Nominations Open For 2013 BAI-Finacle Global Banking Innovation Awards
Third-Annual Awards Continue to Recognize Excellence and Innovation in Retail Banking
CHICAGO and NEW YORK — February 14, 2013: BAI and Infosys are now accepting nominations for their global awards program, the 2013 BAI – Finacle Global Banking Innovation Awards. Since the awards were inaugurated in 2011 more than 175 organizations from 35 countries have submitted nominations. The awards recognize breakthrough innovations that positively impact profitability, efficiency and customer experiences for best-in-class financial institutions
Nominations for the awards can be submitted by retail banks, solutions providers, industry analysts and media agencies, but only institutions that provide financial services to consumers are eligible to receive the awards.
Categories for 2013 have been expanded to include awards for both Innovation in Internal Process Improvement and Innovation in Societal and Community Impact. Awards will continue to recognize achievers in the categories of Product and Service Innovation, Channel Innovation, Disruptive Innovation in Banking and the Most Innovative Bank of the Year.
Interested applicants can submit nominations online at www.baiglobalinnovations.com through May 3, 2013.
“The awards underscore what we do at Infosys every day – fostering new thinking that drives the future of banking,” said Haragopal Mangipudi, Global Head, Finacle™, Infosys. “Innovation is the key to success for today’s financial institutions. The BAI-Finacle Global Innovation Awards honor and encourage out-of-the box thinking to create better products, superior customer experiences and more efficient operational models in the industry.”
The Innovation Circle Judging Panel, an international group of prominent industry thought-leaders and retail banking executives, will determine the finalists and winners.
BAI and Infosys will honor the award winners and finalists at a special ceremony at the BAI Retail Delivery Conference and Expo in Denver, Colorado, November 5-7, 2013. This annual conference is the retail banking industry’s premier event, attracting thousands of bank executives and hundreds of solutions providers from nearly 50 countries.
“The third year of this global awards program promises to be just as inspiring as the previous two,” says Debbie Bianucci, president and chief executive officer of BAI. “The worldwide recognition and year-over-year growth of this awards program is a measure of the importance that banks around the world place on not only being innovative, but also in continually improving the customer experience.”
Last year’s winners honored for breakthrough innovation include:
- First National Bank, a Division of FirstRand Limited, South Africa, for Most Innovative Bank of the Year for their culture of innovation and advancement of retail banking
- OCBC Bank, Singapore, for Product and Service Innovation for FRANK the bank’s innovative program to comprehensively address the unique preferences of Generation Y customers
- DenizBank, Turkey, for Channel Innovation for their “Globally First Ever” banking platform on Facebook
- Alior Bank, Poland, for Disruptive Innovation in Banking for Alior Sync, their progressive, virtual bank