PR99140

LONDON, December 8, 2022, /PRNewswire=KYODO JBN/--

The renowned Banking Tech Awards awarded TerraPay, a leading global payments

infrastructure company, with the 'Best use of Data' award for the year 2022.

Over the last 23 years, the Banking Tech Awards has been recognising and

honouring excellence and innovation in the use of IT in financial services

worldwide, along with the people who make it happen.

The ‘Best Use of Data’ award recognises TerraPay’s commitment to building

innovative payment solutions for partners and empowering them with efficiency,

security, transparency, and the power of data. In July 2021, TerraPay

established a full-fledged, dedicated Analytics function. Over the course of

the last 1.5 years, the company invested deeply in this function to implement

reporting and complex analytics use-cases which have radically improved the

scale and quality of decision-making logic, new product development and helped

build thought leadership.

“We are really excited and honored to be recognised by the coveted Banking Tech

Awards for our continuous efforts in building innovative payment solutions,”

said Mr. Ambar Sur, Founder and CEO, TerraPay . “I would like to congratulate

the TerraPay Analytics team for the countless efforts they have put towards

achieving TerraPay’s goals. We look forward to our continued innovation in the

fintech industry as we bridge the digital payment gaps,” he added.

Commenting on the recognition, Mr. Saransh Verma, Director-Analytics, TerraPay

said, “I want to express my sincere gratitude to the Banking Tech Awards for

recognising us. TerraPay embarked upon the Analytics journey in July 2021 with

the aim of enhancing productivity, facilitating data-driven decision across

TerraPay and empowering partners with insights that help in business growth. I

would also like to   thank our partners and the entire team at TerraPay whose

support has been the driving force in the analytics function achieving its

objective.”

The Banking Tech Awards are owned by FinTech Futures, the definitive source of

news and analysis of the global fintech sector. The awards were determined by a

panel of analyst judges  and announced at the award ceremony at Royal Lancaster

Hotel in London.

About TerraPay

Headquartered in The United Kingdom, TerraPay believes that the smallest

payment deserves a borderless journey as safe as the largest. The company has

been building an ever-expanding payments highway that empowers businesses to

create transparent customer experiences with an uninterrupted, secure, and

real-time global passage for every payment, however small or large. Licensed

and approved across 26 global markets, TerraPay companies are a leading global

partner to banks, mobile wallets, money transfer operators, merchants, and

financial institutions, creating a more expansive and inclusive international

financial ecosystem. With access to a payments infrastructure that spans the

globe, their partners become beacons of the promise of global financial

inclusion.

For more details, visit terrapay.com

https://mma.prnewswire.com/media/1964305/Banking_Tech.jpg

https://mma.prnewswire.com/media/1222771/TerraPay_Logo.jpg

SOURCE - Terrapay