Celebrating Innovation That Moves the World Forward
Innovation is what creates better businesses, improves the quality of our lives, and drives positive change. And it’s as powerful and necessary in the financial services industry as anywhere. BAI’s Global Innovation Awards exists to be a catalyst for innovation in the financial services industry worldwide. So that together, as global innovators, we will move the industry forward. Because a strong financial services industry helps consumers, businesses, and communities thrive.
Since 2011, the BAI Global Innovation Awards program has connected forward-thinking financial services organizations and leaders who are changing the face of the industry and positively impacting profitability, efficiency and customer experience. To date, the awards program has received thousands of nominations from financial services organizations all over the world, becoming a catalyst for innovation and one of the most prestigious awards in the financial industry.
BAI is a catalyst in three ways: by celebrating achievement, delivering actionable insights, and connecting leaders. We recognize and celebrate leaders in innovation through the world’s premier financial services innovation awards program. We deliver actionable insights and new perspectives on innovation – to educate, inspire, and supply new perspectives. And we are a global hub for connecting financial services organizations and leaders shaping the financial industry of the future.
- Consumer Products or Services
- Customer Experience
- Human Capital
- Internal Process Improvement or Business Model
- Small Business Products or Services
- Societal & Community Impact
Who Should Submit?
Financial services organizations providing products and services directly to consumers or businesses, most likely as: retail banks, investment banks, wealth management firms, commercial banks, brokerage firms, insurance companies, fintechs, alternative lenders and startups.
At this time, the Awards program does not recognize vendors that self-nominate for providing services to banks. The financial service must be provided directly to the consumer. Or, applicable fintech companies should highlight their relevant innovation as a collaboration with a bank to illustrate the success of the innovation.
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].
Why Should You Submit?
A BAI Global Innovation Award provides enduring recognition and global visibility of groundbreaking achievements in financial services innovation worldwide. Winners and finalists of the highly prestigious awards program benefit from an elevated status as an innovator and industry visionary, realizing both internal and external rewards.
We encourage self-nomination from leading financial services organizations as well as nominations from solutions providers, media and public relations firms and industry analysts on behalf of their clients.
How are Submissions Judged?
BAI has hand-picked a prominent, international group of industry innovators to serve as judges on the Innovation Circle. Together, they will review applications, identify potential award nominees, and select the category winners as well as the Outstanding Achievement Award winners (See categories page for more information).
Who are the Judges?
The Innovation Circle is a select panel of distinguished judges and advisors from around the world, who are at the forefront of innovation. Each judge adds a distinct perspective and deep industry knowledge to the BAI Global Innovation Awards, enriching the evaluation process and sharing their insights through dedicated content published by BAI and beyond. The Innovation Circle regards all applications, finalists and award winners with respect and confidentiality.