In conjunction with the launch of its Digital Wallet Database, Aite Group has announced a new awards program, the Digital Wallet Innovation Awards. These awards will honor and recognize innovation achieved by digital wallet providers that are changing the way that commerce is done. Award recipients will be 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 will be selected by a global panel of experts on digital payments and wallets, and the awards will be announced August 27, 2019, at MPC19 at the Swissôtel Chicago.
Nominations are now being accepted across five categories as follows:
- Customer experience
- Merchant experience
- Product design
- Value-added services
- Market adoption
Submissions will be accepted through May 31, and the following requirements will need to be met in order to nominate:
- Only digital wallet providers or individuals with explicit consent from their organizations can submit the nominations.
- Nominated innovations must be in production.
- All nominees must be willing to allow Aite Group to publicly announce and describe their initiatives, should they win.
“We are excited to announce this new awards program in conjunction with the Mobile Payments Conference,” said Thad Peterson, senior analyst at Aite Group. “Digital wallets are leading an explosion of innovation in the payment ecosystem, and it’s great to have an opportunity to recognize the leaders of this revolution.”
“We’re honored to partner with the payments industry thought leaders at Aite Group to showcase innovators in digital wallet solutions at MPC19,” said Marla Ellerman, executive director of the Mobile Payments Conference. “Enabling frictionless mobile payments is our primary focus of the event, so the Digital Wallet Innovation Awards and the results of Aite Group’s research will be a high point for the fintech decision-makers and innovators in attendance.”