19.08.2021, 19:20

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


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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