Award Categories

We would like to award those who have excelled in the field of Financial Inclusion, Payment Systems, Banking and other Financial Services . The award categories are as follow:

1. Financial Inclusion

  • Aadhaar Initiative 

    This category seeks nominations from all those organisations that are doing exemplary work in the Aadhaar initiative and contributing towards inclusive growth.

  • Direct Benefit Transfer (DBT) Initiative 

    This category seeks nominations from all those organisations that are doing exemplary work in the Direct Benefit Transfer (DBT) initiative and contributing towards inclusive growth.

  • Orgnisation of the year 

    There are lots of organisations which are working in the domain of financial inclusion. This category invites nomination from all such organisation which is contributing in having effective financial inclusion in the country.

  • Access to banking and financial services 

    You can nominate any of yours Financial Inclusion Programme carried out by your organisation which is intended towards improving the access to banking and financial service.

  • Advocacy 

    This category seeks nomination from any organisation which has substantially influenced public-policy and resource allocation decisions within political, economic, and social systems and institutions for effective implementation of financial inclusion in the country.

  • Business innovation 

    Any projects or programmes run by financial institutions which is brining remarkable change in the life of the people and thereby encompassing the inclusion of large number of people in the mainstream, be it finance, education, health etc. This category seeks nomination from all such organisations.

  • Capacity building and financial literacy 

    Financial literacy is very important for improving the ability of common-man to make effective financial decisions with respect to their present and future welfare. This category seeks nomination from all the organisations which are making exemplary contribution for capacity building and financial literacy across the globe.

  • Corporate social responsibility 

    CSR is a way through which an organisation achieves a balance of economic, social and environmental imperatives, while at the same time addressing the expectations of shareholders and stakeholders. This category invites nomination for initiatives which are positively impacting the life of the people.

  • Empowerment of marginalised 

    Empowerment in a development intervention means involvement of poor and marginalised people in decision making and thus results into the empowerment of those people. This category seeks nomination from all organisation either government or private which are working for the empowerment of marginalised people.

  • Gender Empowerment 

    According to Planning Commission of India “Gender empowerment is conceived as a process by which women can overcome many of the hurdles that they face such as education, work status, employment opportunities, health care, social responsibility, position in decision making by virtue of their gender.” This category invites nomination from the organisations which are focusing on gender empowerment in the country.

  • Housing 

    This category seeks nomination from organisations which are working for ensuring that each members of the society have a home to live in.

  • Health 

    There are lots of organisations which are working for financial inclusion and with improved financial capability; people are able to have quality healthcare services. This category seeks nomination from organisations which are contributing exemplary way in this domain.

  • Livelihood promotion 

    This category seeks nomination from organisations which are working for enhancement of effectiveness of national poverty reduction and livelihood programmes.

  • Livelihood linkage 

    This category seeks nomination from organisations which are promoting self-employment and organisation of rural poor.

  • ICT based innovation 

    Access to financial services is a big challenge in developing nations. This category seeks nomination from oganisations which are focusing on ICT based innovation for effective implementation of DBT and other financial inclusion schemes

  • Micro-insurance 

    Providing an insurance coverage to economically vulnerable section of the society is very important aspect of welfare of the people. This category seeks nomination from all the organisation which are providing micro-insurance policy to the people.

  • Micro-finance 

    Microfinance is basically a form of financial services for entrepreneurs and small businesses lacking access to banking and related services. This category invites nomination from all such organisation which is contributing positively in this domain.

  • Pensions 

    This category seeks nomination from organisations which are providing innovative service for pension holders.

  • Payments 

    This category seeks nomination from organisations which are providing outstanding financial services by creating excellent payment system and contributing to the inclusive growth of nation’s economy.

  • SME enablement 

    This category seeks nomination from organisations which are creating opportunity for small medium enterprises to effectively implement the financial inclusion in the country.

  • Rural Health 

    Governments across the word are focusing on Health program for improving health care delivery across rural areas. This category seeks nomination from organisations which are doing outstanding work in rural healthcare.

  • Health Insurance 

    Health insurance protects you and your family from the high cost of health care. This category seeks nomination from organisations which are doing outstanding and innovative work in the area of health insurance.

