Innovation Awards 2020

Here’s to the coolest in FinTech!

Thanks for making the 2nd IBS Intelligence Global FinTech Innovation Awards a great success!

2020 brought to the fore the absolute need for digitalization across all industries and especially in Financial Services. The multitude of challenges exacerbated by the global pandemic has forced Financial Services firms to innovate at a speed never seen before. Financial services firms along with banking technology and FinTech companies have heroically risen to the occasion and dramatically transformed the industry.

As a recognition of this transformation, the second edition of the IBS Intelligence Global FinTech Innovation Awards recognized and celebrated the best in FinTech!

The first edition of the Innovation Awards was a truly global celebration of the coolest in FinTech, with 26 winners across 150 participants along with 47 banks, in 14 categories, representing 24 countries.

In 2020, we received 220 submissions across 52 countries with 122 banks participating for the 30 categories listed below.

The IBSI Innovation Awards 2020 identifies and honours technology players and banks for their excellence in driving impact through banking technology implementations and innovations using emerging technologies.

Award Categories

Best Banking Technology Implementation Awards

(Recognizing excellence in implementation of banking technology areas)

1. Best Core Banking Implementation
2. Best CRM System Implementation
3. Best Digital Channel/Platform Implementation
4. Best Digital Lending Implementation
5. Best Retail Payments System Implementation
6. Best Payment Hub/Wholesale Payments Implementation
7. Best Wealth Management & Private Banking Implementation
8. Best Treasury Implementation
9. Best Trade Finance Implementation
10. Best Transaction Banking Implementation
11. Best Risk Management Implementation
12. Best Investment & Fund Management Implementation
13. Best Islamic Banking Implementation
14. Best Quality Assurance/Quality Engineering Execution
15. Most Effective Digitization / Paperless Initiative

Best FinTech Innovation Awards


(Recognizing innovative use of emerging technology in banking)

1. Most Innovative Digital Onboarding rollout
2. Most Innovative Use of AI /ML
3. Most Innovative API / Open Banking Model
4. Most Innovative Data Services/Data Warehouse Project
5. Most Innovative use of Blockchain in Banking
6. Most Innovative use of Process Automation
7. Most Innovative Analytics Deployment
8. Most Innovative Cloud Deployment
9. Most Innovative Digital Wallets Deployment
10. Most Innovative Customer Loyalty Initiative
11. Most Innovative Insurtech Implementation
12. Most Effective Compliance / RegTech Deployment
13. Most Effective Cybersecurity Deployment
14. Most Effective DevOps Execution
15. Most Effective Bank-FinTech Partnership

Winning Suppliers | 2020

Winning Banks/ FI | 2020

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