Business Wire IndiaBAI announced the finalists for the 11th Annual 2021 BAI Global Innovation Awards, the industry’s prestigious awards program that celebrates new and innovative solutions in the financial services industry worldwide. The 2021 BAI Global Innovation Awards finalists are:
Innovation in Compliance and Risk Management
Emirates NBD Bank, United Arab Emirates: Transforming the Anti-Money Laundering Framework
Hummingbird, United States: Hummingbird Platform
UnionBank of the Philippines, Philippines: Credit Card Fraud Detection Model
Innovation in Consumer Product and Services
Commonwealth Bank of Australia, Australia: CommBank Benefits Finder
FNB Insurance, South Africa: Future Family Benefit on Critical Illness
ICICI Bank, India: IntelliCollect – AI powered Contactless Collection
PNC Financial Services Group, United States: Low Cash Mode
Yapı Kredi, Turkey: My Car+: Everything about your vehicle
Innovation in Digital Transformation
AVIVA POLSKA, Poland: eInsurance Digital Omnichannel Life Insurance Application Journey
Bank of America, United States: Bank of America Mobile Banking Super App
Deutsche Bank, Germany: Deutsche Bank API Program Embedded Finance Initiative
OneConnect Smart Technology Co., LTD, China: Global Markets Digital Lab in Abu Dhabi
SolarisBank, Netherlands: Banking as a Service
Innovation in Human Capital
KeyBank, United States: Remote Intern Program
Payactiv, United States: Livelihood Employee Experience Platform
Royal Credit Union, United States: Employee Learning Experience
Innovation in Environmental, Social and Governance (ESG)
Bank of Montreal, Canada: BMO Give & Go
BMO Harris Bank, United States: BMO for Black and Latinx Businesses
Citizens Financial Group, United States: Citizens Green Deposits
imagin, Spain: imagin: A Community with a Positive Impact
Lufax Holding Ltd., China: Farmers’ Assistance Fund
Wintrust Financial Corporation, United States: Wintrust Paycheck Protection Program (PPP) Resource Centers
Innovation in Internal Process
Alior Bank, Poland: InfoNina, virtual assistant
ICICI Bank, India: Pre-Delinquency Management
Israel Discount Bank, Israel: POPCORN – An Innovative Customer Listening Model
PKO Bank Polski, Poland: Road to Paperless Banking Empowered by Blockchain Technology
PZU SA, South Africa: AI Assistant in Claims (Field Inspection)
Innovation in Small Business Product & Services
HSBC UK, United Kingdom: HSBC Kinetic, Mobile Banking Service
Lufax Holding Ltd., China: Lufax “Xingyun” Smart Loan Solution
Ping An OneConnect Bank Limited, Hong Kong: “PAOB SME” Mobile Application
Santander Bank, N.A., United States: Santander Treasury Fusion for Where You Do Business
Tribal Credit, United States: Tribal Credit Tools
The winners will be announced in December 2021. To learn more please visit BAI Global Innovation Awards.
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