HONG KONG SAR – Media OutReach – 27 April 2023 – The Institute of Financial Technologists of Asia (“IFTA”) announces the opening of applications to IFTA FinTech and Innovation Awards 2022/2023 (“the Awards”) until 26 May 2023. The Awards invite nominations of projects, individuals and teams from different sectors who have made significant achievements in the use and/or growth of FinTech in their respective arena.
As technology continuously evolves, FinTech applications have also made major breakthroughs. Themed “Game Changers: The Rise of Next Gen FinTech“, the Awards celebrate ground-breaking ideas and technologies that shape the future of finance in a fast-changing environment. Out of 14 award categories, 10 are catered for corporations which have delivered exceptional FinTech projects or solutions used in various areas in Asia, and 4 categories celebrate the significant achievements of individuals and teams in FinTech.
In response to the rising concerns of security in cyberspace and data, a new category, “Cybersecurity and Data Protection”, has been introduced to recognise effort in protecting sensitive information against potential attacks. Both female and male play a key role in maintaining the sustainable development of FinTech industry. In this regard, IFTA also introduced the “Female’s Pioneer Award” to recognise female leaders and practitioners who have made unswerving effort and contribution to challenge the status quo and chart new frontier.
“IFTA Awards aim to celebrate the effort of FinTech practitioners in upholding Hong Kong’s role as one of the world’s financial centres.” said IFTA Founder and Chairman Mr Paul Pong, “Technology is evolving in an unprecedented pace. Innovative adoption of technology in finance has empowered automation, enhanced client accessibility and supported businesses to stay ahead of competition. Through the Awards, we aim to celebrate the many innovative FinTech breakthroughs practitioners have made that drove our society forward and fuelled our businesses.”
Head Juror of IFTA Awards 2022/23 Dr Dorothy Chau mentioned, “We recognise that female plays an equally important role as male to the long-term development and growth of FinTech industry. We have therefore introduced the new ‘Female Pioneer Award’ in order to honour the contribution of female industry leaders and inspire more women to pursue a career in FinTech.”
Since its establishment in 2017, the IFTA has played an active role in raising the bar of FinTech industry in Asia, facilitating FinTech education and serving as a platform for nurturing new talents. For the past five years, the Awards have recognised outstanding companies and individuals who have dedicated to the development of this once emerging, and now maturing industry.
Award categories of IFTA Awards 2022/23 are as follows.
Corporate Achievements in FinTech and innovation
A total of 10 award categories are open to projects or solutions in Asia used by publicly listed companies, private corporates, and start-ups. They are:
Blockchain, Cryptocurrency and CEP (Cryptoasset Exchange Providers)
Metaverse, NFT, and DeFi (Decentralised Finance)
Cybersecurity and Data Protection
Others (innovative projects that fall under FinTech but excluded from categories stated above)
Outstanding Financial Technologists of the Year
There are 4 award categories open to individuals and teams for their achievements in fintech industry.
Leader of the Year – Recognising company founders, shareholding directors, or C-suite executives
Rising Star of the Year – Recognising young professionals at or below the age of 35
Star in the Making – Recognising students (undergraduate or postgraduate) who come up with innovative projects or ideas that can positively transform the FinTech industry
Team of the Year – Recognising corporate teams/project teams who have made significant contribution through the implementation of FinTech solutions
The Jury Panel (in alphabetical order of surnames)
Dr Dorothy CHAU
Head of Security Special Projects Crypto.com
Mr Barry CHAN
Chief Digital Officerand Head of FINNOSpace FORMS HK
Prof Emil CHAN
Chairman The Association of Cloud and Mobile Computing Professionals
Mr Raymond CHAN
CEO & Director Mataverse Securities
Mr Calvin CHENG
Founder & CEO Wizpresso
Mr Sean LEE
Co-founder MODO Tech
Mr Aldous MAK
Chief Financial Officer Hong Kong Science and Technology Parks Corporation
Ms Juni YAN
Managing Director Openhive
Mr Victor YIM
Head of FinTech Hong Kong Cyberport Management Company Limited
Prof YIU Siu Ming
Professor Department of Computer Science, The University of Hong Kong
The issuer is solely responsible for the content of this announcement.
The Institute of Financial Technologists of Asia Limited (IFTA) is an NPO established in Hong Kong in September 2017; As accreditation provider, IFTA has two highly-regarded qualifications: the Associate Financial Technologist (AFT) and the Certified Financial Technologist (CFT). These qualifications are designed to equip professionals with the knowledge and skills necessary to excel in the fast-changing financial technology landscape. In 2022, IFTA entered a collaboration agreement with the The London Institute of Banking & Finance to introduce the Certified Finance Practitioner (CFP) program. IFTA also organises events including boot camps, seminars, and an annual award to accelerate Fintech education and industry engagement among government, regulators, universities, enterprises, and start-ups.
MGBF is hosting a networking session with Romania's global analyst, Radu Magdin, in Kuala Lumpur. Join the discussion on strategic shifts and conflict flash points that impact Malaysia’s international facing business.
Expanding on the Malaysian government's efforts to promote the country as a trade and investment destination of choice, MGBF will engage with the many industry leaders who announced multi-billion dollar commitments.
