7 December 2018
Financial Innovation Awards – the winners
Some of the most ground-breaking initiatives in banking and finance were rewarded and celebrated last night (6 December) at the 2018 Financial Innovation Awards, hosted by The London Institute of Banking & Finance.
The Financial Innovation Awards are a highlight of the financial industry calendar, celebrating companies that deliver new and innovative products and services which improve customer services and financial inclusion.
Habito won the award for ‘Innovation in the delivery of financial products’. Judges cited Habito’s accessibility and its aim to transform the way in which mortgage advice is delivered. Santander won ‘Best Payments Initiative’ with their Santander One Pay FX platform, a customer payment solution that benefits their customers globally.
Fintech (financial technology) was a big theme of the night, with the ‘Best FinTech partnership’ going to first direct and bud financial with their Artha by First Direct, a development that responds to changing customer expectations and needs. GoSimple Software won the award for ‘Best financial start-up’; and Barclays took home the ‘Best Mobile Banking’ award for their Barclays Mobile Banking app.
Azuri Technologies won the ‘Innovation in Sustainability or Social Responsibility’ award for their ‘Azuri Quad’ programme, a project that is transforming the lives of rural African communities by offering pay-as-you-go access to clean, renewable power. X-forces Enterprise CIC and NatWest won ‘Best financial inclusion or outreach initiative’ for their partnership on Empowering UK Military Widows with Enterprise.
Other winners on the night were: Vision Independent Financial Planning, ipagoo, Sberbank of Russia, Israel Discount Bank, Nationwide Building Society, Elliptic, Albaraka Turk, Fiserv, and Token.
Alex Fraser, CEO at The London Institute of Banking & Finance, said:
“The UK finance sector faces an uncertain future, not least because of technological developments. Innovation by companies in the sector will play a key role in shaping what the future looks like.
“These hotly contested awards recognise companies for their development of innovative products and projects that empower consumers, communities and businesses around the world. Congratulations to all the winners!”