Phonovation has been announced as the overall winner of the third annual Deloitte Financial Services Innovation Awards.
The awards programme is run in partnership with Banking & Payments Federation Ireland and Financial Services Ireland.
The organisers say the awards recognise individuals and companies that are leading the way in innovation, using technology to address challenges and create opportunities, improving user experience and changing the way business is done.
Phonovation provides secure, reliable messaging and mobile identity services to businesses across the UK and Ireland, and also won the Most Disruptive Fintech category.
The judges cited the company’s Mobile ID service that enables financial institutions to securely register their banking app to the mobile phones of customers allowing them to send SMS one-time passwords.
Gulru Atak, Head of Innovation in Citi’s Institutional Clients Group, was recognised with the Leadership award. Within her role at Citi, Atak explores new business models, emerging technologies and partnerships, as well as driving innovation efforts in collaboration with other Citi teams.
Donal Lehane, Head of Financial Services at Deloitte, commented: “Businesses should take pride in the resilience and innovation they have shown over the last few years, and as they look forward to new challenges innovation will be central to adapting product lines and maximising customer experience and engagement.
“The companies both shortlisted and awarded this year showcase the breadth of innovation happening across the financial services sector in Ireland. I congratulate all of our winners.”
The other award winners are:
• Innovative InsurTech: Xtract
• Innovative Digital Platform: Enterpryze
• Innovative RegTech: Corlytics