The Jury of the EURO FINANCE TECH Award has set three finalists for the award in the category "Best Cooperation Bank / Fintech". After intense discussions in the jury, the verdict fell. Especially in the category "best cooperation", it was difficult to obtain a clear jury vote. The jury had to examine how the cooperation was concretely designed. The focus was on how the partners work together without giving up their independence or how the cooperation works on the bank's business model? Overall, the jury had a challenging task. Apart from that, the competition was strong. That is why the jurors examined very carefully. Finally, three startups were able to prevail from the many applications. Clark, NDGIT and Quantoz have made the shortlist for the coveted EURO FINANCE TECH Award.
The start-up Clark simplifies the issue of the insurance industry. The company has developed an application that manages and optimizes the customer's insurance portfolio. In doing so, the company determines how the customer is insured and specifically proposes to the customer improvements in his insurance cover. Clark reads the necessary data via an interface to the customer's account. The customer gives his consent in advance.
PSD2 is the keyword for NDGIT. The Munich based company is a service provider for banks and develops API interfaces for financial institutions. As a further product, NDGIT offers APIs that allow banks to add additional value to their customers. With these additional services, banks are evaluating their service and tying customers.
With Quantoz an old acquaintance made it on the shortlist. The Dutch-German fintech is focussed on blockchain. The technology-driven startup develops technical applications based on blockchain. For example, QUASAR is a block-based payment solution that allows people, but also machines, to send and receive money. All three startups cooperate successfully with banks. The prizes will be awarded at FinTech Headquarter after the EURO FINANCE TECH conference. Save your ticket for the afterparty now.