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

Former HKMA Chief Executive Norman Chan and former MPFA Deputy Chairman and Managing Director Alice Law crowned prestigious Iconic Stars

 

HONG KONG SAR - Media OutReach - 19 August 2021 - 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 Categories Awardees Companies Award Level
FinTech Solutions
Regulatory Tech Fano Labs Limited Diamond
Eureka FinTech Limited Platinum
iFinGate Limited Platinum
Regtics Platinum
WIZPRESSO Platinum
BIBO Limited Gold
FORMS SYNTRON Information (HK) Limited (FORMS HK) Gold
NFC Touch Limited Silver
Seneca ESG Silver
Insurance Tech CoverGo Limited Platinum
Ignatica Platinum
Prudential Hong Kong Ltd. Gold
Payment Tech eft Payments (Asia) Limited Platinum
QFPay Haojin Fintech Limited Platinum
Asia Top Loyalty Limited Gold
Oceanpayment Co., Ltd. Gold
Octopus Cards Limited Gold
Tips Dollar (HK) Limited Silver
Trade Financing Tech Velotrade Management Limited Silver
Blockchain, Currency and CEP (Cryptoasset Exchange Providers) Custonomy Company Limited Platinum
IX Fintech Group Limited Platinum
Alpha Finnovate Limited Gold
Blockchain Solutions Limited Gold
FORMS SYNTRON Information (HK) Limited (FORMS HK) Gold
Genesis Block Limited Gold
Amigo Tech Limited Silver
Dragonbite Tech Pte. Ltd. Silver
Banking Tech Hang Seng Bank Platinum
Ping An OneConnect Bank (Hong Kong) Limited Platinum
FORMS SYNTRON Information (HK) Limited (FORMS HK) - Credit Card Gamification Silver
FORMS SYNTRON Information (HK) Limited (FORMS HK) - Next Generation B2B Banking Silver
Fuyuan Global Silver
Wealth Management Tech CONTRENDIAN Diamond
Linnovate Partners Limited Gold
TRANSIN Gold
ALGOGENE FINANCIAL TECHNOLOGY COMPANY LIMITED Silver
Fuyuan Securities Silver
Lu International (Hong Kong)Limited Silver
eMPF Tech BCT Group Gold
Advanced Technology
Artificial Intelligence OneConnect Financial Technology (Hong Kong) Co., Ltd Platinum
Big Data DATAGO TECHNOLOGY LIMITED Platinum
ALGOGENE FINANCIAL TECHNOLOGY COMPANY LIMITED Silver
Cloud Computing FORMS SYNTRON Information (HK) Limited (FORMS HK) Silver
  Outstanding Financial Technologists of the Year  
Award Categories Awardees Award Level
Leader of the Year Jess CHENG Eureka Holding Limited Excellence
Lanny YANG Oceanpayment Co., Ltd. Excellence
Tomas HOLUB CoverGo Limited Merit
LAU Kin Wah, Kenneth FORMS SYNTRON Information (HK) Limited (FORMS HK) Merit
CHAN Wing Fung Raymond Savio Fuyuan Global Merit
Rising Star of the Year TUNG Wing Shan, Sandra FORMS SYNTRON Information (HK) Limited (FORMS HK) Excellence
Charles S.K. WONG Hong Kong Exchanges and Clearing Limited (HKEX) Excellence
LAM Fuk Ming ALGOGENE FINANCIAL TECHNOLOGY COMPANY LIMITED Merit
WONG Sin Yi, Elly FORMS SYNTRON Information (HK) Limited (FORMS HK) Merit
Cherrie LIU ORIX Asia Limited Merit
Star in the Making HO Kin Ting David Hong Kong Baptist University Excellence
CHAN Wai Yan Vanessa The Hong Kong University of Science and Technology Merit
  The Prestige Award (recommended by the organiser and/or jury panel)   Iconic Star
Mr Norman Chan, GBS Former Chief Executive of Hong Kong Monetary Authority
Ms Alice Law Former 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
Award School Award Winners
Champion HKUGA College SO Eliz Bonnie
SHUNG Ka Kiu
WONG Megan
HO Nga Kiu Kelly
1st Runner-Up Ying Wa Girls' School TANG Yui Ying
WANG Jun Wei Serena
2nd Runner-Up Carmel Pak U Secondary School FUNG Cheuk Ki
LEUNG Hoi Lun
NG Sea Rain
YEUNG Wun Lam
Merit Award Cheung Chuk Shan College LAU Wing Yan
WONG Sze Ting
Merit Award St. Paul's Secondary School TO 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  

About IFTA

The Institute of Financial Technologists of Asia Limited (IFTA) is an NPO established in Hong Kong in September 2017; to uphold the professional standard of Financial Technologists in Asia and create an ecosystem for global fintech talents to be connected. In the witness of HKSAR Government representatives, and the City of London at the signing ceremony, IFTA entered a collaboration agreement with the Certificate in Finance and Technology (CFT) from the United Kingdom to introduce the first CFT program in Asia. Besides delivering certification, IFTA also organises events including boot camps, seminars, and an annual award to accelerate Fintech education and industry engagement among government, regulators, universities, enterprises, and start-ups.   #IFTA

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