Banking Tech Awards: GFT, Engine by Starling and Salt Bank win for digital banking innovation

London, 05 December, 2024 – GFT has triumphed at the prestigious 2024 Banking Tech Awards having won the Best Use of Tech in Retail Banking prize. This accolade emphasises GFT’s global leadership in digital banking on modern platforms and our transformative collaboration with Engine by Starling and Salt Bank, which has set a new benchmark in digital banking innovation.

The winning project involved building and launching a digital banking platform in 12 months for Salt Bank, leveraging Engine by Starling’s advanced SaaS-based cloud-native technology. This platform enabled Salt Bank to streamline operations, significantly enhance customer experience, and introduce innovative financial products tailored to modern consumer needs.

“Salt Bank’s pioneering approach and Engine by Starling’s robust technology empowered us to achieve remarkable results,” said GFT Co-CEO Marco Santos. “This recognition validates our commitment to creating agile, future-ready banking solutions that benefit clients and their customers alike.”

Salt Bank’s digital transformation addressed core industry challenges, including inefficiencies in legacy systems and limitations in scalability. The solution boosts operational efficiency and accelerates new service rollouts.

The Banking Tech Awards celebrate excellence and innovation in financial services globally. GFT's engagement with Salt Bank and Engine by Starling stood out for its impact, scalability, and future-proof design. The collaboration exemplifies how partnerships between financial institutions and technology providers can redefine banking.

Shilpa Doreswamy, Retail Banking Sector Director, GFT commented: "What a fantastic night this was for GFT as we won the Best Use of Tech in Retail Banking at the 2024 Banking Tech Awards alongside our partners Engine by Starling and Salt Bank for setting a new benchmark in digital banking!"

"The build and launch of Salt Bank in just 12 months emphasises GFT’s global leadership in digital banking on modern platforms and it has been an honour to be part of such a wonderful team and collect the award on the night."