De La Rue Analytics wins Top FinTech Prize

Friday, 28 September 2018 00:00 - - {{hitsCtrl.values.hits}}

De La Rue was announced as the ‘Currency Technology Provider of the Year’ for its DLR Analytics service at Central Banking’s Inaugural FinTech and RegTech Global Awards. The awards look to celebrate those leading in both the public and private sector for their work in FinTech and Regtech.

The awards focus on the most exciting and innovative work taking place in the sector and recognise real product innovation and genuine partnership. Since its launch in 2017, De La Rue Analytics now has over 70 central bank customers around the world, providing them with actionable and global insights.

Rachel King, chairperson of the FinTech and RegTech Global Awards commented: “De La Rue has long been a trusted partner to the world’s central banks. Now their new solution, DLR Analytics, provides their clients with an answer to some of the industry’s trickiest questions: how to forecast the demand for cash. The software leverages central bank data to aid them making decisions about substrate choice, banknote lifespan and denomination volumes. Central banks are now learning more about their nation’s cash cycle than ever before, and De La Rue has been a major part of this process.”

Commenting on the award, Martin Sutherland, CEO of De La Rue said: “We are delighted to be recognised by the FinTech and RegTech Global Awards. With cash continuing to grow globally, and new, more secure and durable options to choose from, it is critical that Central Banks can make fact-based decisions based on the global insight we can offer. DLR Analytics is already helping them and our work will also have a clear impact on the ways Central Banks manage their cash supply chain for years to come.”