  • Financial Inclusion in Health Sector 

    There are lots of organisations which are working for financial inclusion and with improved financial capability; people are able to have quality healthcare services. This category seeks nomination from organisations which are contributing exemplary way in this domain.

  • Financial Inclusion Initiative by a PSU 

    Public sector units in the country have been contributing in all round development of the nation. This special category invites nomination from PSUs which are working for financial in the country.

  • Financial Inclusion Initiative by a Government Department 

    Government of India and state governments is rolling out lots of services and schemes intended toward larger inclusion of the people in the financial system. This category invites nomination from such government organisaiton which is doing exemplary work in this area.

  • Financial Inclusion Initiative by a Cooperative Bank 

    This award category seeks nominations from all those cooperative banks that have delivered exemplary services and contributing to the expansion of financial inclusion in the country.

2. Banking Technology

  • Industry Infrastructure Initiative 

    Banking Technology in infrastructure marks the highest level of professional achievement in deploying all forms of IT initiatives. This category invites nomination from all the organisations that are taking initiatives to enhance banking technology.

  • Institutional Infrastructure Initiative 

    Institutional Infrastructure requires initiatives with expertise banking technology. This category invites nomination from the organisations which have taken initiatives to enhance their infrastructure by using Banking Technology.

  • Internet Banking Service 

    Technology is a pre-requisite in providing internet banking services to the citizens. This category invites nomination from the organisations which are using banking technology effectively to provide internet banking services to the people.

  • Security Initiative 

    Various organisations are constantly taking initiatives in information technology with the increased focus on security. This category invites nomination from the organisations which have taken IT initiatives in ensuring security.

  • Trading Platform or Venue 

    Banking technology today is used in various trading platforms and venues. This category invites nomination from the organisations which have used banking technology in their trading platform or venues.

  • Use of IT in Retail Banking 

    Retail banking is undergoing enormous transformation as market consolidation and the increasing use of technology extends the reach of banks from local to national and global markets. This award category invites nomination from the organisations which are using banking technology in retail banking.

  • Use of IT in Investment Banking 

    Information Technology is used effectively in investment banking. This category invites organisations that are using IT in their investment banking sector.

  • Use of IT in Wholesale/Transaction Banking 

    The role of IT becomes more crucial when it deals with wholesale banking which involves large institutions. This category invites nomination from the organisations which are using IT in Wholesale/ Transaction banking.

  • Use of IT for the purposes of risk/regulatory change 

    Information Technology is used to regulate changes and to manage risks in the system. This category invites nomination from the organisations which are using IT for the purpose of risk and regulatory change.

  • Use of Mobile Technology in Financial Services 

    Mobile devices such as smart phones and tablets are transforming the way people work in the financial services industry.  This category invites nomination from the organisations which are using mobile technology to enhance financial services.

  • CIO of the Year 

    The CIO of the Year Award has the aim to give recognition to the best performing CIO in the year 2013. The performance aspects being measured entails IT performance, IT agility and project performance/attractiveness.

  • IT Team of the Year 

    This award recognizes the collective effort of IT Team that has exemplified an outstanding level of commitment towards IT implementation.

  • Outstanding Contribution by a Female in Financial Technology 

    This award recognizes and gives recognition to the most outstanding contribution by any female in financial technology.

  • IT for Operational Effectiveness 

    Information Technology today allows organisations to maximize the use of their inputs by developing solutions to enhance operational effectiveness. This category invites nomination from the organisations which are using IT in enhancing their operational effectiveness.

  • Managing IT Risk 

    IT risk management can be considered a component of a wider enterprise risk management system. This Award recognizes managerial expertise of an organization which has effectively managed IT risk in their respective organization.

  • Core Banking Product/Service 

    Banking technology is used in providing core banking product services. This award category invites nominations from the organisations which have used banking technology in providing core banking product services.

  • Corporate Actions Automation Product/Service 

    Having a technologically advanced solution incorporating automation and workflow plays a central role in corporate actions processing that are dependent on accurate and timely corporate actions management. This award category invites the nomination of organisations which are using banking technology to enhance corporate actions to automate its products and services.

  • Enterprise Data Management Product/Service 

    Data Management has become indispensable for businesses to facilitate the seamless flow of information, augment business agility and boost their competitive advantage. This category invites nomination from the organisations which have used banking technology to manage their enterprise data.

