Why Submit

Why Submit?

A BAI Global Innovation Award provides enduring recognition and global visibility of groundbreaking achievements in financial services innovation worldwide. Winners and finalists benefit from an elevated status as an innovator and industry visionary.

Participants in the awards program can expect:

  • Industry Visibility: Each year, the program draws leaders from top financial services organizations around the globe. Winners will be featured in different BAI content platforms, providing broad exposure of their organization’s achievement.
  • Prestige Among Peers: Prominent innovators throughout the global financial services industry are recognized internationally through announcements and PR citing their achievements, which can sometimes lead to relevant business opportunities. Winners and finalists gain an elevated reputation for the innovative culture and accomplishments of their organization.
  • Innovation Insights: Access to an innovation repository of actionable insights and new products and service ideas from past winners and finalists, who are world leaders of financial services innovation.

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.

Participants Have Said…

“The best benefit of being a participant in the BAI Global Innovation Awards is that you can measure yourself, since you are competing with the biggest players around the globe. Thus, you always have to find unique and seamless innovative solutions that both your customers and your market will benefit from, and they should be distinctive enough to make you win the global innovation race. You have a very good chance to see what other innovators are doing and what is their approach to banking innovation; as well as you can learn about different perspectives and different innovative products all around the globe.”
– DenizBank (Turkey), Most Innovative Bank of the Year winner

“Immediately after [winning Honorable Mention], the award attracted media attention and it was a good opportunity for us to publicize our service. And in the longer term, the award gave us credibility for business development and alliance discussions with other companies, recruiting, etc.”
– Jibun Bank (Japan), Honorable Mention for Disruptive Business Model winner

“Participation in the BAI Global Innovation Awards was one of the most important steps taken by Alior Bank toward becoming internationally recognized and proven as a dynamic, innovative organization. BAI also provided the opportunity to meet great people, share experiences and establish interesting contacts – especially with new partners and technology providers. If you can be recognized as a company that has global impact in terms of redefining business-as-usual in retail banking, why not try?”
– Alior Bank (Poland), Innovation in Internal Process Improvement winner

“Winning this award further reinforces our commitment and investment in innovation. Our aim is to make significant breakthroughs by integrating innovative ideas, technologies, processes, and talented people. We have recently established an innovation center which greatly facilitates creativity, innovation, and staff engagement as part of our mission to build an integrated digital banking platform with an “omni-channel” approach in order to continually improve customer experience…. The awards served as a great reminder to always be open to new initiatives, new thinking, new collaboration, and new ways of doing business. We gained many insights and witnessed emerging trends among the winning innovations of financial institutions from across the world, some of which have truly disrupted the market. These experiences will undoubtedly spur us on to make further innovations in our banking operations.”
– Bank of East Asia (Hong Kong), Most Innovative Bank of the Year and Channel Innovation winner

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