The winners of the MEA Finance Banking Technology Awards 2024, held at the Ritz Carlton DIFC, Dubai UAE, were presented on the 9th of May in a ceremony enthusiastically attended by more than 300 senior executives and their honoured guests from the region’s banking and financial technology providers.
These prestigious annual awards showcase the innovative achievements and industry shaping highlights of businesses and leaders across the banking, finance, fintech and financial technology sectors.
Organized by MEA Finance Magazine and widely considered as the pinnacle recognition for banking technology excellence across the region, the awards underscore the genuine innovations and stand-out performance of institutions in the banking, fintech and financial technology space in our highly competitive market.
With nominations for the awards exceeding the highs of the previous year, emphasising the growth of, and more competitive nature of the regional financial technology market, evaluation of the awards was rigorous. The judging panel of experienced industry experts selected fifty-eight winning categories following focused consideration and research of the nominees’ entries. Understanding of clients needs and the wider societal impacts of the actions and implementations of their activities were among the key considerations.
The awards were presented in three groups, firstly for technology vendors, followed by banks and financial institutions and finally for financial technology leadership.
Here follows the full list of the MEA Finance Banking Technology Awards 2024 winners:
TECHNOLOGY PROVIDERS:
- Digital Banking Provider of the Year – Backbase
- Islamic Digital Banking Provider of the Year – Ajman Bank and Codebase
- Best Islamic Fintech Solutions Provider – DDCAP Group for ETHOS AFP
- Best Cybersecurity Provider – Trend Micro
- Best Core Banking Solution Provider – OpenCheq
- Best Core Baking Solutions Provider – Adria Business and Technology
- Best User Experience Solution Provider – Skiply by RAKBANK
- Best Data Management Solution Provider – haifin
- Best Risk Management Solution Provider – ACI Worldwide
- Best Mobile Banking Services Provider – Comviva Technologies
- Best Analytics Solution Provider – haifin
- Most Innovative Cloud Services Provider – DiXio
- Best Collection Solution Provider -Loxon
- Best Trading Infrastructure Provider – Premium Technology
- Best Testing, Consulting & Managed Services Provider – SR Intelligent Technologies
- Best Payee Verification Solution Provider – Swift
- Best Open Banking & API Solutions Provider – IBM & GBM Dubai
- Most Innovative Payment Solutions Provider – Arab Financial Services (AFS)
- Best Integrated Payments Systems Provider – Global Software Solutions Group, GSS
- Best Retail Payment Provider – Network International & GBM Dubai
- Best Wealth and Investment Technology Provider – swissQuant
- Best Corporate Taxation Technology Initiative in the UAE – Virtuzone
- Best Best Digital Transformation Consultancy Firm – 4most Ltd
FINANCIAL INSTITUTIONS:
- Digital Banking Innovation of the Year – Mashreq
- Best Digital Innovation in Islamic Banking of the Year – Dubai Islamic Bank for alt
- Best Neobank – Mashreq
- Best Cybersecurity and Risk Management Implementation – RAKBANK
- Best Core Banking Technology Implementation – Banque Saudi Fransi
- Best Islamic Banking and Finance System Implementation – Aafaq Islamic Finance
- Best Data Management – Mashreq & GBM Dubai
- Best Analytics System – Emirates NBD
- Best Mobile Banking Services – First Abu Dhabi Bank
- Most Innovative Emerging Technology Implementation – Mashreq Bank
- Best Hybrid Cloud Implementation – Emirates NBD & GBM Dubai
- Best Cloud Implementation – National Bank of Fujairah
- Best Innovation in User Experience – Al Maryah Community Bank
- Best Innovation in Retail Banking – Dubai Islamic Bank
- Best Innovation in Corporate Banking and Finance – Commercial Bank of Dubai
- Best Innovation in Investment Banking – Mashreq Bank
- Best Innovation in Trade Finance – haifin
- Best Innovation in Trade Finance – KSA – Riyad Bank
- Best Best Regulation Technology Solution – First Abu Dhabi Bank
- Most Innovative Trading Platform- National Bank of Fujairah
- Best AML/KYC Solution – First Abu Dhabi Bank
- Best FinTech Solutions Implementation – Appro Onboarding Solutions
- Best AI Technology Implementation – Emirates NBD
- Best Open Banking & API Implementation – Mashreq
- Best Branch Digitisation Implementation – Commercial Bank Of Dubai
- Best Corporate Payment Service – Mastercard Gateway
- Best Risk & Compliance Implementation – Emirates NBD
- Best Debt Collection System Implementation – Qatar National Bank and Loxon
- Best Retail Payment Implementation – RAKBANK for Skiply
- Best Treasury Management Implementation – National Bank of Fujairah
LEADERSHIP AWARDS:
- Technology CEO of the Year – Mahmoud AbuEbeid, CEO & Co-founder, Global Software Solutions Group, GSS
- Financial Services Technology Executive Award – Thomas Cherian, Chief Information Officer, Commercial Bank of Dubai
- Digital Transformation Leader of the Year – Samih Abutaleb, Deputy Group CEO – Technology & Operations, Ahli United Bank
- Technology Leadership Award – Srinivasan Sampath, Group Chief Information Officer, First Abu Dhabi Bank
