I am thrilled to share that Chaser has won the AI in Fintech award at the Global Fintech Awards 2024. As part of the Fintech Live 2024 conference in London, these awards recognize incredible innovations and achievements across the Fintech industry. After being shortlisted in September, it is an honor to have Chaser's software recognized with an award among some of the most innovate fintech businesses in the UK.
Held at the iconic 155 Bishopsgate, the ceremony gathered top innovators, thought leaders, and pioneering companies, all committed to advancing financial technology in transformative ways.
This year, the awards highlighted a wide array of groundbreaking achievements, from artificial intelligence and digital banking to sustainable fintech solutions. With 51 finalists across 12 categories, the awards night recognized those driving financial innovation forward, paving the way for a more accessible, secure, and sustainable future in finance.
Chaser team members Joey Cleary, Amaya Woods, Katan Patel, Inga Schibsted and Krissie Chapleo at the Fintech Awards ceremony in London.
FinTech LIVE London not only hosted the awards but also offered an exciting platform for attendees to engage with top executives, participate in cutting-edge discussions, and access an elite network shaping the future of the financial industry. This two-day event series—along with upcoming shows in Dubai, Singapore, and New York—continues to connect fintech professionals worldwide, pushing the boundaries of what technology can do for finance.
Chaser was recognized with the AI in Fintech award for its help supporting businesses with one of their most pressing issues (late payments), by using AI and automation.
Chaser received this award for its newly released technology that is helping organizations around the world to reduce late payments and protect their revenue with the help of artificial intelligence, including:
This AI-powered feature analyzes customer payment history and trends to assign each customer a rating of “Good,” “Average,” or “Bad,” helping businesses quickly identify payment risks. By categorizing customers based on their likelihood of paying on time, organizations can better prioritize follow-ups and protect their revenue flow.
Leveraging AI, the Late Payment Predictor generates a probability score for each invoice, forecasting the likelihood that it will be paid late. This enables finance teams to proactively address high-risk invoices and take early action to reduce overdue payments.
Using data-driven insights, this AI feature suggests the best time and day to send payment reminders to customers, ensuring that follow-ups happen when they're most likely to prompt action. By automating optimal reminder timing, businesses can improve collection efficiency and enhance cash flow reliability.
These three features were praised by judges at the Fintech Awards 2024 for helping businesses efficiently and effectively reduce late payments and mitigate their negative impacts on cash flow.
The Global Fintech Awards 2024 celebrated a wave of transformative solutions reshaping finance, underscoring the vital role that innovation plays in making financial processes more efficient and secure. Chaser is deeply honored to be among this year’s winners and looks forward to continuing our mission to empower businesses through advanced technology, helping them address critical challenges and secure their financial futures.
View the full list of winners here, and register your interest for the 2025 Global Fintech Awards ceremony here.