Fintech Pioneers Shine at BW Festival Of Fintech 2024

BW Businessworld’s Festival of Fintech annually brings together industry leaders and innovators to explore the cutting edge of financial technology. This premier event showcases advances in artificial intelligence, machine learning, blockchain, digital banking, mobile payments, cybersecurity, API integration, DeFi, fraud prevention, and open banking, reflecting the rapidly evolving fintech industry. At the heart of these innovations is the central role of Big Data, enabling financial service providers to leverage vast data sets for faster, more informed decision-making and the creation of cutting-edge financial tools and services.

This year, in its fourth year, the summit provides a holistic view of these transformative technologies, addressing their regulatory landscapes and their profound impact on industry standards. Through panels, fireside chats and networking sessions, attendees engage in strategic discussions that navigate the evolving ecosystem of financial technology. These interactions foster collaborations among thought leaders, driving innovation and shaping the future of finance globally.

Disruption and Innovation in Fintech

As the fintech landscape evolves rapidly with advancements, innovations and disruptions fueling the growth of the industry. Many pioneering initiatives deserve recognition, celebrated at the Festival of Fintech Awards 2024 by BW Businessworld. This event not only highlights how fintechs are leveraging Big Data for operational efficiency and customer-centric solutions, but also serves as a platform to honor outstanding contributions that are reshaping financial services.

This comprehensive approach ensures that BW Businessworld’s Festival of Fintech remains a key event for industry professionals looking to stay at the forefront of the rapidly evolving fintech sector.

Jury and evaluation process

For BW Businessworld’s Festival of Fintech 2024 Awards, over 110 entries were received, whittled down to 81 after a rigorous multi-tiered screening and selection process. Each nominee presented themselves before an illustrious panel of judges, showcasing leadership, workplace impact, community contributions, innovation potential, problem-solving skills and effective strategy implementation.

The evaluation criteria emphasized key initiatives, milestones, overall impact, resource utilization, and quantitative performance. Unique monetization models, funding status, and clarity of vision were also key in the evaluation. The jury meticulously reviewed the results in line with advancing fintech frontiers.

This meticulous process resulted in outstanding contributions being recognized in 23 categories, including Fintech Product of the Year, Lending Platform of the Year, CTO of the Year, Wealthtech of the Year and many more.

The process was led by the Jury Chairman, S. Ravi, Promoter and Partner, Ravirajan & Co LLP, Former Chairman, BSE and Independent Director. Additionally, the judging panel included Dr. Annurag Batra, Editor-in-Chief, BW Businessworld, Founder, exchange4media, Arvind Kumar, Director General, STPI, Sumnesh Joshi ITS, Deputy Director General (Joint Secretary at Government of India level), Ministry of Communications, Govt. of India, Sai Ganesh Vootukuri, Head of Online Applications, NPCI Bharat BillPay, Saurabh Bhattacharya, Additional Executive Director, Center for Smart Governance, Government of Karnataka, Kalpana Ajayan, Regional Head – South Asia, Women’s World Bank, Sharat Chandra , Founder, EmpowerEdge Ventures, Hrushikesh Mehta, SVP – Financial Services, ONDC, Deepankar Roy, Associate Professor, National Institute of Bank Management, Monica Jasuja, Fintech and Product Management Executive, Vikram Tanna, CEO, Mzaalo (Xfinite Global plc)

Winners

Source