The Tech Ascension Awards are proud to announce the winners of the 2024 FinTech Awards, recognizing outstanding achievements in the financial technology sector. These organizations have demonstrated exceptional vision and accomplishments in their respective fields, leading the way with groundbreaking solutions that set new standards in the industry.
"Fintech is at a pivotal moment, with AI and digital transformation redefining how we interact with financial services," said David Campbell, CEO of Tech Ascension Awards. "This year’s award winners exemplify the power of innovation to address complex challenges in fraud prevention, compliance, banking integration, and more. By pushing the boundaries of technology, these companies are setting new standards and driving the entire industry forward, making financial transactions more secure, efficient, and accessible for everyone."
2024 Tech Ascension FinTech Award Winners:
Best Innovative FinTech Solution – BlackLine, BlackLine Studio Platform BlackLine’s platform centralizes financial operations, transforming record-to-report and invoice-to-cash processes. It combines seamless ERP integration with powerful automation and AI, offering finance professionals real-time financial visibility and strategic insight, enabling them to shift from manual bookkeeping to value-added analysis.
Best AI / ML Powered Solution – Oscilar Inc., AI Risk Decisioning
Oscilar’s AI Risk Decisioning platform is a groundbreaking, real-time solution for managing fraud, credit, and compliance risks. Leveraging machine learning and generative AI, Oscilar enhances decision-making agility and accuracy with features like advanced analytics, natural language AI Co-Pilot, and ultra-fast response times. This solution offers a 360-degree view of risk, empowering businesses across industries to protect against online fraud and compliance challenges.
Best Banking Integration Solution – Xoriant, Xonnect Xonnect’s composable, white-labeled banking solution simplifies corporate-to-bank (C2B) connectivity. By integrating directly with ERP systems and bank accounts, Xonnect provides real-time access to account balances, automated reconciliations, and other digital banking innovations. This solution enhances productivity and reduces operational costs for banks while providing corporates with seamless, secure banking experiences.
Best Point of Sale Payments Solution – Verifone, UX700 The Verifone UX700 is a robust, self-service POS device optimized for high-transaction environments. Designed for unattended and attended scenarios, the UX700 offers secure, reliable payments indoors and outdoors. Its Android OS compatibility allows for advanced integrations, multimedia interactions, and loyalty programs, enhancing customer experience and merchant flexibility.
Best Compliance Solution – FloQast, FloQast Compliance Management FloQast Compliance Management addresses the challenges of outdated, manual compliance processes. With features like synchronized program files, embedded testing, and proactive risk management, this platform provides a centralized solution for compliance teams to efficiently manage, test, and optimize controls, ensuring a streamlined approach to organizational compliance.
Best Fraud Prevention Solution – Veriff, Veriff Biometric Authentication Solution Veriff’s Biometric Authentication solution offers seamless, AI-powered verification, helping prevent account takeovers through biometric analysis. With its advanced matching algorithms, Veriff ensures high security for digital services, providing users with convenient, reliable access via facial recognition.
Best Crypto Solution – Zenza Capital, RYO Coin The RYO Project is a comprehensive cryptocurrency solution, integrating LIFE Wallet, Global Mall, and a Crypto ATM Network to create an easy-to-navigate digital payment ecosystem. Built to high regulatory standards, RYO aims to make cryptocurrency transactions accessible and secure, bridging digital and physical finance for everyday users.
These winners illustrate the dynamic potential of fintech solutions to transform financial services through innovation, efficiency, and security. As the industry continues integrating cutting-edge solutions, these companies set the standard for the next generation of financial technology.
