The CashTech Innovation Awards
The CashTech Innovation Awards have been set up by the independent think tank CashEssentials to recognise innovations that facilitate access to and acceptance of cash.
CashTech is the encounter of cash and technology. It brings together innovative companies who leverage software and modern communications technology to improve cash services – including access for consumers and businesses; facilitating the acceptance of cash by retailers across all channels; and enhancing the overall efficiency, resilience and sustainability of cash.
As banks reduce their cash infrastructure (branches, ATMs and cash centres) in most advanced economies, CashTech has moved quickly into the open lane. Increasingly, it appears as a compelling addition and complement to traditional channels for the distribution and circulation of cash. Other innovators are enabling consumers to pay in cash, including for their online shopping.
The CashTech Innovation Awards will celebrate the huge advances being made in harnessing digital technology to ensure an accessible, reliable and sustainable future for cash. There are three categories.
• Best CashTech – open to all organisations.
• Best CashTech Innovator – open to start-ups and companies founded after 2016.
• Best CashTech Start-Up – open to start-ups companies founded after 2020.
The judges will be from among the members of the CashEssentials Steering Committee.
The presentation of the CashTech 2023 awards took place at a special ceremony during the Future of Cash Conference in Istanbul on 6-8 November 2023.