Through our Best of FinXTech Awards, Bank Director recognizes the efforts of the emerging financial technology solutions within FinXTech Connect that best help a financial institution grow revenues, create efficiencies or reduce risk. Based on Bank Director’s independent methodology focused on external market data and feedback from bank partners, awards are given to the top-rated financial technology companies within various categories.
Winners will be announced at our Experience FinXTech event in Chicago, September 10, 2019. During the event, we take a close look at the implications of technology on the business of banking, exploring how and where banks might generate top-line growth and bottom-line profits through partnerships, collaboration and strategic investments.
2019 Best of FinXTech Awards Recognize:
Best of FinXTech Partnership
Best Solution for Customer Experience
Best Solution for Revenue Growth
Best Solution for Loan Growth
Best Small Business Solution
Best Solution for Improving Operations
Best Solution for Protecting the Bank
Are you a company working with financial institutions that would like to be considered for inclusion in FinXTech Connect and be automatically entered into the 2019 Best of FinXTech Awards? Submit for consideration. All submissions must be approved by May 31, 2019 in order to be considered for this year’s awards.
2018 BEST OF FINXTECH AWARDS WINNERS
CBW Bank + Yantra Financial Technologies:
Most Innovative Solution of the Year Winner: CBW Bank became the first bank in the U.S. to publish its APIs by working with Yantra Financial Technologies to launch the Y-Labs Marketplace. The Y-Labs Marketplace is an initiative that enables banks to rapidly introduce new payments, products and services with industry specific benefits.
Citizens Financial Group + Fundation Group:
Best of FinXTech Partnership Winner: Citizens Bank’s digital lending capability makes it easier for small business customers to apply for and receive credit. Provided through a collaboration with Fundation, the platform enables small businesses to apply for credit through a simple application across all customer channels, including online and retail branches. Fundation also offers credit to some customers that do not meet bank credit guidelines, helping Citizens meet more of its SMB customers’ credit needs.
Radius Bank + Alloy:
Startup Innovation Winner: Radius Bank partnered with FinTech Alloy to help transform Radius into a digital-first bank. By using Alloy’s smart identity platform and API, Radius delivers a superior experience to their new customers signing up online – offering an instant decision in 98% of the cases, while reducing onboarding fraud by 50%. Fundation also offers credit to some customers that do not meet bank credit guidelines, helping Citizens meet more of its SMB customers’ credit needs.