JFIA 2020 Overview
“Japan Financial Innovation Award 2020(JFIA2020)” was inaugurated in 2020 to promote innovative initiatives in the financial area by adopting information technology and to sharing best practices in the industry, and expects to further expand open innovation beyond corporate groups and business sectors. JFIA2020 consists of 3 categories, including Startup, Financial Institution, and Collaboration. FINOLAB, the FinTech Center of Japan, administrated the evaluation process by extracting about 300 innovative initiatives from press releases during the year 2019. 5 category winner were selected by a group of professionals, FINOVATORS, based on judging on innovation, growth, and transformation, and announced were on Mar. 9. After further evaluation, the Grand Prix and Category Excellence for each category was announced at the Future Frontier Fes by FINOLAB (4F).
Title
Japan Financial Innovation Award 2020 Ceremony
(at Future Frontier Fes by FINOLAB )
Date and Time
Mar. 23, 2020, 5:30PM – 7:30PM (JST)
Host
FINOLAB Inc.
Co-Host
FINOVATORS
Language
English
Admission
Free
Channel
YouTube FINOLAB CHANNEL
Future Frontier Fes by FINOLAB (4F)
“4F” is an annual event for various stakeholders of financial innovation to gather and discuss their future action. There, the JFIA Award Ceremony, FINOPITCH (a pitch contest by domestic and foreign startups) and its award ceremony, various lectures, keynote speeches and panel discussions are held. It started in 2020 with the aim of becoming a participatory festival where stakeholders of innovation can share their experience and information, as opposed to a conventional conference.
JFIA 2020
Grand Prix and Category Excellence
Grand Prix
Remarks :
Creative approach to develop flexible infrastructure for banks
Startup Category Excellence
Remarks :
Promoting corporate cashless payment and efficient expense management
Financial Institution Category Excellence
Remarks :
Expanding new ecosystem by making Bank API accessible
Collaboration Category Excellence
Remarks :
Collaboration beyond industry sector, making use of regulatory sandbox to improve security to prevent financial crime