Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, December 08 2022 - 23:51
TerraPay wins the “Best use of data” award at the prestigious Banking Tech Awards 2022
LONDON, December 8, 2022, /PRNewswire-AsiaNet/--

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 

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 
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SOURCE - Terrapay