IFTA opens applications for FinTech Achievement Awards 2020, advocating further advancement in FinTech industry under new norms

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Themed "Embracing FinTech amid New Normal and Accelerating Digitization", the Awards builds on the turbulence impacting on this world as a starting point, identifying the best practices of digitalization in this very extraordinary year for all. The rearranged award categories and judging criteria caters to ever-changing external factors so as to create a fair arena for all.

The Awards focuses on teamworks, ethics, professionalism, achievements and innovation. A well-rounded evaluation will be conducted to the participants to select those who has been doing a great job balancing these different angles in their business routine.

"No matter you are a commercial company, an NGO, a start-up, or an individual who have helped the advancement of the FinTech industry, you are more than welcomed to join the Awards." IFTA Founder and Chairman Mr Paul Pong said, "By participating in the Awards, FinTech-related organizations or individuals will be able to significantly elevate their visibility in this ever-growing industry."

The Awards Head Juror Dr Charleston Sin added, "We anticipate that a group of leading institutions and individuals will join the Awards this year. FinTech-related business usually become more decisive when adapting to changes. Especially in this year, when constantly changing has become the major theme."

Since IFTA's establishment in September 2017, the IFTA has been contributing to the promotion of professional standards within Asia's FinTech industry. It is known as a major facilitator of FinTech education and a platform for nurturing new talents. For the past 3 years, the Awards recognises companies that have dedicated to the development of this once emerging, and now maturing industry.

Corporate Achievements in FinTech (for corporates, NGOs, and start-ups)

FinTech Solutions

1. RegTech

2. InsurTech

3. Payment Tech

4.Trade Financing Tech

5. PropTech

6. Blockchain, Cryptocurrency and CEP (Cryptoasset Exchange Providers)

7. Banking Tech

8. WealthTech

9. eMPF Tech

10. Others *

* This category awards any innovative project that falls under FinTech, but does not apply to any of the categories above.

Advanced Technology

1. Artificial Intelligence

2. Big Data

3. Cloud Computing

4. Data Governance

5. 5G and/or Internet of Things

Outstanding Financial Technologists of the Year (for individuals)

Leader of the Year

- Recognising company founders, shareholding directors, or C-suite executives for their contributions and achievements.

Rising Star of the Year

- Recognising young professionals in any company, on or below age 35 for their contributions and achievements.

Star in the Making

- Recognising students (undergraduate or postgraduate) for innovative

projects or ideas that could positively transform the FinTech industry.

The Jury Panel (arranged in alphabetical order of surnames)

For more information, please visit www.iftaawards.org

Photos of the Awards 2019 can be downloaded here: www.shorturl.at/mnuFN

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