Payment Cloud Technologies & Change Account Shortlisted for Best FinTech Partnership at Banking Technology Awards
October 31, 2017
London, UK. 31st October 2017 – Payment Cloud Technologies (PCT), the London-based FinTech business, and Change Account, the award-winning challenger bank, are delighted to have been named as finalists for Best FinTech Partnership at the highly-respected Banking Technology Awards.
PCT and Change Account’s shortlisting recognises the businesses’ joint achievement in delivering an innovative challenger bank at a fraction of the usual time and cost, and their successful partnership approach to account delivery. Change Account currently works with over 60 partners across multiple sectors including, Charity, Housing Associations, Local Authorities, as well as 40 credit unions to deliver easy to manage transactional account alternatives to their customers.
Ian Hossack,CEO, The Change Account, commented; “New technology and innovations are driving positive social and economic change. PCT’s banking vision technology allows Change Account to serve over 1.5m adults in the UK who do not have access to core banking functionality. We are delighted to partner with PCT, and all our distribution partners, who collectively share our vision to make access to banking services fairer to all while driving competition in the market.”
The shortlisting builds on Change Account’s growing reputation as a competitive financial institution, having secured Best Use of Technology in Online Banking at the UK Financial Services Experiences Awards in July. In October, PCT was named Leading Emerging Payments Organisation at the Emerging Payments Awards, demonstrating the combined strength and pedigree of the businesses’ strategic partnership.
Change Account is powered by PCT’s innovative cloud-based digital banking platform, bank.VISION. The proven, powerful technology enables Change Account to offer its customers more than just the benefits of a standard current account, with innovative digital wallets that subdivide spending, saving and bill payments. The result is a truly inclusive current account that makes money-management easy.
Ian Clowes, CEO, Payment Cloud Technologies, said: ‘’We are delighted to have secured further recognition from the industry at such a prestigious awards for financial services. Change Account was one of our earliest partners and we are delighted that, powered by PCT’s bank.VISION, it has already proven successful as a genuine alternative to the high-street banks. We look forward to sharing in this continued success at the full Banking Technology Awards ceremony in December.’’
The Banking Technology Awards, now in their 18th year, recognise excellence and innovation in the use of IT in financial services worldwide, and the people who make it happen. The awards ceremony and gala dinner will be held at the Millennium Hotel London Mayfair on 13 December 2017.
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