Chinese Central Bank Issues Slew of Fintech Awards to the China Financial Certification Authority

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The People’s Bank of China (PBOC) officially issued a raft of awards for fintech applications to the China Financial Certification Authority (CFCA) on 6 January.

The awards dispensed to CFAC as part of the 2019 Bank Tech Development Award (2019年度银行科技发展奖) announced in October included:

  • The 2nd place award for “Electronic Evidence Preservation and Judicial Services Platform” (电子证据保全及司法服务平台).
  • The 2nd place award for “Mobile Software Integrated Quality Guarantee Plan and Platform” (移动端软件一体化质量保障方案及平台).
  • The 3rd place award for “Lightweight Mobile Financial Security Solution Plan Based on Mobile Terminal Trusted Environments” (基于移动终端可信环境的轻量化移动金融安全解决方案).

The Bank Tech Development Awards were first established by the Chinese central bank in 1992, and are the only awards issued to member of China’s financial sector by an authority of the central government.

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