The Bank for International Settlements (BIS) and the South African Reserve Bank (SARB), under South Africa’s G20 Presidency, announced the winners of the G20 TechSprint 2025 challenge focused on trust and integrity in finance, selecting three teams across digital identity, credit data portability and fraud and cyber risk mitigation for fast payments. Fifteen shortlisted teams from around the world presented solutions to an independent panel of judges convened by the SARB, following the TechSprint’s launch in May as the sixth edition of the G20 global hackathon. Ownapay SA (Proprietary) Ltd (South Africa) won the digital identity category for privacy-preserving technologies intended to establish trust among financial institutions; Silence Laboratories Pte Ltd (Singapore) won the credit data portability category for secure, consumer-consented data exchange to support cross-border sharing of credit information and improve small and medium-sized enterprise access to finance; and FNA and Proto (United Kingdom) won the fast payments category for solutions designed to reduce fraud and cyber risks to support wider adoption of fast payment systems globally.
Bank for International Settlements 2025-11-11
Bank for International Settlements and South African Reserve Bank announce winners of the G20 TechSprint 2025 on trust and integrity in finance
The Bank for International Settlements and the South African Reserve Bank announced the winners of the G20 TechSprint 2025 challenge, focusing on trust and integrity in finance. Ownapay SA won for digital identity, Silence Laboratories for credit data portability, and FNA and Proto for fraud and cyber risk mitigation in fast payments. The challenge, part of the G20 global hackathon, featured solutions from 15 shortlisted teams.