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Jul 28, 2016

Finalists Announced for BAI’s Global Banking Innovation Awards

CHICAGO, IL. (July 27, 2016) – Finalists for the 2016 BAI Global Banking Innovation Awards have been announced – showcasing this year’s top innovators within the financial services industry worldwide. The 15 finalists selected represent the most forward-thinking leaders transforming the industry. Finalists and winners will be celebrated at BAI’s new immersive conference, BAI Beacon, in Chicago, October 5-6, 2016.

BAI serves as a global hub for connecting forward-thinking organizations and leaders who are changing the face of the industry, and established the BAI Global Banking Innovation Awards to be a catalyst for innovation in the financial sector.

“BAI’s role within the financial services industry is to deliver actionable insights and new perspectives on innovation,” said Holly Hughes, Chief Marketing Officer for BAI.” This annual awards program brings the best and brightest innovative organizations to the forefront of our industry, so we can collectively – and globally – continue to build upon each other’s innovations and continuously evolve what financial organizations can deliver to customers.”

The awards categories, and finalists for each, are:

Product and Service Innovation

  • CaixaBank S.A. - imaginBank
  • DenizBank - Fast Loan for SMEs
  • Wells Fargo - CEO Mobile® biometrics
  • DenizBank - Quick Menu via O-BAI

Channel Innovation

  • Mizuho Financial Group - Use of Humanoid Robots “Pepper”
  • First National Bank - FNB Unified API Platform
  • Westpac Bank - Westpac Live
  • Emirates NBD - Emirates NBD-Innovative Digital Banking Services through its Mobile Banking App

Innovation in Societal and Community Impact

  • BAC Credomatic - "Yo Me Uno” (I am in)
  • First National Bank - The WesBank Uber Driver Model – supported by FNB Vumela
  • DenizBank - Logging In To E-Government Service Through Internet Banking
  • Turk Ekonomi Bankasi - TEB Women Banking

Innovation in Payments

  • CaixaBank S.A. - Risk Modelling Innovation through Data Analytics
  • CBW Bank - Digital Banking Platform for Real-time, Contextual and Conditional Payments Across Multiple Channels
  • America First Credit Union - Card Guard® from America First Credit Union

Innovation in Internal Process Improvement

  • CaixaBank S.A. - Virtual Assistant in Foreign Trade WATSON
  • Alior Bank S.A. - Smart Collect
  • Citi Retail Services - Citi Retail Services’ Entity Linkage Framework (ELF)
  • Türk Ekonomi Bankasi - HIPPO-Gamified Sales Platform
Honorable Mention – Most Innovative Non-Bank Financial Services Organization
  • NerdWallet - NerdWallet’s Checking Account Tool

Disruptive Innovation in Banking

  • Mizuho Financial Group, Inc. - Use of humanoid robots “Pepper”
  • Alior Bank S.A. - Smart Collect
  • CaixaBank S.A. - Virtual Assistant in Foreign Trade WATSON
  • DenizBank - Logging In To E-Government Service Through Internet Banking

Most Innovative Community-Based Banking Organization

  • WSFS Bank
  • America First Credit Union
  • CBW Bank

Most Innovative Bank of the Year

  • First National Bank
  • CaixaBank S.A.
  • DenizBank
  • Türk Ekonomi Bankası

Visit https://www.bai.org/globalinnovations for more information about the Awards. To learn more about BAI Beacon, visit BAIBeacon.com.

For further information please contact:
Jennifer Divelbiss BAI, Chicago, USA
jdivelbiss@bai.org
+1 (312) 683-2346