IBS Intelligence Global FinTech Innovation Awards 2020 announced!

The coolest in FinTech – revealed!

Awards were presented to tech companies, banks and financial services providers from around the world at the 2nd Global FinTech Innovation Awards.

London: IBS Intelligence (IBSI), the leading global FinTech news, research and advisory firm, hosted the awards ceremony for the 2nd Global FinTech Innovation Awards in an exclusive online event on 11 December 2020.

2020 was a year like no other – COVID-19 brought myriad problems and uncertainties, but it also served to turbocharge the take-up and adoption of tech solutions in the banking and financial services sector – the FinTech Revolution 2.0 – with almost 10 years worth of development, penetration and consumer acceptance settling in place in just as many months.

Now in its second year, IBSI’s Global FinTech Innovation Awards were created to honour and promote excellence and success in the implementation of BankTech and FinTech solutions. Indeed, the growing importance of the industry is also reflected in the BankTech and FinTech sector’s burgeoning interest in the awards, with the number of entries reaching 220, up from 150 in the previous year, coming from 52 countries around the world (24 last year) with a total of 122 banks participating (47 last year).

Sanjiv Anand, Chairman, IBS Intelligence, said, “In 2020, globally, across industry sectors, and clearly the Financial Services and Banks sector has seen a high degree of digitization and digital transformation. Not only with the retail banks, but also corporate banks. Even though this is just the second year of our Awards, the number of submissions went up significantly. Congratulations to all the winners. Season’s greetings! May 2021 be a successful year.”

This year, the awards were, once again, split into two main sections: Best BankTech Implementation; and Best FinTech Innovation. Within each section, there were 15 award categories. The entries were assessed on the basis of a number of factors such as Program Complexity, Program Governance, Best Practices & Tools Adopted, Originality & Simplicity, Adaptability of the concept, Innovation Excellence and Customer Impact before coming up with the coolest in FinTech!

With the coming of the FinTech Revolution 2.0, IBSI believes the awards programme is more timely than ever in its recognition of the leaders in this new arena. 

About IBS Intelligence

Established in 1991, UK headquartered IBS Intelligence is the world’s most trusted source of Financial Technology News, Research & Advisory Services. IBSI’s Sales League Table is considered the global industry barometer ranking leading banking technology suppliers. It’s research reports comprehensively cover global suppliers across all Banking Technology & FinTech systems, is also distributed by Thomson Reuters, Bloomberg and S&P Capital IQ. Its Innovation Lab at Dubai brings banks and suppliers together with an opportunity to access the Middle East opportunity and to test & experience global FinTech products within the region.

The group company, Cedar is a global management consulting firm with deep expertise in formulating & executing business strategy for financial services clients worldwide with a significant focus on leading their technology and digital transformation.

For further information, please visit https://ibsintelligence.com/

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