Aite-Novarica Group, in partnership with MPC, recognizes innovative digital wallet providers leveraging best-in-class technology at an awards presentation during this year's Mobile Payment Conference, MPC22.
Boston, MA, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Aite-Novarica Group has announced the winners of the 2022 Digital Wallet Impact Awards. The awards, which were presented yesterday during the Mobile Payment Conference, recognize innovation achieved by digital wallet providers that are changing the way that commerce is done.
In its fourth year, the Digital Wallet Impact Awards program honors industry leaders that identify and implement new products, capabilities, and levels of automation and effectiveness that remove friction and add value to the consumer and merchant commerce experience. They are the pathfinders in the digital payment space. The winners across the four categories are as follows:?
- Customer Experience: GoCart
- Product Design:?PayQuicker
- Value-Added Services:?Netcetera
- Market Adoption:?Branch
The award winners and finalists were selected based on the following criteria, which were considered when scoring each entry:
- Level of innovation and competitive advantage?
- Market?need
- Impact on customer experience
- Impact on customer operational efficiency
- Level of new revenue opportunity for the financial institution
- Impact on customer retention/new customer attraction
- Level of scalability across customer base
- Future roadmap
"The term 'digital wallet' continues to evolve within the financial technology industry as the various types of value and 'items' one can hold in a secure digital state, including driver's licenses, vaccination cards, and NFTs, become more diverse," says Stewart Watterson, Strategic Advisor at Aite-Novarica Group. "The firms we are recognizing are the leaders in this space, and they are helping to redefine the category," he adds.
The winners were selected by a global panel of independent experts on digital payments and wallets. The identification of an Aite-Novarica Group award winner or finalist is not an endorsement by Aite-Novarica Group of any vendor, product, or service.
To request additional information about Aite-Novarica Group's Digital Wallet Innovation Awards, please contact us at pr@aite-novarica.com.
About Aite-NovaricaGroup:
Aite-Novarica Group is an advisory firm providing mission-critical insights on technology, regulations, strategy, and operations to hundreds of banks, insurers, payments providers, and investment firms-as well as the technology and service providers that support them. Comprising former senior technology, strategy, and operations executives as well as experienced researchers and consultants, our experts provide actionable advice to our client base, leveraging deep insights developed via our extensive network of clients and other industry contacts. Visit us on the weband connect with us on Twitterand LinkedIn.
About MPC:
MPC is the premier annual conference and exhibition on the future of alternative payments worldwide. MPC is known for bringing together thought leaders, innovators, and decision-makers from financial, technology, government, retail, marketing, and mobile industries to discuss the evolution of the payments industry. Attendees benefit from access to the world's foremost experts in emerging payments and commerce, blockchain and digital currencies, cybersecurity and consumer privacy, customer experience and loyalty, and customer engagement and marketing.
