Open Banking Expo Awards 2022 winners revealed

Ellie Duncan
08 Jul 2022

The winners of the Open Banking Expo Awards 2022 have been revealed, with money-saving app Snoop scooping two awards for the second consecutive year, while the UK Government’s Open Banking provider Ecospend has also been recognised.

The winners were announced at a black tie ceremony in London yesterday (7 July) in association with Comma, and recognised the innovators, disruptors and visionaries from across the global Open Banking community.

Snoop was named the winner in the Best App – Consumer and Best Use of Open Banking Data categories, with the judges remarking on how “user centric” the app is.

Payments provider Ecospend took home the award for Best Third Party Provider UK, after the judging panel agreed “it is hard to find any other organisation that’s made such an impact over the past year”. It also won in the Best Use of Open Banking by a Non-Financial Services Company category – one of three new categories in this year’s Awards.

This year, the Open Banking Pioneer Award – Individual was awarded to Nick Down, head of payments at HMRC, in recognition of his work implementing Open Banking across the organisation’s tax regimes.

Speaking to Open Banking Expo about his award win, Down said: “First and foremost, I’m genuinely astonished about it – delighted as well. The real pioneers here are the people in HMRC’s payments strategy team. They believed in it, they’re incredibly creative and energetic, and I’m very proud of them.

“It’s also really nice seeing UK Government being recognised for doing something pioneering.”

Data sharing ecosystem specialist Raidiam was named the winner of the Open Banking Pioneer Award – Organisation at the ceremony, with the judges pointing to its “influence when it comes to developing the data security framework in the UK and Brazil”.

The winners were agreed by a stellar panel of judges, representing the full spectrum of the Open Banking ecosystem. The judging, which took place in May, was co-chaired by David Parker, CEO of Polymath Consulting and Dr Ruth Wandhofer, CEO of Leximar and chair of the PSR Panel.

Payit by NatWest, Crezco, OneBanks Hub, Circit, Currensea and CRIF were among the other winners, while Yapily and Comma won in the Best Open Banking Partnership – Commercial category, for which Credit Passport by CRIF Realtime / Penny was highly commended.

Entertainment was provided by magician and member of the exclusive Inner Magic Circle Roberto Forzoni, and award-winning comedy compere Stephen Grant.

To see the full list of winners and those that were highly commended, click here.