Dinner & Ceremony

29 April 2021

JW Marriott Grosvenor House
Park Lane London

Award Categories

Best Benefits or Loyalty Scheme

Entries will be accepted from card brands, issuers, merchant acquirers, retailers and other payments companies for payments related benefits and loyalty schemes launched between 1 January 2019 and 31 August 2020. Judges will be looking for examples of benefits packages or linked loyalty engagement programmes, where entrants can demonstrate how they have addressed customer needs and targeted an attractive value proposition to specific customers to drive increased engagement / loyalty, improve sales and overall benefits to both customer and provider. For acquirer entries, judges will want to see innovative merchant programmes that incentivise and reward customers. Great programmes are only great if they have increased loyalty. Please note that entries should be submitted by the organisation that has the direct interface with the end payer or the merchant offering the service.

Best Consumer Credit Card or Credit Facility

Sponsored by Visa

Entries are invited for credit card products (including charge cards) and credit facilities available to consumers between 1 January 2019 and 31 August 2020. As an ‘of the year’ category, submissions must be in respect of products that have been either launched or are existing products which have been refreshed and repromoted during the qualifying window. Judges will be looking for products which offer best value to the customer, show creative or innovative elements and can demonstrate commercial success delivered during the reporting period. Please note that entries should be submitted by the organisation that has the direct interface with the end payer or the merchant offering the service.

Best Industry Innovation

Sponsored by Fiserv

Entries are invited from all industry participants. Judges will be looking for innovations implemented or launched between 1 January 2019 and 31 August 2020, which have increased the organisation’s competitiveness and effectiveness and could be considered firsts in the market. An innovation can be a product, service, technology, system or procedure.

Open to these groups

Best Initiative from an SME

This award is open to all industry participants from small and medium enterprises (fewer than 250 employees and turnover of less than £40M), who can demonstrate success of an initiative launched between 1 January 2019 and 31 August 2020. Judges will be looking for projects and innovations which demonstrate an increase in the organisation’s competitiveness and effectiveness in the wider market. Initiatives can be a product, service, technology, system or programme.

Open to these groups

Best Initiative in Digital Payments

Sponsored by TSYS, a Global Payments Company

Entries will be accepted from companies who offer facilities for any electronic payment or money transmission e.g. which do not necessarily require a physical card or card account. This could include mobile payments, electronic wallets, peer-to-peer payments, money transmission services, e-money, electronic vouchers or cheques and other digital payments propositions. Entries should cover initiatives implemented or launched between 1 January 2019 and 31 August 2020. Entries should be submitted by the organisation that has the direct interface with the end payer or the retailer / merchant that is offering the programme.

Best Initiative in Open Banking

Entries are accepted from any regulated provider using Open Banking to offer new or refreshed payment services to their customers. The initiative could relate to any part of the payment process, including personal and business current accounts, credit cards and online e-money accounts. Entries should refer to activity during the period 1 January 2019 to 31 August 2020. Please note that entries should be submitted by the organisation that has the direct interface with the end payer or the merchant offering the service.

Open to these groups

Best Marketing Campaign

Entries are invited for a payments-related marketing campaign executed between 1 January 2019 and 31 August 2020. Entrants should outline, within the context of an overall marketing strategy, how their organisation has used an integrated campaign to improve market share, drive sales, enhance customer loyalty and drive customer engagement, target specific or new markets etc. Please note that entries should be submitted by the organisation that has the direct interface with the end payer or the merchant offering the service.

NB. While look and feel is important in this category, proof of success is critical.

Best Payment Facility – non-credit

The award will go to the best payment facility (excluding credit card) available to consumers during the period 1 January 2019 to 31 August 2020. Submissions should be in respect of products that are new to the market or already existing but have been refreshed and repromoted during the qualifying window. Entries should clearly outline why the product was brought to the market. Judges will be looking for products with an innovative application which respond to customer needs, offer good value and which can evidence commercial success. Please note that entries should be submitted by the organisation that has the direct interface with the end payer or the merchant offering the service.

Best Payments Industry Newcomer

Sponsored by Mastercard

The Card and Payments Awards welcome entries for this exciting award which recognises a newcomer organisation that commenced operating no earlier than 36 months prior to 1 April 2020. The organisation will be offering a payments related service or product which is delivering value and benefit to any aspect of the payments ecosystem. The organisation will be making an impact through performance, innovation, value to stakeholders etc. It will deliver an innovative solution to a specific set of problems or indeed it may be creating opportunity. The judges will be interested to see that the organisation is performing well and gaining in traction with an initiative that promises longevity. The organisation might evidence developed relationships, implementations, contracts and other indications of positive performance.

Open to these groups

Best Processing Programme

Entries will be accepted from companies who offer processing facilities, in any part of the payments value chain, for card or account-based electronic payment. This can be in the physical or virtual environment. Where relevant, submissions can be in conjunction with other payment providers or the merchant customer. The entries must demonstrate that the implementation is effective and commercially viable. Entries may be in respect of a single significant project or programme, which does not have to be new during the reporting period, but results must refer to activity between 1 January 2019 and 31 August 2020. Entries should be submitted by the organisation that has direct interface with the end payer/ merchant offering the service.

