The 23rd annual Banking Tech Awards ceremony took place last week on 1 December at the fabulous Royal Lancaster Hotel in London.
It was a great success with nearly 500 guests joining us for an incredible night of celebration, entertainment from our circus and live band, and an inspirational speech by our host Ann Daniels.
Below are this year’s winners and highly commended. Congratulations to all of our finalists!
BANKING TECH PROJECT AWARD CATEGORIES:
Best Tech Overhaul
Winner:
Highly Commended:
- HSBC – DIGS (Digital Infrastructure Global Services)
Best Tech Overhaul – Changing the Engine
Winner:
- BNP Paribas – CIB Global Markets IT – EMDEN
Highly Commended:
- J.P. Morgan – Project Freedom/TRIumph
Best Use of IT in Corporate Banking
Winner:
- ICICI Bank – ICICI Bank and Infosys Finacle
Best Use of IT in Corporate Banking
Winner:
- Lloyds Banking Group – Core Platforms & Customer Service Transformation – Credit Card Transformation
Highly Commended:
- Westpac – Westpac BaaS and 10x Banking Technology
Best Use of IT in Private Banking/Wealth Management
Winner:
- Morgan Stanley – Data Transformation Gateway – SparkETL
Highly Commended:
- VP Bank in partnership with GFT – Tokenisation Platform for VP Bank
- DBS Bank – Reimagine DBS Treasures Sales & Service Experience
Best Use of IT in Treasury and Capital Markets
Winner:
- J.P. Morgan – Active Inventory Management (AIM) Cash Optimization
Highly Commended:
- BPI – App BPI Broker – Revolutionising On-line Stock Market Access
Best Use of IT for Lending
Winner:
- J.P. Morgan – Pre-approved Lending Offers
Highly Commended:
- QuickFi by Innovation Finance USA – QuickFi
Best Use of IT for Lending – Mortgage
Winner:
Best Use of IT for SME Lending
Winner:
- Oxbury Bank Plc – Oxbury Farm Credit
Best Use of IT for Consumer Lending
Winner:
- Creditstar Group AS – Creditstar Group AS
Best Digital Initiative
Winner:
- Bank of Georgia – SuperApp
Highly Commended:
- Union Bank of India – Union Bank of India and Infosys Finacle
- BNP Paribas – CIB Global Markets IT – NOVA
Best Digital Initiative – Lending
Winner:
Best Digital Initiative – New Bank/Brand Launch
Winner:
- BTG Pactual – BTG Pactual Banking – New Retail Bank
Best Digital Initiative USA
Winner:
- Bank of America – Life Plan
Best Mobile Initiative
Winner:
- Novobanco – Novobanco Mobile App – Not an App But a Million
Best Mobile Initiative – Investment & Trading
Winner:
- BPI – App BPI Broker – Revolutionising on-line Stock Market Access
Highly Commended:
Best Mobile Initiative – New Bank/Brand
Winner:
- Mox with GFT and Thought Machine – Mox Bank
Highly Commended:
- Aion Bank and Efigence – Aion Bank
Best Mobile Initiative – Payments
Winner:
- Kivra & Tink – Kivra & Tink partnership
Highly Commended:
- Payit by NatWest – Payit by NatWest
Best Use of AI
Winner:
- HSBC – HSBC DRA (Dynamic Risk Assessment)
Highly Commended:
- Oportun – Oportun Digital Banking Platform
Best Use of AI – Intelligent Assistant
Winner:
- Caixa Geral de Depósitos – Caixa Digital Assistant
Best Use of Data
Winner:
Highly Commended:
- Siam Commercial Bank – Siam Commercial Bank
- Morgan Stanley – Morgan Stanley Data Driven Risk Assessment (Technology Change Management)
Best Use of RegTech
Winner:
- J.P. Morgan – Compliance Hard News Extract
Highly Commended:
- Morgan Stanley – REACTOR – Surveillance Tuning and Optimization for Transaction Monitoring
Best Use of Fraud Protection Technology
Winner:
- HSBC – HSBCnet – Preventing APP Scams
Best Use of Cloud
Winner:
- HSBC – HSBC DRA (Dynamic Risk Assessment)
Highly Commended:
- Monument Bank Limited – Monument Bank Cloud Platform
- Canadian Imperial Bank of Commerce (CIBC) with Red Hat – CIBC Hybrid Cloud Strategy Leveraging Red Hat OpenShift
Best Use of Cloud – USA
Winner:
- Morgan Stanley – Morgan Stanley’s Hybrid Cloud Swim-lanes
Highly Commended:
- J.P. Morgan – Payments Platform Migration to Private Cloud
FinTech of the Future – Digital Assets/Blockchain
Winner:
- VP Bank in partnership with GFT – Tokenisation Platform for VP Bank
FinTech of the Future – Payments
Winner:
Highly Commended:
- Marqeta – Marqeta
- Banking Circle – Banking Circle
FinTech of the Future – Start-up Bank/ Banking Service
Winner:
Best FinTech Partnership
Winner:
- NatWest & Tink – NatWest and Tink Open Banking Partnership
Highly Commended:
- HyperJar and Modulr – HyperJar and Modulr: The Payments Partnership Delivering a ‘Save Now, Pay Later’ Movement
- TerraPay and Network International – TerraPay and Network International
Best UX/CX in Finance Initiative
Winner:
- Commonwealth Bank of Australia’s Kit – Kit
Highly Commended:
- CTBC Bank – Open ATM
- Bank of Georgia – Design System
Best Green Initiative
Winner:
- DBS Bank – A Better World, Together – with LiveBetter
Highly Commended:
- DBS Bank – DBS Newton Green (DNG)
