IFTA Opens Applications for FinTech and Innovation Awards 2021/2022 Two Worlds, One Goal: The Virtualisation of Reality

HONG KONG SAR –
Media OutReach – 17 March 2022 – The application period for The IFTA FinTech and Innovation Awards 2021/2022 (the “Awards”) has officially commenced. Organised by the Institute of Financial Technologists of Asia (“IFTA”), the Award is now running for its 4th year to celebrate the significant achievements made worldwide in the realm of FinTech, and to further recognise more groundbreaking achivements this year, applications are open to both individuals and institutions of different natures.

Themed “Two Worlds, One Goal: The Virtualisation of Reality“, the Awards recognise the important nuances of parallel worlds both physical and virtual, as well as, the role that corporations and individuals play in their development within the economy.The Awards focus on Innovation and Technology, Contribution and Ethics, Professionalism, and Teamwork. A well-rounded evaluation will be conducted for the participants to select those who have shown mastery in balancing both worlds and contributing to the FinTech space in their business operations.

“We recognise achievements worldwide in FinTech innovation, education, R&D, and its applications through its 9 corporate, 3 individual and 1 team award categories.” IFTA Founder and Chairman Mr Paul Pong said, “The awards boast a line-up of elite awardees amongst Hong Kong’s FinTech industry who celebrated one another for furthering social and business innovations, proving that Hong Kong is a leading force in adapting consumer financial technology. In response to the government’s strategy for nurturing and developing FinTech talents, we have also set up a special honorary award category regardingly this year, more details will be announced on the awards website.”

The Awards’ Head Juror Dr Charleston Sin added, “Hong Kong is going to kick off a pipeline of FinTech projects in response to “FinTech 2025″ Strategy, the Awards showcase and acknowledge outstanding corporations and their contributions in driving FinTech development in Hong Kong.”

Since IFTA’s establishment in September 2017, the IFTA has been contributing to the promotion of professional standards within Asia’s FinTech industry. The organisation is known to be a major facilitator of FinTech education and a platform for nurturing new talents. For the past 5 years, the Awards have been recognising companies that have been dedicated to the development of this once emerging, and now maturing industry.

Corporate Achievements in FinTech (for publicly listed companies, private corporates, start-ups and NGOs)

Categories
1 RegTech
2 InsurTech
3 Payment Tech
4 Blockchain, Cryptocurrency and CEP (Cryptoasset Exchange Providers)
5 Banking Tech
6 WealthTech
7 Metaverse, NFT, And DeFi (Decentralised Finance)
8 ArtTech
9 Others*

* This category awards any innovative project that falls under FinTech, but does not apply to any of the categories above.

Outstanding Financial Technologists of the Year (for individuals and Teams)

Leader of the Year– Recognising company founders, shareholding directors, or C-suite executives for their contributions and achievements.
Rising Star of the Year– Recognising young professionals in any company, on or below age 35 for their contributions and achievements.
Star in the Making– Recognising students (undergraduate or postgraduate) for innovative

projects or ideas that could positively transform the FinTech industry.

Team of the Year– Recognising corporate teams/project teams who have made significant contributions within their respective industries through the implementation of FinTech solutions.


The Jury Panel (arranged in alphabetical order of surnames)

Name Title
Head Juror
Dr Charleston SIN Executive DirectorMIT Hong Kong Innovation Node
Vice-chairlady of Jury Panel
Dr Dorothy CHAU Head of Security Special ProjectsCypto.com
Jurors
Mr Alex CHAN Chief Executive OfficerFORMS HK & Thailand
Mr Emil CHAN ChairmanThe Association of Cloud and Mobile Computing Professionals
Ir Eric CHAN Chief Public Mission OfficerHong Kong Cyberport Management Company Limited
Mr Raymond CHAN CEO & DirectorMataverse Securities
Mrs Cindy CHOW Executive DirectorAlibaba Entrepreneurs Fund
Mr Eugene HSIA Chief Corporate Development OfficerHong Kong Science and Technology Parks Corporation
Mr Sean LEE Co-founderMODO Tech
Dr Paul SIN Director of Technology & TransformationNew World Development Company Limited
Ms Juni YAN Managing DirectorFintech Business, International, WeBank
Prof YIU Siu Ming Associate Head (Teaching and Learning), Department of Computer Science, The University of Hong Kong

For more information, please visit
www.iftaawards.org

 

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