Best Product Design

The judges will make this award to the card brand / issuer or payments provider who can demonstrate creative thinking behind the design of its card or digital payments interface. Qualifying designs will have been brought to market between 1 January 2019 and 31 August 2020. The design should stand out in the market and serve to enhance the relationship between customer and provider. Whether physical card or digital interface the judges will be looking for designs that are complimentary with the brand and can evidence that the design has performed well. Please note that entries should be submitted by the organisation that has the direct interface with the end payer or the merchant offering the service.

If you are submitting a card design please send 14 physical samples in addition to a high resolution image. If you are submitting a digital payments interface please submit high resolution images.

Best Security or Anti-Fraud Development

Open to card issuers, banking acquirers, retailers and other payment companies who will be expected to set out an innovative solution which has improved the security of customers’ transactions at any stage of the payment process or has protected the customer from internet, mobile or other card-not-present (CNP) fraud, identity theft, card interception etc. Submissions for your fraud prevention or detection initiative should focus on activity between 1 January 2019 and 31 August 2020. Please note that entries should be submitted by the organisation that has the direct interface with the end payer or the merchant offering the service.

Best Service to Business

Sponsored by Discover Global Network

This award will go to the card issuer or brand that can show how it has offered the best service focussed on the corporate customer (large or small). Judges will be interested in creative and innovative elements of the service, including how it can deliver value to users and also assist in managing costs and driving savings. The service does not necessarily need to be card-based. Results should reflect achievements during the period between 1 January 2019 and 31 August 2020. Please note that entries should be submitted by the organisation that has the direct interface with the end payer or the merchant offering the service.

Best Technology Initiative

This award will recognise card brands, issuers, banking acquirers or other payments companies who have leveraged new or existing information and communications technology in either an innovative or creative manner to deliver an innovative solution related to payments or indeed to create a new opportunity. Entries are encouraged from organisations which can demonstrate and measure the use of information technology as an enabler for business and customer advantage. The qualifying period is 1 January 2019 to 31 August 2020. Please note that entries should be submitted by the organisation that has the direct interface with the end payer or the merchant offering the service.

Changing lives in the Community

Entries are invited from all industry participants to demonstrate a project that has benefitted broader society. The judges will be looking for a successful community project illustrating results achieved between 1 January 2019 and 31 August 2020, which has effectively delivered its corporate and social responsibility objectives and has made a material and sustainable difference to the community/ stakeholder groups it is serving.

Open to these groups

Excellence in Operational Innovation

This award will recognise card issuers, brands, banking acquirers or other payment companies who can demonstrate how their Operations Teams have used and embraced innovation to positively impact on all their teams and employees, which leads to enhanced customer experience and value.  Entries should cover initiatives implemented or launched between 1 January 2019 and 31 August 2020. Case studies that could be considered could include examples such as:

  • Transformation staff training to embrace new technology and or evolving staff environments
  • An innovational approach that had a positive impact on staff well being
  • Virtual customer service initiatives
  • Digital services to enhance people and customer interactions
  • Attracting and retaining staff initiatives

Industry Achievement Award

Sponsored by American Express

This special award is open to all and will be presented to an individual or team who has had an influential impact on the industry. The achievement is likely to have made a significant contribution to the advancement and success of any aspect of the card and payments industry. Nominations may apply to anyone in the industry and are not restricted to financial institutions. The judges will nominate candidates that they feel qualify for this award; however individuals or organisations are also welcome to submit nominations by 21 September 2020. The nominations should consist of a maximum of 250 words detailing the achievement and why it should be recognised.

Open to these groups

Innovation in Retail Payments

This category is open to all organisations involved in the retail payments chain. Where appropriate, submissions can be in conjunction with their merchant acquirers, PSPs or other payments providers. The entry should demonstrate a proactive approach to embracing payments as a core part of the business strategy. The initiative or series of payments initiatives (supporting either online and / or face-to-face payments) should show what activities have undertaken during the qualifying period to set them apart as a strong advocate of frictionless commerce. This will have resulted in improvements to the customer experience and a corresponding uplift in business performance. The qualifying period is 1 January 2019 to 31 August 2020.

Open to these groups

Social Inclusion in Financial Services

This award is open to any qualifying entrant who has made a significant contribution to the advancement of socially inclusive treatment of customers. Entries should demonstrate how the customer is at the heart of the organisation’s business activities and how the organisation is delivering consistently fair outcomes to all consumers, is proactive about remedying any shortcomings and how social and financial inclusion is integral to their business culture and ethos. Entries may be in respect of a single significant project or programme, as well as those organisations who are seeking to cater to vulnerable consumers (demographically, financially or socio-economically). The qualifying period is 1 January to 31 August 2020.

Success in Customer Service

Entrants are invited from card issuers, their brands, merchant acquirers and other payments providers who can demonstrate a true understanding of their customers’ needs through the delivery of customer service excellence. Entry submissions should detail specific achievements and initiatives between 1 January 2019 and 31 August 2020 which show proof of the impact of an innovative customer care strategy on customer satisfaction and retention levels. Entries must be associated with the payment product (as opposed to general bank account servicing) or in the case of merchant acquirers with their merchant customers. Please note that entries should be submitted by the organisation that has the direct interface with the end payer or the merchant offering the service.

9
Call for Entries
June2020
5
Entry Deadline
October2020
16
Shortlist Announced
November2020
29
Dinner & Ceremony
April2021

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