FINANCIAL SERVICES AWARDS

When people are choosing who to trust with their money, what gives them confidence to choose you?

Finance PDF mock up 1

Get your copy of the Financial Services Recognition Workbook

Financial brands have a big responsibility to deliver security, service, value, innovation, expertise and responsible customer outcomes. But customers, partners and stakeholders must decide which organisations they trust with their money.

The FCA’s Financial Lives 2024 survey found that only 39% of UK adults had confidence in the financial services industry, while 36% agreed that most financial firms are honest and transparent in the way they treat them.

That creates a challenge and an opportunity for organisations with genuine achievements to make the proof more visible.

Trust is built through evidence

Awards are not a replacement for regulation, good customer outcomes or a strong reputation. But credible, relevant recognition can provide an independent signal that a financial brand has done something worth noticing: improving customer experience, innovating responsibly, increasing inclusion, transforming operations, supporting people or delivering measurable growth.

The Trust Signal gap

Financial services has a distinctive challenge. Customers cannot always fully assess a provider before placing their hard-earned money, information or future financial plans in its hands. They may be weighing promises about service, security, claims, investments, lending or payments. That makes credible, visible trust signals particularly important.

The opportunity is to turn specific evidence of strong outcomes into proof that people outside the organisation can see and understand.

Finance gap

Why trust matters now

The FCA describes strengthening trust as a cornerstone of its approach. Yet its Financial Lives 2024 research found only 39% of UK adults had confidence in the industry, while 36% felt most financial firms were honest and transparent.

Of course, every financial brand does not have a trust problem. But the FCA’s own research shows consumers can feel considerably more positive about a provider they know directly. So the opportunity is to turn specific evidence of good outcomes into visible, credible signals of trust that customers can believe.

What we’re seeing at August Recognition

FinTech & Digital Innovation in Financial Services delivered outstanding awards success, with over 92% of our submissions shortlisted over the last two years. Meanwhile, a 78.6% shortlist rate for advisory services shows the continued opportunity for recognition across the industry.

What makes a financial services story award-worthy?

Consider the challenge, action, evidence and impact. Ask:

  • What customer need, business problem or market opportunity existed?
  • What did you change, create or improve?
  • Why was your approach distinctive or difficult?
  • What measurable outcome did you achieve?
  • What evidence independently supports the claim?
  • Why does the result matter to customers, your organisation or the wider sector?

In a regulated sector, precision matters. Avoid overstating what winning an award proves and ensure customer claims, evidence and financial promotions remain appropriate.

Winner insight

Winning is the result. What you do with that recognition afterwards is where its wider business value can begin.

For financial services organisations, the right award can turn an internal success story into an independent proof point.

And it can give senior leaders, stakeholders, partners and commercial teams independent evidence that your organisation is delivering something worth recognising. Just like Alex Marsh, Former Head ofKlarna UK and MD of Close Brothers Retail Finance: 

Testimonial photo edited

Three financial services awards worth exploring

UK FinTech Awards

Celebrate innovation and achievement across fintech, from challenger businesses and technology-led customer improvements to leadership, growth and responsible innovation. Particularly relevant to organisations with evidence of adoption, product impact and market traction.

UK Fintech

Business Finance Awards

Celebrate excellence across business finance, including providers, fintechs, advisers, investors, consultants and in-house teams. Relevant for strong outcomes in innovation, performance and sector contribution.

Business finance

British Claims Awards

Recognise organisations, teams and individuals delivering outstanding claims service and support. Particularly relevant to claims experience, policyholder outcomes, service transformation and teams supporting customers at critical moments.

British Claims

Turn recognition into a business asset

Winning is the result. What you do with recognition afterwards is where its wider business value can begin. The right award can become an independent proof point for a specific achievement, strengthen reputation, and recognise the people behind the result.

A shortlist or win can be used across customer communications, websites and customer journeys, sales and marketing, tenders and bids, stakeholder engagement, recruitment, internal communications, leadership reporting, social media, PR and thought leadership.

Recognition is not proof that a product is suitable for every customer. It can, however, help make a particular, well-evidenced achievement more visible and credible.

Download the free Financial Services Recognition Assessment Workbook

Want to put these ideas into practice? Our free workbook helps you compare how visible your achievements are against three competitors and score your readiness for credible industry recognition.

Where could your organisation be under-recognised?

What has changed for your customers, your business or your market?

Where have you delivered measurable results that people outside your organisation may know very little about?

What would you like customers to believe about your expertise, service or organisation that they don’t fully believe today?

Because that is where the recognition gap may be.

Your organisation may already have the results.

Your teams may already have the evidence.

Your customers may already be experiencing the difference.

The opportunity is to turn that achievement into credible, independent proof.

If this toolkit has highlighted an achievement that deserves greater recognition, the next step isn’t to start entering every financial services award you can find, it’s to look at the opportunity strategically.

In a conversation with our awards experts, we can explore:

  • what your organisation has genuinely achieved;
  • which achievements have the strongest recognition potential;
  • where the most persuasive evidence sits;
  • which customer, commercial, operational and people metrics strengthen the story;
  • what you want recognition to help you achieve;
  • which awards are genuinely worth pursuing;
  • and how recognition could strengthen trust, credibility, differentiation and reputation.

Frequently Asked Questions

Founders and marketing leaders at fintech and challenger brands, and CX, digital, innovation, customer, people, operations and marketing leaders at banks, insurers, lenders, payments businesses, wealth firms and other financial-services organisations.

Customer experience, responsible innovation, financial inclusion, digital transformation, payments, fraud prevention, operational resilience, claims, service improvement, technology, leadership, people and culture, partnerships and measurable growth.

Start with what you have achieved and the evidence behind it. Then assess relevant awards against their criteria, audience and credibility.

August Recognition offers awards strategy, consultancy and expert entry writing to help businesses find suitable recognition routes and tell substantiated success stories.