Winners of the Hong Kong ICT Awards 2020: FinTech Award Announced

HONG KONG,Nov. 10,2020 --The Hong Kong Institute of Bankers(HKIB)today announced the winners of theHong Kong ICT Awards 2020: FinTech Award. The awards aim to celebrate the exceptional achievements and dedicated efforts of the FinTech community to promote Hong Kong as an innovative financial hub in Asia,especially during this challenging year. The awards also encourage the continued development of innovative solutions for the local financial industry to achieve its full potential by connecting the technological capabilities across future potential markets.

David KWOK (second from left),Fellow Certified Banker,Honorary Secretary,HKIB,presents the Hong Kong ICT Awards 2020: FinTech Grand Award and the Gold Award (Regulatory Technology and Risk Management) to Fano Labs Ltd.

Ms. Carrie LEUNG,Chief Executive Officer of HKIB,commented on the awards,"HKIB is honoured to be appointed as the Leading Organiser of the Hong Kong ICT Awards: FinTech Award for the fifth consecutive year. We are pleased to see the overwhelming number of award applications across a wide range of sectors,including banking,FinTech and insurance,demonstrating how FinTech has become an important agenda item for the financial industry."

LEUNG added,"I would like to extend my sincere congratulations to all the winners on their achievements. HKIB also thanks the invaluable expertise and contribution of the judges and assessors: without them the awards program would not have been possible. Special thanks to our Chief Judge,Dr. Toa CHARM,and Chief Assessor Mr. Dominic SIU."

The Hong Kong ICT Awards 2020: FinTech Award recognises and encourages excellent FinTech talent based on their innovative solutions and applications and focus on the three streams of (i) Banking,Insurance and Capital Markets,(ii) Emerging Solutions,and(iii) Regulatory Technology and Risk Management.

This year,Fano Labs Ltd. was the overall winner,taking home the FinTech Grand Award,and the company also won the Gold Award for the Regulatory Technology and Risk Management stream. Fano Labs' innovative solution,Callinter,is an artificial intelligence compliance assurance system that has greatly enhanced the risk management and business development capabilities of its customers in the financial sector. The solution's high accuracy mixed-language transcription capability backed by advanced natural language processing (NLP) technology received immense recognition from the judges.

The Hong Kong ICT Awards 2020: FinTech Award continues to be a major platform to synergise,recognise and promote the FinTech community as a major player and force in the strategic development of Hong Kong as an innovative financial hub. HKIB will continue to work closely with banks,regulators,and various stakeholders to provide local banking practitioners with FinTech relevant professional development programmes,training,and opportunities.

HKIB would also like to dedicate the success of theHong Kong ICT Awards 2020: FinTech Awardto the Office of the Government Chief Information Officer,and the Supporting Organisations including the Hong Kong Monetary Authority,the banking and financial services sector,and fellow members of the HKIB Council and Executive Committee.

Appendix - Hong Kong ICT Awards 2020: FinTech Award winners

Organisation/ Winner

Title of Entry

Hong Kong ICT Awards 2020: FinTech Grand Award

Fano Labs Ltd.

Callinter,an Artificial Intelligence Compliance Assurance System

Hong Kong ICT Awards 2020: FinTech (Regulatory Technology and Risk Management) Award

Gold Award

Fano Labs Ltd.

Callinter,an Artificial Intelligence Compliance Assurance System

Silver Award

Know Your Customer Ltd.

Know Your Customer Digital Onboarding Solutions

Wizpresso

Wizpresso Search

Certificate of Merit

Datago Technology Ltd.

Text Analytics Platform for Chinese Capital Market

Hong Kong ICT Awards 2020: FinTech (Banking,Insurance and Capital Markets) Award

Gold Award

The Hong Kong Federation of Insurers

Motor Insurance DLT-based Authentication System (MIDAS)

Silver Award

Hang Seng Bank Ltd.

BERI

OneDegree Global Ltd.

OneDegree Global

Certificate of Merit

BeeFintech Company Ltd.

Life-Booking Insurance System

Hong Kong ICT Awards 2020: FinTech (Emerging Solutions) Award

Gold Award

AQUMON (Magnum Research Ltd.)

AQUMON

Silver Award

gini

gini data enrichment

Infocast Ltd.

InvestPRO – Mobile Trading & Investment Application

Certificate of Merit

iDDY Financial Technologies Ltd.

iDDY - Your A.I. Personal Finance Buddy

Pecutus Technologies Ltd.

ReadyTravel Smart FX Platform

Notes to editors:

About The Hong Kong Institute of Bankers

The Hong Kong Institute of Bankers (HKIB) has been serving the local banking community in the provision of professional training and certification services since 1963. HKIB is the first not-for-profit institution in Hong Kong to issue banking qualifications and was appointed by the Education Bureau as a Professional Qualifications Assessment Agency in August 2020. With an objective to maintain and further develop the territory's status as an international financial centre,the Institute works with the support of banks,financial institutions,academic institutions and various professional bodies to provide local banking practitioners with professional training and development opportunities. In view of the changing landscape of the banking and financial services industry in Hong Kong and mainland China,as well as on a global scale,the importance of continuing to enhance the standards of professional development has gained increased attention. The HKIB endeavours to provide and enhance its training and development products in order to equip its members with essential knowledge and skills that meet the industry's needs.

Official website: https://www.hkib.org/

LinkedIn:https://hk.linkedin.com/company/the-hong-kong-institute-of-bankers