BAI Global Innovation Awards

Thank you for your interest in applying for the BAI Global Innovation Awards. Nominations for 2022 have now closed. Be on the lookout for information on award finalists and winners later this year. Finalists and winners be notified via email. Now in its 12th year, the BAI Global Innovation Awards is the financial services industry’s leading innovation honor, celebrating organizational achievements, such as pursuing bold solutions for leveraging customer insights; implementing new powerful technologies; or improving the lives of employees, customers, clients and/or communities. Collectively, the winners represent outstanding contributions by teams, individuals and business lines and provide inspiration from around the world.

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Video: Innovation trends

2021 Winners

2021 Finalists

Categories

2022 Judges

You’ll Be in Great Company

Past winners and finalists include teams from companies around the globe such as Alior Bank, BMO Harris, CaixiaBank, Citizens Financial Group, Emirates NBD, Fifth Third Bank, Live Oak Bank, Meridian Credit Union, Ping An Technology, Synchrony, USAA, Woodforest National Bank and so many more.

Your organization and team will be added to the list of trailblazers who have gone beyond the conventional wisdom to design and deliver significant innovations positively impacting customers, employees or communities.

Nominations are evaluated by a global panel of independent and distinguished judges, who are all at the forefront of financial services innovation. To learn more about the judges click here.

Who Should Submit?

We encourage self-nomination from leading financial services organizations, including:

  • Financial services companies, e.g., retail, commercial or community banks, neobanks, credit unions, insurance companies, monoline lenders, mortgage or payments companies, etc.
  • Technology, data, or other financial solutions provider
    (if technology provider, you must submit with customer/partner’s permission)
  • Fintech (B2B, B2C or B2B2C)
  • Other services companies in the financial services industry, such as advisors, consultants, marketing/PR agencies, analysts, media companies, are encouraged to nominate any of their financial services clients or partners

Award entries can be submitted as a collaboration between one or more companies.

If you have any questions about submitting a nomination, please reach out to us at [email protected].

Testimonials

“Being a BAI Global Innovation Awards winner is extremely meaningful because the criteria to enter examines how your project is alleviating societal issues and creating a lasting impact amidst others in the same category on a global scale. BAI has a unique, measurable program that showcases leading innovators in financial services. It’s a distinguished designation that rigorously analyzes which financial institutions are elevating communities who need it most.”
– Doug Schaeffer, Executive Vice President, Executive Director, CRA, Woodforest National Bank

“The recognition of Millie as a BAI Global Innovation Awards finalist further affirms Synchrony’s commitment to empowering women to achieve financial goals. Together we’re reaching more women in their daily lives with useful, insightful, and actionable content tailored to their needs and concerns when it matters most.”
– Samantha Melting, President, Synchrony Bank

“The BAI Global Innovation Award win was a huge feather in our proverbial cap. Not only did the award globally recognize our achievement as a relatively new South African Life Insurance business trying to make a difference to the lives of our customers, but also gave our incredible team a motivational boost – enabling us to use our globally validated thinking to take our business to new heights, always with our customers top-of-mind.

We continue to strive towards being a business that continually innovates and finds new ways to disrupt the market and improve customer journeys and experiences, with our Dynamic Life offering laying a solid foundation for us to build on. Thank you to BAI for providing us with the platform to do this – the exposure received has had an overall positive impact on our brand and is used to create trust with our customers when selling this excellent product.”
– Maxine Thulwanth, Product Manager, FNB South Africa

“The BAI awards recognise truly global leaders in innovation and it is humbling for the Commonwealth Bank of Australia to be named alongside winners from major US and European financial institutions. Being included in this impressive cohort of organisations that work every day to drive positive change for consumers, businesses and communities is great recognition for CommBank.”
– Ben Grauer, Commonwealth Bank of Australia