Award Categories


This is a global awards scheme. The judges look forward to receiving entries from organisations that have embraced Open Banking across the world!

Here is the full list of award categories that you can enter. The entry deadline is Friday 28 May 2021.

Once you find a relevant category, click on it to reveal the criteria for entering.

It is important to register for an account early, as once you have done so you will be able to access the online entry form and see what information you need to provide. Don't worry, you can come back later and complete the form. You can even save your entry as a draft and come back later by logging into the 'LOGIN / REGISTER' tab to complete it. 

To get access to the entry form, select 'ENTER NOW' and register to set up an account. You will receive an email; click on the link to validate your account or add the validation code. You will need to do this before you can complete your entries.

Any questions, please contact hello@openbankingexpoawards.com .

IMPORTANT

The qualifying period for entries is 1 January – 31 December 2020. All submissions should provide evidence of success during this period. 

 

Entries are invited from organisations that have partnered to create an open banking product for consumers. The entry may be submitted by either company in the partnership.

Judges will be looking for evidence of success in one or more of the following criteria:

  • Solving a real customer need and/or requirement based on quantifiable market research and/or customer feedback •
  • Ease of access to new financial products that the customer might not have otherwise had access to
  • Commercial success
  • Innovation; for example, the product offering or customer journey
  • Uptake in consumer adoption
  • Offering the best value to the customer
  • Customer satisfaction
  • Technical, process and systems performance
This item is not available

Entries are invited from organisations that have partnered to create an open banking product for SMEs. The entry may be submitted by either company in the partnership.

Judges will be looking for evidence of success in one or more of the following criteria:

  • Solving a real business need and/or requirement based on quantifiable market research and/or customer feedback
  • Ease of access to new financial products that the customer might not have otherwise had access to
  • Statistics showing an uplift in customer/business acquisition and/or retention
  • Commercial success
  • Innovation; for example, the product offering or customer journey
  • Uptake in consumer adoption
  • Offering the best value to the customer
  • Increasing the customer’s productivity, efficiency and profitability
  • Customer satisfaction
  • Technical, process and systems performance
This item is not available

Entries are invited from any company type; financial institutions, fintechs, third party providers (TPPs), data recipients, etc

Judges will be looking for evidence of success in one or more of the following criteria:

  • Offering a superior proposition to customers; for example, enabling them to make better financial decisions, increase their savings or investments, or expand the choices that are available to them
  • Showcasing deep categorisation of data to uncover real value such as; spending patterns, sources of income, debt (including assistance where required) and identity verification
  • Commercial success
  • Innovation; for example, the customer experience journey or how it has improved the lives of customers
  • Uptake in user adoption
  • User satisfaction
  • Technical, process and systems performance
This item is not available

Entries are invited from any company type; financial institutions, fintechs, third party providers (TPPs), data recipients, etc

Judges will be looking for evidence of success in one or more of the following criteria:

  • Offering a superior proposition to SMEs; for example, enabling businesses to manage their finances better. This could include – but is not limited to – financial management, payments, cash flow, ID verification, loans, accountancy and tax, debt management or consent management tools.
  • Commercial success
  • Innovation; for example, the customer experience journey or how it has improved clients’ productivity, efficiency and profitability
  • Uptake in user adoption
  • User satisfaction
  • Technical, process and systems performance
This item is not available

Entries are invited from all organisations offering Open Banking services to consumers or SMEs that can demonstrate what activities they have undertaken during the qualifying period to set them apart as a strong advocate of frictionless commerce. This will have resulted in improvements to the customer experience and a corresponding uplift in user adoption and business performance.

Judges will be looking for evidence of success in one or more of the following criteria:

  • Offering a standout, frictionless offering to consumers or SMEs
  • Improvements to the customer experience and a corresponding uplift in user adoption and business performance.
  • Commercial success
  • Innovative use of technology
  • User satisfaction
  • Technical, process and systems performance
This item is not available

Entries are invited from all organisations offering open banking services to consumers that can demonstrate what activities they have undertaken to help vulnerable customers, particularly in the areas of mental health and over-indebtedness. Entries are also invited from organisations that have harnessed Open Banking data to distribute fairer and faster funds to customers in the wake of the Covid-19 pandemic.

Judges will be looking for evidence of success in one or more of the following criteria:

  • Initiatives that have advanced social & financial inclusion, and assisted customers on the path towards financial rehabilitation
  • Statistics to demonstrate the success of the initiative
  • Innovative use of technology
  • User satisfaction and/or customer testimonials
This item is not available

Entries are invited from anyone in the industry nominating an organisation or individual who has tirelessly championed and made significant strides in the implementation and evolution of domestic and global Open Banking standards placing them as a true advocate of Open Banking. 

