TerraPay, a leader in global payments infrastructure, has received the “Best Use of Data” award from the prestigious Banking Tech Awards for 2022. The Banking Tech Awards, which have been given out for the past 23 years, have celebrated and recognised excellence and innovation in the use of IT in financial services all around the world.

The “Best Use of Data” award honours TerraPay’s dedication to developing cutting-edge payment solutions for partners and giving them access to the power of data, efficiency, security, and transparency. TerraPay launched a comprehensive and focused analytics section in July 2021. The company has made significant investments in this function over the past 1.5 years in order to implement complex reporting and analytics use cases that have significantly enhanced the scope and calibre of decision-making logic, new product development, and assisted in creating customer leadership. thought.

“We are truly excited and honored to be recognized by the coveted Banking Tech Awards for our continued efforts in creating innovative payment solutions”, “I would like to congratulate the TerraPay Analytics team for the numerous efforts they have put into achieving TerraPay’s goals. We look forward to continuing to innovate in the fintech industry as we close the digital payment gaps.”

Mr. Ambar Sur , founder and CEO of TerraPay

“I want to express my sincere gratitude to the Banking Tech Awards for recognizing us. TerraPay embarked on the analytics journey in July 2021 with the aim of increasing productivity, facilitating data-driven decision making in across TerraPay and empower partners with insights to help grow the business. I would also like to thank our partners and the entire TerraPay team, whose support has been the driving force for the analytics function to achieve its purpose.”

Mr. Saransh Verma , Director of Analytics at TerraPay

FinTech Futures, the go-to source for news and analysis about the worldwide fintech business, is the owner of the Banking Tech Awards. The winners were announced during the awards ceremony at the Royal Lancaster Hotel in London after being chosen by a panel of seven judges.