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IFTA Fintech Achievement Awards 2020 Winners Announced Recognizing Outstanding Fintech Enterprises and Professionals

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IFTA Fintech Achievement Awards 2020 Winners Announced Recognizing Outstanding Fintech Enterprises and Professionals

Organized by the Institute of Financial Technologists of Asia (IFTA), the IFTA FinTech Achievement Awards 2020 Presentation Ceremony was held today (19 August 2021) at the Hong Kong Productivity Council. Under Secretary for Financial Services and the Treasury Mr Joseph Chan, JP attended as the Guest of Honour of the Ceremony. Former Hong Kong Monetary Authority Chief Executive Mr Norman Chan and Former Mandatory Provident Fund Authority Deputy Chair and Managing Director Ms Alice Law received the prestigious Iconic Star awards.

In its third edition, the IFTA FinTech Achievement Awards of this year was themed “Embracing FinTech amid New Normal and Accelerating Digitization” to celebrate enterprises and individuals that have embraced industry trends emerging amidst new normal with innovative financial technology. Responding to fintech development and market evolution, the “Corporate Achievements in FinTech Awards” were divided into “FinTech Solutions” and “Advanced Technology” categories to honour fintech and technology in multiple sectors. The Awards attracted participation from over 55 companies under 14 award categories, of which the “Regulatory Tech” category received the most entries.

Specially introduced in this edition, the prestigious “Iconic Star” award honours invaluable contribution of long serving fintech industry leaders. The winners are Mr Norman Chan, GBS, former Chief Executive of the Hong Kong Monetary Authority, and Ms Alice Law, former Deputy Chairman and Managing Director of Mandatory Provident Fund Authority.

Former Chief Executive of the Hong Kong Monetary Authority Mr Norman Chan, GBS mentions, “Many financial firms have been rather slow to embrace the advance of the digital age, and lost their customers. We should bear in mind that access to the best Fintech is by no means monopolised by BigTech firms.  Instead it is available to any conventional financial firms that have an open mind and willing to make very good use of it.”

Former Deputy Chairman and Managing Director of Mandatory Provident Fund Authority Ms Alice Law says, “Hong Kong in many ways is ahead of the curve in its Fintech evolution, and Fintech application has become more popular amongst users. However, if a new digital economy is our ultimate goal, then efforts will have to be stepped up to broaden our talent pool that is capable of mastering, in an agile manner, business and operational needs of financial services which will be driven mainly by technological applications.”

Officiating guest of the Ceremony Under Secretary for Financial Services and the Treasury, Hong Kong SAR Government Mr Joseph Chan, JP mentions, “The Government has launched a Proof-of-Concept (PoC) subsidy scheme so to encourage licensed financial institutions to partner with startups and develop PoC projects applicable in actual business scenarios. The scheme has already received over 160 applications. I am very excited about the projects resulting from the subsidy scheme, and I also look forward to see it being widely adopted by more financial institutions in Hong Kong.”

“Entries of the Award this year were evaluated based on five elements: innovative technology, ethics, professionalism, contribution and teamwork,” IFTA Founder and Chairman Mr Paul Pong said. “We aim to draw enterprises’ attention to the needs of the industry and the society when they develop technology products so that more financial institutions and a wider public can benefit.”

At the FinTech Achievement Awards 2020 Presentation Ceremony today, 44 corporate achievement awards and 14 individual awards were presented.

As an organization representing fintech professionals in Hong Kong, IFTA is committed to following the government policy of promoting the collaboration among the government, industry, academic and research sectors in the innovation and technology industry. At the IFTA FinTech Achievement Awards 2020 Presentation Ceremony, winners of the IFTA Girls in Tech Hackathon were also presented. Successfully held on 7 and 8 August, the IFTA Girls in Tech Hackathon aimed to promote STEM education and encourage female students and youngsters to get involved in innovative technology and FinTech. Five winning secondary school teams received certificates and trophies on stage today. The Hackathon serves as a link between students aspiring to a career in innovative technology and industry practitioners, and promotes the continuity of fintech and innovative technology, while demonstrating IFTA’s devotion to a diversified and equal fintech industry.