  • Financial Crime Prevention Product/Service 

    The financial services industry, with its dynamic and competitive environment, will always attract financial crimes. The first and best strategy is prevention, identifying and stopping fraudsters at the point of application. This award category invites nomination from the organisations which have used banking technology to prevent financial crime.

  • Governance Risk & Compliance Product/Service 

    IT risk management can be considered a component of a wider enterprise risk management system. This Award recognizes expertise of government organization which has effectively managed IT risk in their respective organization.

  • Post-trade Processing Product/Service 

    After a trade is complete, it goes through post-trade processing, where the buyer and the seller compare trade details, approve the transaction, change records of ownership and arrange for the transfer of securities and cash. This award category invites nomination from the organisations which use banking technology in post-trade processing of products and services.

  • Trading System 

    This award recognizes the excellence of any organization that has used innovative technology in enhancing trading system.

  • Health IT 

    Health information technology provides the umbrella framework to describe the comprehensive management of health information across computerized systems and its secure exchange between consumers, providers, government and quality entities, and insurers. This award category invites nomination from the organisations that are working effectively in enhancing IT in health sector.

  • Technology in Rural Health 

    Technology in rural health care is playing a prominent role in changing the development scenario of India. This category invites nomination from the organisations which are working in rural health care by using effective Information Technology.

  • Technology Initiative by a Cooperative Bank 

    This award category seeks nominations from all those cooperative banks that have leveraged technology to provide better services. This initiative includes implementation of technology or usage of technology by a cooperative bank.

  • IT Implementation in NBFC (Non Banking Financial Company) 

    This category seeks nominations from all those NBFCs (Non Banking Financial Companies) who have done exemplary IT implementation in their organisation. Also, this category seeks nominations from all those IT companies who have implemented innovative IT product or services in NBFCs.

3. Payment System

  • Online Payments Solution 

    Companies who have done exemplary work in facilitating money transfers to be made only through online means are invited to nominate in this category. They function as a fast and secure electronic alternative to traditional methods as cheques and money orders.

  • Mobile Payments Solution of the Year 

    The growth and viability of mobile commerce (m-commerce) relies heavily on the existence of a payment utility that is convenient, easy to use, trackable and secure. a solution provider who has done exemplary work in providing m payment solution will be felicitated under this category.

  • Multi-Channel Payments Solution 

    Customer demand for the ability to pay anywhere, through multiple channels and at any time is rapidly increasing. A solution provider who meets this need generated in the market, will be felicitated under this award category.

  • Contactless Payments Project 

    The most robust solution which enables payment transactions that require no physical contact between the consumer payment device and the physical point-of-sale (POS) terminal, will be recognised under this award category.

  • In-Store Payments Solution 

    Those who offer clients a variety of payment methods, perfectly suited to your mobility, flexibility and management requirement, are invited to nominate in this award category.

  • Technology Provider of the Year 

    The best technology solution provider fostering Financial Inclusion

  • Online Technology Provider of the Year 

    This category will reward one of the companies who are the technology solution provider fostering Financial Inclusion through brining best of the technology solution in the online space.

  • Anti-Fraud/Security Solution of the Year 

    This category will reward one of the companies who are focused on protection against fraud. This category will recognize the exemplary initiative by a technology provider in building a strong security shield to resist online frauds.

  • CRM Programme of the Year 

    This category seeks nomination from organisations which are implementing Customer Relationship Management (CRM) Programme and making the best use of it in the domain of financial inclusion.

  • Merchant Acquiring Project 

    This category will reward one of those companies who have done exemplary work in the business of facilitating payment through debit or credit card at retail outlets. The business would include acquiring bank identification numbers (BINs) from the schemes, as well as managing services for PoS terminals among others. The managed services would include deployment of POS terminals at customer locations, their replacement, merchant training and maintenance, to name a few.

  • Retailer of the Year 

    This category will reward one of those companies who have done exemplary work at the various stages of organized retail and which helped them in finding good business opportunity in the financial inclusion domain. These companies have also contributed in financial inclusion in consolidated retail markets with high levels of unbanked customers.

  • Financial Services Institution of the Year 

    This category will reward one of those companies who have done exemplary work as a financial institution, an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries. Most financial institutions are regulated by the government.

