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12.10.2018

32nd Alpbach Finance Symposium
UniCredit Bank Austria’s “FinTech Award Alpbach 2018” goes to Private Alpha

  • “FinTech Award Alpbach 2018” awarded for the first time at the Alpbach Finance Symposium
  • The prize is sponsored by UniCredit Bank Austria

UniCredit Bank Austria’s “FinTech Award Alpbach 2018” was attributed to Private Alpha at the 32nd Alpbach Finance Symposium. The award, which was presented for the first time this year, includes a prize of EUR 5,000.
 
Susanne Wendler, Area Head Corporate Clients at UniCredit Bank Austria: “I would like to congratulate Private Alpha on the ‘FinTech Award Alpbach 2018’. At UniCredit Bank Austria, we see digitisation as a driver of change in the banking business. In this process, FinTechs are important sources of ideas and impulses for the established banks. We therefore see FinTechs as an enrichment and as an opportunity. The aim of our digital transformation is to enhance efficiency and, most importantly, to further improve the experience of our customers.”
 
2018 was the first year that a FinTech Centre was set up as part of the Alpbach Finance Symposium. Five selected FinTechs were invited and had the opportunity to present themselves to the participants of the symposium, who also selected the prizewinner. The prize is sponsored by UniCredit Bank Austria.
 
Private Alpha is a fast-growing FinTech firm that combines proven investment strategies with artificial intelligence. The result is a combination of validated financial market indicators, algorithms and new insights gained through AI. More than 6,000 listed companies are included in the analysis.
 
UniCredit counts on digitization as a key criterion for the transformation and development of the entire group. UniCredit will invest EUR 1.7 billion across the group in IT and digital innovation through 2019.

Enquiries:             
UniCredit Bank Austria Press Office
Franziska Schenker, Tel.: +43 (0)5 05 05-51417
E-mail: franziska.schenker@unicreditgroup.at

Printable photos are available for download on our website presse.bankaustria.at. Printing the photo is free. Copyright: UniCredit Bank Austria.