Entirely Finance

CITYOFLONDON FINANCE NEWS


Caffe Nero and Monzo Bag Prizes at the Emerging Payments Awards 2018


Emerging Payments Association annual ceremony honours movers and shakers in world of FinTech



Caffe Nero and Monzo Bag Prizes at the Emerging Payments Awards 2018

The UK’s leading FinTech organisations came together last night to celebrate innovation in the sector at the 11th annual Emerging Payments Awards.

The FinTech industry was worth an incredible £6.6 billion to the UK economy last year, thanks not just to an attractive business environment in the country, but to a commitment to excellence and creativity within the sector. The awards ceremony at The Hilton, Park Lane, London on Wednesday 10th October celebrated this ingenuity, recognising both big names and innovative start-ups for their ongoing work.

 

Among the companies honoured at the event was Caffè Nero, which took home the gong for Most Innovative Retailer Implementation of Emerging Payments for its loyalty app powered by Yoyo.

 

Prepaid card specialist, PrePay Solutions, won the Best Banking Initiative category for its work with Tide. Challenger bank, Monzo, took home the silver award in the Best Customer Facing Experience category for its Jumio-powered ID verification system. Best Professional Service Organisation supporting Emerging Payments, one of multiple new categories for 2018, went to SkyParlour.

 

Speaking about the winners this year, the Chair of the Judging Panel, John Chaplin, remarked: “The entries this year were truly awe-inspiring – in every category we had some spectacular examples of the inventiveness and resourcefulness that have made the FinTech sector a leading light of the UK economy.  All the shortlisted entrants, as well as the winners, should be proud of their hard work over the last 12 months.”

 

Reflecting the growing number of exciting start-ups entering the UK FinTech space, a host of disruptors and new names came away with awards this year. Digital payment account provider Modulr is a prime example of a high-performing newcomer, being honoured in a clutch of categories, winning the gold award for the Best B2B Payments Programme and Best Technical Service Organisation. Payment app, Curve, was another, taking home the hotly contested title of Leading Payments Start-Up.

 

Director General of the Emerging Payments Association, Tony Craddock, added: “After 11 years of hosting these awards, I can honestly say that the calibre of the entrants is higher than ever. It is truly exciting to see how far the UK FinTech sector has come over the past decade.

 

“The ingenuity shown by our winners is a testament to the creativity and dedication of everyone in the industry, developing solutions that transform the way consumers think about money and payments. I look forward to seeing what we will achieve in the future.”

 

The full list of winners for 2018 is as follows:

 

Best International Payments, Remittance or use of FX – Banking Circle

Best Consumer Funded Payments Programme – Lyk by Thomas Cook Money

Best Financial Inclusion Payments Programme – EcoCash powered by mobiquity Money, Mahindra Comviva and Econet Wireless (Cassava Fintech)

Silver – Vocalink, a Mastercard company for Vocalink PromptPay – Thailand

Best Corporate/Government Funded Payments Programme for consumers – IDEMIA – Aadhar Programme in India

Best B2B Payments Programme – Modulr

Silver – Banking Circle

Best Banking Initiative – PrePay Solutions – Tide

Best Collaboration Initiative – i-movo & PayPoint,  Payment Exception Service

Silver – Balance Plus by Veon in partnership with Prepay Nation

Best Use of Payments Data – Cybertonica

Most Innovative Mobile or Proximity Payment Solution – Vocalink, a Mastercard company for

"The ingenuity shown by our winners is a testament to the creativity and dedication of everyone in the industry, developing solutions that transform the way consumers think about money and payments."
Director General, Tony Craddock



Vocalink PromptPay – Thailand

Silver – Judopay

Most Innovative Retailer Implementation of Emerging Payments – The Yoyo-powered Caffè Nero payments and loyalty app