Special session: Cyberwarfare Waged on the Corporate Sector - Lessons from the Russia-Ukraine Crisis. Corporations are in a digital arms race that many don't realise. How does this relate to your organisation?
The classic knee-jerk reaction is to say, fire the coach, change the leadership of associations, and reduce the funding till they start performing better. This kind of negative reinforcement may work for kindergarten children, but we are dealing with high-performance adults – individuals much further along in their psychological and […]
Since its earliest tea plantations in 1929, Cameron Highlands has grown to become a key player in the agricultural landscape of Malaysia, producing 40 per cent of all vegetables grown. Despite Malaysia shifting its economic focus away from agriculture, the industry remains imperative for food security and the livelihoods of […]
Although at first glance the travel industry and the agricultural sector appear to have nothing in common, they actually share more than meets the eye. The economic benefits of tourism to the agricultural sector can be multiplied several times over. “Tourism brings the end consumers closer to the source, which […]
The Malaysia Global Business Forum (MGBF) recently held a high-level roundtable themed ‘Designing the Future of the Digital Economy’, attended by industry leaders and business associations. The guest of honour was Yang Berhormat Syerleena Abdul Rashid, the Member of Parliament (MP) for Bukit Bendera in Penang. The MP’s Special Session […]
The Malaysia Global Business Forum (MGBF) will be hosting a roundtable on ‘Designing the Future of the Digital Economy’ on 23 February 2023. It is the culmination of the first three MGBF Exclusive Roundtable Series titled ‘The Evolving Threat Matrix in the Digital Economy’ held throughout 2022. According to the […]
The Founding Chairman of the Malaysia Global Business Forum (MGBF), Nordin Abdullah, today spoke on Bernama TV’s leading English talk show, The Brief, hosted by Jessy Chahal, on the topic of a stable political reality and what that means for the Malaysian economy. Nordin said, “The first thing that it […]
More than 1,100 years ago, Muhammad ibn Musa al-Khwarizmi was developing the mathematical formulas that we know today as algorithms which now have become so intertwined with the business fortunes of global media giants and the very fabric of geopolitics. A series of recent high level international reports have revealed […]
KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. The first challenge in investor attraction is “selling” the country. In the context of Asia, Malaysia is competing with some very established investment destinations. The second […]
Malaysia, in particular Kuala Lumpur, continues to position itself as a regional centre to do business, educate a family and enjoy a global lifestyle. One company, KSK Land, has taken the lead in positioning itself and the city of Kuala Lumpur as a property investment destination for the global citizen […]
The upcoming budget represents an opportunity to build resilience in the critical sectors that will form the backbone of the country’s future-facing economic ambitions. This however needs to be achieved in the context of managing the community sectors most impacted by COVID-19 over the past two years. The Keluarga Malaysia (Malaysian Family) […]
Malaysia Global Business Forum (MGBF) has moved to support the creative economy as the overall economy moves into a recovery phase following the COVID19 pandemic. As a step in the direction of normalcy, the MGBF has agreed to host the art exhibition “I Know You’re Somewhere So Far” by one […]
Congratulations to Datuk Seri Ismail Sabri Yaakob for taking up the mantle of the ninth prime minister of Malaysia. There is nothing normal about the situation; it could not have been scripted but it has kept the spectrum of media, mainstream and social, gripped. The first order of business for […]
In a stirring speech to the nation, President Joseph R. Biden, Jr. stamped his brand of leadership on the presidency, in his first act as the 46th president of the United State of America, it signaled several shifts. Perhaps the weather was foreboding with snow falling before the ceremony that […]
KUALA LUMPUR, 6 July 2022 – As the global economy continues to deal with unprecedented levels of disruption caused by the pandemic and the conflict between Russia and Ukraine, the convergence of energy security and food security issues has become a front-of-mind issue faced by policy makers and consumers alike. […]
KUALA LUMPUR, 23 June 2022 — Malaysia Global Business Forum (MGBF) ties up with scoutAsia to ensure that businesses are equipped with deeper regional insights. The past two years has seen a massive shift in the way businesses are conducted with digitisation, digitalisation and automation continuously being adopted to improve […]
KUALA LUMPUR, 25 May 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Security Concerns in Critical Value Chains’ was held in a hybrid setting yesterday at the Eastin Hotel Kuala Lumpur. The guest of honour was Yang Berbahagia Tan Sri Dato’ Seri Rafidah Aziz, former minister of […]
We live in the age of crisis. At the heart of any crisis is the threat of rapid change. Change too deep or too wide that the current coping mechanisms for an individual, corporation or government are unable to remain resilient. An unwelcome paradigm shift, like the proverbial spider, that […]
The Malaysia Global Business Forum (MGBF) has released a report following the roundtable on ‘Digital Resilience in the Corporate Sector’, which was recently held in Kuala Lumpur. In attendance as guest of honour was Deputy Minister of Communications and Multimedia, Datuk Zahidi Zainul Abidin. The report recommended several critical development […]
Trade and investment delegations will trickle back over the next few months, but the second half of the year should see considerable return of business travellers. It was learnt that over 50 per cent of international business chambers and industry associations surveyed will consider sending exploratory teams to Malaysia during […]