This item is not available

Entries are invited from third party providers that use APIs developed to Standards to access customer’s accounts, in order to provide account information services and/or to initiate payments. Third Party Providers are either/both Payment Initiation Service Providers (PISPs) and/or Account Information Service Providers (AISPs).

Judges will be looking for evidence of success in one or more of the following criteria:

  • Commercial success
  • Innovative use of technology, for example solving a critical business and/or consumer need or requirement
  • Driving better business results for clients
  • Uptake in user adoption
  • User satisfaction
  • Meet the compliance and regulatory framework in its specific region
  • Technical, process and systems performance.
This item is not available

Entries are invited from users or providers of Banking-as-a-Service solutions.

Judges will be looking for evidence of success in one or more of the following criteria:

  • Commercial success
  • Innovative use of technology
  • Helping clients offer faster, better and cheaper financial products
  • Improvements in the customer experience and a corresponding uplift in user adoption and business performance
  • User satisfaction
  • Technical, process and systems performance.
This item is not available

Entries are invited from users or providers of digital identity solutions.

Judges will be looking for evidence of success in one or more of the following criteria:

  • Commercial success
  • Innovative use of technology
  • Helping clients offer a frictionless customer onboarding process whilst maximising security, usability and customer privacy
  • Improvements in the customer experience and a corresponding uplift in user adoption and business performance
  • A reduction of customer drop off rates
  • User satisfaction
  • Technical, process and systems performance.
This item is not available

In 2020 Open Banking Implementation Entity launched the #PowerOfTheNetwork initiative to showcase the industry’s response to the Covid-19 crisis, by raising awareness of existing beneficial propositions, and by highlighting the potential of new propositions to address the pandemic. Entries are invited by users or providers of relevant propositions during the crisis, and all fees from entering this category will be donated to The Money Charity.

Judges will be looking for evidence of success in one or more of the following criteria:

  • Examples of speed to market with timelines
  • Ability to quickly solve and/or ease the economic impact or financial inclusion issue arising from the pandemic
  • Ease of use by the end customer/business
  • Adoption/usage levels with clear evidence to substantiate the entry.
This item is not available
Sponsored by:

Entries are invited from users or providers of payments solutions that have allowed easier access for third party providers or enabled financial institutions to comply with the regulations and broaden their own service offerings.

Judges will be looking for evidence of success in one or more of the following criteria:

  • How the solution has enhanced the speed and increased the security of transactions for merchants
  • Making a real case for transforming and fixing a pain point in the disbursement of payments
  • Showcasing a significant reduction in payment costs with demonstrable statistics
  • Improvements to the customer experience and a corresponding uplift in user adoption and business performance
  • Commercial success
  • Innovative use of technology
  • User satisfaction
  • Technical, process and systems performance.
This item is not available

Entries are invited from organisations that have adopted the principles of Open Banking to give consumers and businesses more control over a wider range of their financial data, such as savings, insurance, mortgages, investments, pensions and consumer credit. The entry may be submitted by a solutions provider or the organisation providing services to the customer or business itself.


Judges will be looking for evidence of success in one or more of the following criteria:

  • Demonstrable opening up of a wider range of financial products and services to the transformative impact of third party data sharing
  • Commercial success
  • Innovative use of technology
  • Offering the best value to the customer
  • Improvements to the customer experience and a corresponding uplift in user adoption and business performance
  • User satisfaction
  • Technical, process and systems performance.
This item is not available

Entries are invited from successful sandbox initiatives during the qualifying period.

Judges will be looking for evidence of success in one or more of the following criteria:

  • Initiatives that offered the best ease of access
  • High usage activity
  • End products that were taken through to market
  • Products that addressed a specific need in society, solving a key business challenge or further informing regional regulation where applicable as a result.
This item is not available

Entries are invited from organisations that have utilised open banking data to bring new products to market, offer more value to customers or streamline processes, for example credit application forms, I&E assessments, affordability checks or onboarding processes.

Judges will be looking for evidence of success in one or more of the following criteria:

  • Demonstrable opening up of a wider range of financial products and services, and offering better value to customers
  • Showcasing deep categorisation of data to uncover real value, such as spending patterns, sources of income, debt (including assistance where required) and identity verification
  • Showcasing how the use of Open Banking data has saved time, money and enhanced the customer experience
  • Commercial success Innovation; for example, the product offering, customer journey or time saved during business processes
  • Uptake in consumer adoption and customer satisfaction Technical, process and systems performance 
This item is not available