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