highly Commended:
- JP Morgan Chase – Praesto
- Morgan Stanley – FAST – Framework Automated Software Testing – Cloud-enabled Automation, Service and Data Virtualization
Best Use of IT in Retail Banking
Winner:
- Lloyds Banking Group in partnership with Publicis Sapient – Continuous Payment Authority (CPA) Cancellation – Open Banking Engagement Lab
Highly Commended:
- Paytm Payments Bank Limited – Digital Payments & Banking
- Minna Bank, Ltd. – Establishment of Japan’s first digital bank, Minna Bank
Best Use of IT in Corporate Banking
Winner:
- SberBank – POS loans for B2B
Highly Commended:
- DBS Bank – DBS Joy Chatbot
- US Bank – AP Optimiser
Best Use of IT in Private Banking/Wealth Management
Winner:
- Banco BPI – My Planning
Highly Commended:
- Bank of America – Merrill Digital Wealth Overview (DWO)
Best Use of IT in Treasury and Capital Markets
Winner:
- Sovcombank and Diasoft – Transformation of the financial markets business of Sovcombank, based on the modern composable Digital Q Platform by Diasoft
Highly Commended:
- SberCIB/Sberbank – eFX Trading Platform
Best Use of IT for Lending
Winner:
- JP Morgan Chase – Chase MyHome
Highly Commended:
- QuickFi by Innovation Finance USA LLC – The QuickFi Platform
- VTB – Retail loan pipeline
- Mambu – Recognise Bespoke SME lending
Best Digital Initiative
Winner:
- Comviva Technologies Ltd. – MOVii, Colombia
Highly Commended:
- Mettle – Mettle FreeAgent Integration
- Bank of America – Bank of America Mobile Banking App
Best Mobile Initiative
Winner:
- MuchBetter – The MuchBetter e-wallet and app
Highly Commended:
- HSBC – HSBC Kinetic
- DBS Bank – DBS Digibank Singapore
Best Use of AI
Winner:
Highly Commended:
- Standard Bank Group – Gina
- Tinkoff – AI Banking
Best Use of Data
Winner:
- VTB Bank – Intelligent routing program
Highly Commended:
- Bank of Montreal – Introducing Continuous Product Design with Quantum Metric
- Permanent TSB in partnership with Experian
Best Use of RegTech
Winner:
- Morgan Stanley – Fundamental Review of the Trading Book (FRTB)
Highly Commended:
- J.P. Morgan – AM Trade Surveillance
Best Use of Fraud Protection Technology
Winner:
- Morgan Stanley – Innovations Powering Our Cybersecurity Advancements
Highly Commended:
Best Use of Biometrics
Winner:
- JP Morgan Chase – Voice in IVR
Best Use of Cloud
Winner:
- Goldman Sachs Bank USA – Goldman Sachs Transaction Banking
Highly Commended:
- Minna Bank Ltd – Next-generation Banking System for Digital Natives
FinTech of the Future
Winner:
- NayaOne (formerly Fintech Sandpit Ltd) – Fintech-as-a-Service
Highly Commended:
- Nexo – The Nexo Platform
- Bond Financial Financial Technologies Inc. – Bond embedded finance platform
Best FinTech Partnership
Winner:
- Goldman Sachs and FINOS – Legend
Highly Commended:
- Barclays – The Female Innovators Lab
- Santander UK PLC, Tomato Pay, Untied – CashFlow Manager
Best UX/CX in Finance Initiative
Winner:
- Novo Banco – NB Smarter
Highly Commended:
- TD – MyTD AI-Powered Personalization Platform
- au Jibun Bank Corporation – Forex trading tailored for investment beginners
Best Green Initiative
Winner:
Highly Commended:
- Natwest Group – Carbon Tracking and Planning Platform
Best Contribution to Economic Mobility in Banking/Finance
Winner:
- The Mifos Initiative – Mifos X
Highly Commended:
- Comviva Technologies Ltd. – MOVii, Colombia
- Robocash Group – UnaPay
FinTech for Good
Winner:
- Sustainably – A new way of living and giving
Highly Commended:
- Affirm, Inc. – Affirm Cares Employee Foundation
COVID-19 Response by Financial Institutions
Winner:
- Standard Bank Group – OneFarm
Highly Commended:
- BlueVine – Payment Protection Program
- DBS Bank – DBS Digibank Singapore
Best Embedded Finance Initiative
Winner:
- Paceline – Paceline Rewards Platform
Highly Commended:
- Solarisbank AG – Samsung Pay
Woman in Technology (W.I.T.)
Winner:
Highly Commended:
- Vanessa Colella, Citi Ventures
- Margaret J. Hartigan, Marstone
Tech Leadership
Winner:
- Global Processing Services (GPS) – Joanne Dewar
Highly Commended:
- Marqeta – Jason Gardner
- J.P. Morgan – Vrinda Menon
Rising FinTech Star
Winner:
- ACI Worldwide – Patricia Rojas
Highly Commended:
- Fondy – Valeria Vahorovska
Tech Team of the Year
Winner:
- Natwest Group – Future Solutions and Automation Team
Highly Commended:
- J.P. Morgan – AWM Production and Infrastructure Reliability Engineering
- Morgan Stanley – Kranthi Darapu
Diversity & Inclusion Excellence
Winner:
- JP Morgan Chase & Co – Autism at Work Programme
Highly Commended:
- J.P. Morgan – Olu Howard
Best Core Banking Solution Provider
Winner:
- Temenos – Temenos Transact / The Temenos Banking Cloud
Highly Commended:
- Marqeta – Marqeta’s modern card issuing platform
- Mambu – Mambu Core Banking Platform
Best Digital Banking Solution Provider
Winner:
- Dreams AB – Dreams Engagement Platform
Highly Commended:
- Trade Ledger – Trade Ledger platform
- Global Processing Services (GPS) – GPS Apex
Best Smart Banking Tech Solution
Winner:
- ABAKA – The Next Best Action
Highly Commended:
- PerimeterX – PerimeterX Platform
- Mosaic Smart Data
Best Open Banking Solution
Winner:
Highly Commended:
- Experian – Experian Boost
- Digital Identity Net – OneID
COVID-19 Response by Fintechs
Winner:
- Cinchy – Concentra Bank & Cinchy: Best Core Banking Solution Provider for Covid-19 Rapid Response
Highly Commended:
- Temenos – Banking Technology for Rapid Crisis Response
- Abrigo – Abrigo SBA Solution for Paycheck Protection Program
Editor’s Choice Award
Winner:
For more information on the Banking Tech Awards, visit our website here.
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