Best PSP or Acquiring Solution Provider – Paysafe Group

Best Professional Service Organisation supporting Emerging Payments – SkyParlour

Best Back Office Innovation – Banking Circle

Silver – The Chargeback Company – Targeting the source: data-driven chargebacks

Best Customer Facing Experience – Klarna Pay Later

Silver – Jumio and Monzo

Marketing Campaign of the Year – Monese and PrePay Solutions – Free movement of money

Best Technical Service Organisation supporting Emerging Payments – Modulr

Silver – Payworks

Leading Payments Start-Up – Curve with Wirecard

Silver – Modulr

Leading Emerging Payments Organisation – PrePay Solutions

Silver – PPRO

Best CSR or Charity Initiative – B4B Payments Charity Solutions, with Wirecard

Silver – Semafone

Emerging Payments Industry Contributor of the Year – David Birch

 

# # #

 

About the Emerging Payments Awards

 

The Emerging Payments Awards are the highlight of the payments innovation calendar in the UK, produced in association with the Emerging Payments Association. This year will be the Emerging Payments Awards eleventh year of celebrating the best of the best in the FinTech industry.

 

It celebrates innovation, collaboration and emerging payments by recognising companies that have made significant advances in how we pay today. As the payments industry has boomed, so have the awards. Last year over 200 companies from across the globe entered 20 categories which were assessed by 31 judges. The winners are announced in style at a glittering ceremony attended by over 700 of the industry’s most senior opinion-formers and decision-makers.

 

Twitter: @EPAwards #EPAwards18




DISCLAIMER: The statements, opinions, views and advice expressed in this article are those of the author/organisation and not of ENTIRELY. This article should represent information correct at the time of publication however whilst every care has been taken to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. ENTIRELY will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within this article or any information accessed through this site. The content of any organisations websites which you link to from ENTIRELY are entirely out of the control of ENTIRELY, and you proceed at your own risk. These links are provided purely for your convenience and do not imply any endorsement of or association with any products, services, content, information or materials offered by or accessible to you at the organisations site.







Payment Cloud Technologies

Payments FinTech


Founded in 2008 and headquartered in the heart of Londons FinTech scene, PCT excels in digital banking, prepaid and travel compensation, working with many of the world's leading businesses and government organisations. PCTs cloud based platform, digitalVISION, is reforming the way banking and payments are delivered by enabling businesses to deliver reliable, robust banking grade financial services every day. PCTs proprietary solutions can be accessed via web, mobile devices, ATM and branch.






MYPINPAD

an enabler of multifactor authentication


MYPINPAD MPP is an enabler of multi-factor authentication for unsecured touchscreen devices such as mobile phones and tablets. MYPINPAD provides a modular PaaS or customer hosted platform that delivers security with familiar and friendly authentication interfaces, including cardholder PIN.MPP operates throughout Europe Asia. With simple integration in to payment systems the Company enables acquirers, issuers, card schemes, merchants and PSPs around the world to better manage risk and fraud.






Hallidays Chartered Accountants and Business Advisors


Hallidays Chartered Accountants and Business Advisors were established in 1843 in Manchester and now situated, since 2008, in modern, purpose built offices next to the M60, Stockport and have 60 dedicated team members.






Hanley & Co Chartered Accountants and Business Advisers


Hanley & Co are Chartered Accountants and Business Advisors based in Ashton-Under-Lyne, Blackpool and Manchester. We use our practical experience (gained with over twenty years in practice) to give our clients practical, positive advice throughout the year. Hanley & Co are the 'Accountants You Can Talk To'.






Bruce Marshall & Co


Are you looking for an experienced, proactive and friendly firm of accountants and tax advisers? Then you've come to the right place.






RECOMMENDED FOR YOU ON ENTIRELY LONDON














Employing foreign workers in the UK


Many UK businesses are heavily reliant on foreign staff for both short and longterm roles.For businesses that recruit foreign nationals there are clear rules in place. Businesses must follow UK employment legislation to the letter, as if they do not, it could cost them significantly