Best Contribution to Economic Mobility in Banking/Finance
Winner:
- The Mifos Initiative – Mifos Payment Hub EE
Highly Commended:
- Mcash Uganda Ltd – Mcash-MAAIF project
Best Contribution to Economic Mobility in Banking/Finance for SMEs
Winner:
- Standard Bank Group – Trader Direct
Best Contribution to Economic Mobility in Banking/Finance for the Next Generation
Winner:
- MPOWER Financing – ReFi & MPOWER Student Loans
Best Contribution to Economic Mobility in Banking/Finance UK
Winner:
- OneBanks Hub – OneBanks Hub
FinTech for Good by Financial Institutions
Winner:
- Standard Bank Group – OneFarm Share
COVID-19 Response by Financial Institutions
Winner:
- Banco Provincia – Cuenta DNI: A Turning Point In Banco Provincia’s History
Highly Commended:
- Hello Alice – Hello Alice Business For All Initiative
Best Embedded Finance Initiative
Winner:
- KLINE – KLINE and Infosys Finacle
Highly Commended:
- Standard Bank Group – Trader Direct
- CTBC Bank – Innovative Social Commerce Business Suite
EXCELLENCE IN TECH CATEGORIES:
Best Core Banking Solution Provider
Winner:
- Temenos – Temenos Open Platform for Composable Banking
Best Digital Solution Provider – Banking Tech
Winner:
- Temenos – Temenos Open Platform for Composable Banking
Best Digital Solution Provider – Banking Tech
Winner:
- Infosys Finacle – Infosys Finacle
Highly Commended:
- Moxo – The OneStop Client Interaction Platform
- LeapXpert – LeapXpert
Best Digital Solution Provider – LendTech
Winner:
- Acre Platforms Limited – Acre
Highly Commended:
- Intellect Design Arena – iKredit360, Intellect Design Arena
Best Digital Solution Provider – PayTech
Winner:
- DailyPay – DailyPay Pay Balance
Highly Commended:
- BlueSnap – BlueSnap
- Airbase – Airbase Spend Management Platform
Best Banking Tech Provider
Winner:
- Pega – NatWest Holmes Team
Highly Commended:
- Brim Financial – Laurentian Bank VISA card program re-platform
Best Smart Banking Tech Solution – Fighting Financial Crime and Fraud
Winner:
Highly Commended:
- Onfido – Onfido Real Identity Platform
- Symphony AyasdiAI – SensaAML
Best Smart Banking Tech Solution – AI-Driven Data Insights
Winner:
- SmartStream – Innovations Lab
Highly Commended:
- Mirato – Third Party Risk Management Intelligence
Best Smart Banking Tech Solution – Innovation
Winner:
Highly Commended:
- Keyless Technologies – Privacy-Preserving Biometric Authentication
- EY – EY Nexus for Banking
Best Open Banking Solution UK
Winner:
- Yapily and Emma – Improving Financial Wellbeing Through the Power of Open Banking
Highly Commended:
- Payit by NatWest – Payit by NatWest
Best Open Banking Solution Europe
Winner:
- TrueLayer – Open Banking Payments
Highly Commended:
- Token – Open Banking Enabler for the Payments Industry
Best Open Banking Solution – International
Winner:
- Torry Harris Integration Solutions – Torry Harris Concierge Bank
COVID-19 Response by Technology Services & Software Providers
Winner:
- Rapid Finance – SBA Econiomic Injury Disaster Loan (EIDL) Program
LEADERSHIP AWARD CATEGORIES:
Women in Technology (W.I.T.) – Banking, Finance & Payments
Winner:
- Olga Filipenko, ex Executive Director & Chief Digital Officer, Alfa-Bank Ukraine
Highly Commended:
- Edith Gasana Kutesa, CEO, Mcash Uganda Ltd
- Anabel Perez, CEO and Co-founder, NovoPayment
Women in Technology (W.I.T.) – Tech/Service Provider
Winner:
- Daniela Binatti, Co-Founder and CTO, Pismo
Highly Commended:
- Prema Varadhan, Chief Product and Technology Officer, Temenos
- Leor Distenfeld, Chief Revenue Officer, OpenFin
- Luvleen Sidhu, CEO and Founder, BM Technologies (BMTX)
Tech Leadership – Banking, Finance & Payments
Winner:
- Jimmy Ng, Group Chief Information Officer, Head, Group Technology & Operations, DBS Bank
Highly Commended:
Tech Leadership – Tech/Service Provider
Winner:
- Ajay Bhalla, President of Cyber & Intelligence, Mastercard
Highly Commended:
- Eric Litz, Chief Technology Officer, Delta Data
Rising FinTech Star
Winner:
- Keshvi Radia, Head of Product, Allica Bank
Highly Commended:
- Adwait Joshi, CEO/ChiefSeer, DataSeers
Top Tech Team UK – Bank/Financial Institution
Winner:
- Allica Bank – Payments Team
Top Tech Team – Bank/Financial Institution
Winner:
- Bank of Montreal (BMO) – InnoV8 Program Team
Highly Commended:
- Barclays – TPR Tech Go live, Barclays Trade & Working Capital Team
- J.P. Morgan – Portfolio Analysis, Performance & Client Reporting Team
Top Tech Team – Tech/Service Provider
Winner:
- Form3 – Form3’s Engineering Team
Highly Commended:
- NdcTech – NdcTech’s Team for Telenor Microfinance Bank Project
Diversity & Inclusion Excellence
Winner:
- JPMorgan – takeITforward Operation Storm Shelter
Highly Commended:
- Paysafe – Paysafe D&I Pillar
Editor’s Choice
Winner:
The Banking Tech Awards are brought to you by FinTech Futures.
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