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

Award CategoriesAwardees CompaniesAward Level
FinTech Solutions
Regulatory TechFano Labs LimitedDiamond
Eureka FinTech LimitedPlatinum
iFinGate LimitedPlatinum
RegticsPlatinum
WIZPRESSOPlatinum
BIBO LimitedGold
FORMS SYNTRON Information (HK) Limited(FORMS HK)Gold
NFC Touch LimitedSilver
Seneca ESGSilver
Insurance TechCoverGo LimitedPlatinum
IgnaticaPlatinum
Prudential Hong Kong Ltd.Gold
Payment Techeft Payments (Asia) LimitedPlatinum
QFPay Haojin Fintech LimitedPlatinum
Asia Top Loyalty LimitedGold
Oceanpayment Co., Ltd.Gold
Octopus Cards LimitedGold
Tips Dollar (HK) LimitedSilver
Trade Financing TechVelotrade Management LimitedSilver
Blockchain, Currency and CEP(Cryptoasset Exchange Providers)Custonomy Company LimitedPlatinum
IX Fintech Group LimitedPlatinum
Alpha Finnovate LimitedGold
Blockchain Solutions LimitedGold
FORMS SYNTRON Information (HK) Limited(FORMS HK)Gold
Genesis Block LimitedGold
Amigo Tech LimitedSilver
Dragonbite Tech Pte. Ltd.Silver
Banking TechHang Seng BankPlatinum
Ping An OneConnect Bank (Hong Kong) LimitedPlatinum
FORMS SYNTRON Information (HK) Limited(FORMS HK) – Credit Card GamificationSilver
FORMS SYNTRON Information (HK) Limited(FORMS HK) – Next Generation B2B BankingSilver
Fuyuan GlobalSilver
Wealth Management TechCONTRENDIANDiamond
Linnovate Partners LimitedGold
TRANSINGold
ALGOGENE FINANCIAL TECHNOLOGY COMPANYLIMITEDSilver
Fuyuan SecuritiesSilver
Lu International (Hong Kong)LimitedSilver
eMPF TechBCT GroupGold
Advanced Technology
Artificial IntelligenceOneConnect Financial Technology (Hong Kong)Co., LtdPlatinum
Big DataDATAGO TECHNOLOGY LIMITEDPlatinum
ALGOGENE FINANCIAL TECHNOLOGY COMPANYLIMITEDSilver
Cloud ComputingFORMS SYNTRON Information (HK) Limited(FORMS HK)Silver

Outstanding Financial Technologists of the Year

Award CategoriesAwardeesAward Level
Leader of the YearJess CHENGEureka Holding LimitedExcellence
Lanny YANGOceanpayment Co., Ltd.Excellence
Tomas HOLUBCoverGo LimitedMerit
LAU Kin Wah, KennethFORMS SYNTRON Information (HK) Limited(FORMS HK)Merit
CHAN Wing Fung Raymond SavioFuyuan GlobalMerit
Rising Star of the YearTUNG Wing Shan, SandraFORMS SYNTRON Information (HK) Limited(FORMS HK)Excellence
Charles S.K. WONGHong Kong Exchanges and Clearing Limited(HKEX)Excellence
LAM Fuk MingALGOGENE FINANCIAL TECHNOLOGY COMPANYLIMITEDMerit
WONG Sin Yi, EllyFORMS SYNTRON Information (HK) Limited(FORMS HK)Merit
Cherrie LIUORIX Asia LimitedMerit
Star in the MakingHO Kin Ting DavidHong Kong Baptist UniversityExcellence
CHAN Wai Yan VanessaThe Hong Kong University of Science andTechnologyMerit

The Prestige Award (recommended by the organiser and/or jury panel)

Iconic Star

Mr Norman Chan, GBSFormer Chief Executive of Hong Kong Monetary Authority
Ms Alice LawFormer Deputy Chairman and Managing Director of Mandatory Provident Fund Schemes Authority

Corporate Achievements in 5G

Hutchison Telecommunications Hong Kong Holdings Limited – 3 Hong Kong

 Winners of IFTA Girls in Tech Hackathon

AwardSchoolAward Winners
ChampionHKUGA CollegeSO Eliz Bonnie
SHUNG Ka Kiu
WONG Megan
HO Nga Kiu Kelly
1st Runner-UpYing Wa Girls’ SchoolTANG Yui Ying
WANG Jun Wei Serena
2nd Runner-UpCarmel Pak U Secondary SchoolFUNG Cheuk Ki
LEUNG Hoi Lun
NG Sea Rain
YEUNG Wun Lam
Merit AwardCheung Chuk Shan CollegeLAU Wing Yan
WONG Sze Ting
Merit AwardSt. Paul’s Secondary SchoolTO Hiu Laam
JUEN Hiu Lam
KOON Ho Ching Matty
YAN Tung

Click here to download high-res pictures of the event.

Event pictures:

Photo 1: Winners and guests at the FinTech Achievement Awards 2020 presentation ceremony

Photo 2: Speech by IFTA Founder and Chairman Mr Paul Pong

Photo 3: Former Hong Kong Monetary Authority Chief Executive Mr Norman Chan and former Mandatory Provident Fund Authority Deputy Chairman and Managing Director Ms Alice Law received Iconic Star awards

Photo 4: Winning teams of IFTA Girls in Tech Hackathon

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