Digital challenger banks enjoyed success at last night’s Payments Awards, with Starling Bank and ClearBank both picking up two awards each.
The sixth annual industry event was held at the Grosvenor Square Marriott hotel in London, with a record number of entries across the 24 categories.
Starling Bank took home the Personal Finance App of the Year award, along with the prize for PSD2 or Open Banking Initiative of the Year. The judges suggested that Starling’s proposition was “all about the marketplace” and questioned “could Starling become the Amazon of banking?”
ClearBank meanwhile won the Payments Infrastructure Award, and chief executive Nick Ogden was deemed to be the Payments Pioneer of the year. The judges commented that Ogden “understands market opportunity and how to exploit it for real commercial advantage, not just mesmerising investors and hypnotising the media”.
Traditional banks still did well though, with HSBC Bank winning Best Mobile Payments Solution, while NatWest Bank scooped the Best Online Payments Solution - Merchant award.
The full winners list is as follows:
Best Online Payments Solution - Consumer
Just Eat
Best Online Payments Solution - Merchant
NatWest Bank
Best Mobile Payments Solution
HSBC Bank
Best In-store Payments Solution
AEVI
Best Contactless Payments Project
Acceptacard – Payacharity
Best Prepaid Card Solution
PPRO
Anti-Fraud or Security Solution of the Year - Consumer
Nuggets
Anti-Fraud or Security Solution of the Year - Merchant
RISK IDENT
Most Disruptive Payments Technology
APEXX
Payments Startup of the Year
Flux
Technology Provider of the Year
The Chargeback Company
Best Merchant Acquirer or Processor
Paysafe
Best Cross-Border Payments Solution
Earthport
Lending Initiative of the Year
iwoca
Personal Finance App of the Year
Starling Bank
B2B Payments Innovation of the Year
Bottomline Technologies
Best Alternative Payments Project
TBC Bank
Marketing Campaign of the Year
Monese
Best Use of Biometrics
NuData Security, a Mastercard company
Blockchain Initiative of the Year
we.trade
PSD2 or Open Banking Initiative of the Year
Starling Bank
Payments Infrastructure Award
ClearBank
Payments Innovation of the Year
Much Better & Wirecard
Payments Pioneer Award
Nick Ogden, ClearBank
Recent Stories