Banking Fintech News

OneConnect wins IFTA FinTech Achievement Award for Digital Banking

OneConnect wins IFTA FinTech Achievement Award for Digital Banking

OneConnect Financial Technology Co., Ltd. (OneConnect,NYSE: OCFT), a leading technology-as-a-service platform for financial institutions, won the Platinum Award for Digital Banking at the IFTA FinTech Achievement Awards 2019, in recognition for the innovation of its OneConnect Bank Solution.

Read More: AdvisorPeak Bundles Rebalancing Solution for Panoramix Users

“We are very honored to receive this award. It is a recognition of our effort and achievements in leveraging advanced technologies to serve the financial industry. We believe that Hong Kong financial institutions have enormous demand for financial technology innovation, and this market is worth exploring,” said Daniel Ling, General Manager of OneConnect Hong Kong.

The Institute of Financial Technologists of Asia (IFTA) is a non-profit organization in Hong Kong founded in 2017 by a group of finance and technology professionals. IFTA is committed to driving forward the development of global fintech and to build an ecosystem to connect fintech talent worldwide.

The IFTA FinTech Achievement Awards is co-organized by IFTA and public relations consultancy PR Asia. The awards recognize individuals and enterprises pursuing creative solutions that meet business and social needs. It also celebrates outstanding achievements in implementing information technology in financial services.

Read More: Bitcoin SV trading pairs introduced at India-based digital asset exchange BuyUCoin

OneConnect delivers innovative solutions to facilitate digital transformation in financial services. It is dedicated to boosting value for Hong Kong financial institutions such as banks, securities and asset management companies with its localized fintech solutions for sales, risk control, operations and financial middle-end platforms.

The awarded OneConnect Bank Solution demonstrates OneConnect’s core technologies and advantages. It has impressed the industry with three key features: the Online Bank Account Opening Process, the Online SME Account Opening and Loan Solutions, and the Bank Cloud. It incorporates one-stop services that have helped bank clients drive sales, enhance risk management and improve customer service quality.

As of June 2020, OneConnect had served 630 banks and 100 insurance institutions in China, and over 50 international customers in more than 15 countries and regions. Its subsidiaries are based in Hong Kong, Singapore and Indonesia, providing services for the banks and large financial institutions in countries including Thailand, Indonesia and Malaysia.

Read More: Realio Partners With $250M+ Valentus Fund to Tokenize Institutional-grade Investment Opportunities

Related posts

Octane Teams Up with Polaris to Drive Digital, Instant Financing for Powersports Enthusiasts

Fintech News Desk

SocialGood App Gains Over 1.6 Million Users Worldwide With Patented Crypto Rewards System

Fintech News Desk

YuLife Expands to South Africa to Transform the Insurance & Wellbeing Industry

PR Newswire
1