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Finalists announced for 2016 Financial Innovation Awards

31 August, 2016

Some of the world’s most recognised banking and finance organisations, along with a host of exciting start-ups and technology providers are among those named as finalists at the 2016 Financial Innovation Awards.

The Awards are hosted each year by financial education provider, ifs University College and leading trade association, the British Bankers Association (BBA) and recognise innovation in the world of banking and finance.

Covering almost every area of the industry, the Awards recognise outstanding projects in categories ranging from “Best financial start-up” and “Innovation in community outreach or social responsibility” to “Innovation in supporting business or enterprise” and “Innovation in the application of technology”.

Among the 2016 finalists are established names such as Natwest, Lloyds, Barclays, RBS and HSBC, while start-ups include financial planning organisation Finura Partners and credit checking company, ClearScore. There is also a strong international contingent this year, with finalists representing Turkey, South Africa and Russia among others.

Chris Ray, Director of Marketing, Communications & Professional Services at ifs University College, said:

We are seeing evolution in almost every aspect of the banking and finance industries, driven by technology, or the need to serve new customer groups and meet their requirements. The sheer volume of entries we received 2016 Awards has already made the judges’ roles very difficult, even at the shortlisting stage. This year, we have seen the entry of a number of new and exciting ventures which are challenging the established order and industry-leading developments from major global organisations, proving once again that innovation is vibrant across the industry. We wish all of our finalists good luck!”

The Awards will be held on 8 December at the Grand Connaught Rooms in Holborn.

For more details on the 2016 Financial Innovation Awards and a list of all the finalists competing for an award, please visit: http://fia.ifslearning.ac.uk/