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Press Release

BAI Announces 2021 Global Innovation Award Finalists
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                            CHICAGO, United States:
                         <p>BAI announced the finalists for the 11th Annual <a rel="nofollow noopener" target="_blank" href="https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.bai.org%2Fglobalinnovations%2F%3Futm_source%3Dpress%26utm_medium%3Dwma&esheet=52525812&newsitemid=20211109005488&lan=en-US&anchor=2021+BAI+Global+Innovation+Awards&index=1&md5=89e47cf66d556c38f1b146676985b300" shape="rect">2021 BAI Global Innovation Awards</a>, 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:</p>

 

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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