Source: Media Outreach
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
– Published and distributed with permission of Media-Outreach.com.