This competition is organized by Mohr World Consulting, LLC at 16135 SW 109 Street, Miami, FL under the dba RemTECH Awards. Except where indicated otherwise all copyright and other rights that subsist in the home page and in the sub-domain pages of the www.remtech.org (“the Website”) are owned by Mohr World Consulting, LLC at 16135 SW 109 Street, Miami, FL
The RemTECH Awards is a new brand of participatory industry recognition awards where the aim is not to declare overall-encompassing winners but to highlight special characteristics of entries submitted based on qualities that the Judging Panel wants to bring attention to. In this way industries, can be ignited by many ideas that are brought forward by individuals, groups & companies from all over the world, shaping the innovation pathways to the future.
The Remittances Innovation Awards (RemTECH Awards or just “Awards” here mentioned) have been developed to showcase the most innovative and outstanding technological ideas designed to improve remittance services worldwide.
The award winners will be companies, groups, collectives or individuals that come up with ground-breaking solutions that benefit the market ecosystem, improving transparency, speed, cost and reliability for the companies and end-users that send and receive remittances every day.
The Competition is opened to all those willing to send their submissions according to the Awards categories and rules as outlined in the website. Anyone sending a submission will be called an Award Entrant (AE) and their submission an entry. Other initials used in this Terms are Award Entry Representative (AER), JP for Judging Panel, AA for Awards Auditor, MWC for Mohr World Consulting, the organizer and WNE for Winning Notification Email.
The path send to entries, submissions for consideration in the Awards, is only by the use of the website following the instructions in there contained.
The Awards are open to all individuals, groups & companies from all over the world. An entry can be a project, service, product, research, campaign, or activity and you have been created, developed or released after June 30th, 2015 to be a valid entry. Anything relating to the period before June 30th, 2015 is not deemed relevant for these awards.
Entries will not be accepted via email unless the project officially announces it via the website or technical difficulties prevent the form or website from receiving submissions.
Each submission requires appropriate payment as instructed in the website. The entry fee can be waived by MWC if requested by an AE. The Entry fee is non-refundable.
Every Award Entrant (AE) whether it is a company, group or collective needs to name an Award Entry Representative (AER) who will handle all communications with the RemTECH Awards organization and whose email will be considered the AER’s ID. Such representative will be the only person authorized by the AE to discuss all matters related to the entry, the information provided, any clarifications and receive winning information if any. MWC will not be liable for the actions or non-actions of the designated representative. The AER can release the representation to another individual sending the organizer an email using the same email provided by the AER naming the new AER.
The dates in the website are subject to change. MWC reserves the right to cancel or amend the Competition or the Rules if an event outside of our reasonable control occurs (e.g. a catastrophe, war, civil or military disturbance, act of God). Changes will be displayed on the Website.
Employees of MWC, or any of their subsidiary and associated companies, agents or members of their families or households, are not eligible to enter the Competition. Members of the immediate family of any member of the JP, as well as employees of the same company where the JP member works currently, are also excluded. This does not exclude employees of sponsors, media partners, partners and their subsidiary and associated companies who are eligible to enter the competition.
We have selected the following categories to guide the AE and the Judging Panel (JP). An entry can compete in one or several categories, either by the choosing of the AE or the JP.
• End User Experience
• Social Impact
• Innovative Agent Solution
• Back-Office Solution (FX Management/ Treasury/ Customer Service)
• RegTech/ Compliance/ KYC/ AML/ CTF
• Social Impact
• Business Service / B2B-B2P-P2B.
• We also have an OPEN category for the out-of-the-box ideas that can’t fit in any other mold.
Categories are subject to change in favor of ease of judging i.e. if there are too many submissions for one category and the organizers decide to split the category in two. AE can submit multiple entries and the same entry can be entered in different categories but a different entry name must be used to highlight different characteristics of the entry.
Each entry submitted will be posted in the website. After the online voting starts, entries can acquire as many votes as possible; voters can cast one vote per 24 hour period. AE can promote the voting of their entries by using all legal and marketing permitted forms. AE can use social media or any other fair way to gather votes. Entries will stay open when voting starts and continue till close to the JP having their first meeting. Popularity of entries is a judging criterion but the most popular entries will get their own awards.