  • Best Alternative Payments Project 

    The payments industry is undergoing significant change, with a growing number of new entrants threatening the status quo as they look to capitalise on this changing landscape. This category looks to recognise those payments providers who offer alternatives to the traditional routes of cash and cards – e.g. electronic wallets, mobile payments, e-payments and money transmission services. Judges will be looking for offerings which demonstrate innovation, strong user feedback, number of transactions and accounts.

  • Cash Initiative of the Year 

    This category looks to recognise Companies who have taken exemplary initiatives to make the transition from cash to digital payments to achieve the shared goals of empowering people and growing emerging economies.

  • Best Use of Social Media 

    Digital outreach medium, and Social Media platforms like Facebook, twitter, YouTube, blogs, Google hangout, Flickr, Foursquare etc. are playing a critical role by involving millions of people in real time. Social media is the illustrious & most potent democratic tool of empowerment, promotion, participation, commerce, cause, campaign, activism, among others. Social Media and Empowerment as a category would like to invite all those organizations and initiatives who are using Social Media effectively to meet their mission and needs.

  • Compliance Project of the Year 

    This category will reward the most effective compliance project by a financial services provider. Nominations may be for a single project or for an overall strategy. The winning entry will be able to demonstrate how the strategic use of technology has enabled compliance with governmental regulations. The submissions should show how the compliance strategy adds business benefits and furthers the organisation’s opportunities for future success.

  • Best Prepaid Card Programme 

    This category will reward the company focused on delivering best-in-class prepaid solutions that are scalable, reliable, and comprehensive – supported by customer care excellence. The companies who deliver integrated solution which provide uncommon value to financial institutions, giving users the tools they need to easily integrate prepaid solution into existing operational or servicing tools.

  • Cashless Health Payments 

    This category will reward one of those companies who have done exemplary work in delivering cashless health payment services and contributing to Financial Inclusion. Cashless Health Payments include Cashless health insurance, cashless hospitalization, cashless health reimbursement and  other cashless health services.

  • Online Health Payments 

    This category will reward one of those companies who have done exemplary work in offering a secure patient billing system to help make online patient bill paying faster.

4. Mobile Banking

  • Overall Mobile Banking Application 

    This category is for various kinds of Financial Institutions that conducts a number of financial transactions through a mobile device such as a mobile phone or personal digital assistant.

  • Mobile Application Design 

    Mobile Banking refers to provision and availability of banking- and financial services with the help of mobile telecommunication devices. This award is for companies that are involved in designing various Mobile applications in the mobile banking space.

  • Multiplatform Service 

    This is a special category for those companies that can provide a single mobile banking application which can be executed on virtually any mobile operating system, giving end-users an optimized user experience, taking on the behavior and usability features native to the smartphone.

  • Tablet Application 

    The first step in delivering a great tablet app experience is making sure that it meets the core app quality criteria for all of the devices and form factors that the app is targeting. This award is for the best tablet application provider in the mobile banking space in terms of usability and better user experience of the consumer.

  • Stockbroking Application 

    Stockbroking is the activity of buying and selling of stocks and other securities for both retail and institutional clients, through a stock exchange. This unique award category is for all those companies that promise to provide the best stockbroking application on the mobile phones.

  • Payment Feature 

    In Mobile Payment system, instead of paying with cash, cheque, or credit cards, a consumer can use a mobile phone to pay for a wide range of services and digital or hard goods. This category is for the companies that provide a free flow and the best mobile banking payment feature in terms of customer ease and understanding.

  • Shopping and Ticketing Feature 

    Shopping and Ticketing through mobile phones has become a very common phenomenon. This category is for the companies that provide a safe, secure and fast shopping and ticketing feature to the customers.

  • Insurance Feature 

    This award is for the companies that let you manage and access your bank accounts quickly and securely from your mobile phone even when you’re miles away from your bank branch or your computer.

  • Banking Technology 

    Banking Technology empowers, connects and banks the customer in a much efficient manner. This award category is for the companies that are providing the best technology for banking services through mobile phones.

  • Health Services on Mobile 

    Health services on mobile aims to empower underserved communities by developing sustainable systems that increase access to health promotion, disease prevention and health care services. This award category is for those organisations that are providing effective health services on mobile phones.

  • Online Health Services 

    Health services are maintained and improved through the advancement and application of health science. Online Health Service category is for those companies that are providing health services through various online portals.