Wednesday, August 21, 2019

BAI Announces 2019 Global Innovation Award Finalists

CHICAGO-Tuesday 20 August 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- BAI announced the finalists for the 2019 BAI Global Innovation Awards, the industry’s most prestigious awards program that celebrates transformative solutions in the financial services industry worldwide.

Now in its ninth year, the BAI Global Innovation Awards recognizes leading financial services organizations on a global scale. Through hundreds of applications, the Innovation Circle, a panel of global financial services innovation leaders who thoroughly review each application, determined the top submissions.

The judges weigh each innovation on originality and impact on consumers and the industry. This year’s finalists showcase what leading financial services innovators in all regions of the world are doing to deliver new value to customers and employees, as well as improve efficiencies and profitability for their organizations.

The 2019 BAI Global Innovation Awards finalists are:

Best Application of Advanced Technology in a Product or Service

    Emirates NBD, Dubai, United Arab Emirates: Emirates NBD Blockchain Center of Excellence for Payments
    ISBANK, Istanbul, Turkey: AI Personal Assistant “Maxi”
    Shenzhen OneConnect Smart Technology Co., Ltd, Shanghai, China: FiMAX Trade Finance Blockchain Network
    Yapı Kredi, Istanbul, Turkey: Financial Document Corrective Analysis

Business Model Innovation

    CaixaBank S.A., Barcelona, Spain: Travel Marketplace
    DenizBank, Istanbul, Turkey: DenizBank Banking as a Platform Initiative
    KASIKORNBANK PCL, Bangkok, Thailand: K PLUS Loyalty Card Platform
    Royal Bank of Canada (RBC), Toronto, Canada: RBC Ventures

Human Capital Innovation

    Alior Bank S.A., Warsaw, Poland: Smartphonisation
    DenizBank, Istanbul, Turkey: Crowdfunding Platform, Fonosentez
    HDFC Bank, Mumbai, India: Recruitment Hackathon
    ISBANK, Istanbul, Turkey: Isbank Agile Atelier
    Ping An Insurance, Shenzhen, China: AI Interview System

Innovation in Customer Experience

    CaixaBank S.A., Barcelona, Spain: ATM Facial Recognition
    Commonwealth Bank of Australia, Sydney, Australia: Customer Experience Transformation via AI
    Emirates NBD, Dubai, United Arab Emirates: Customer Experience Month
    FNB Insurance, Johannesburg, South Africa: Claims Excellence
    The Bank of East Asia, Limited, Hong Kong: i-Planner

Innovation in Marketing

    CaixaBank S.A., Barcelona, Spain: imaginBank Agile Digital Marketing Room
    Elevate Credit, Fort Worth, Texas, U.S.: Elevate Credit Campaign 2019
    Fifth Third Bancorp, Cincinnati, Ohio, U.S.: Momentum Campaign
    ISBANK, Istanbul, Turkey: Maximum Gaming Esports Platform
    Pelican State Credit Union, Baton Rouge, Louisiana, U.S.: Pelican State of Mind

Innovation in Societal and Community Impact

    Absa Group Limited, Johannesburg, South Africa: Kongola
    BMO Harris Bank and Springfour, Chicago, Illinois, U.S.: BMO Harris - SpringFour Partnership
    JUMO.WORLD, Cape Town, South Africa: JUMO.WORLD
    Union Bank of the Philippines, Pasig, Philippines: Project i2i

Innovative Accelerator or Incubator

    Alior Bank S.A., Warsaw, Poland: RBL_START
    Citi Ventures, D10X, San Francisco, California, U.S.: D10X
    ISBANK, Istanbul, Turkey: Workup Entrepreneurship Program
    Royal Bank of Canada (RBC), Toronto, Canada: RBC Reach
    Woodforest National Bank, The Woodlands, Texas, U.S.: Woodforest Foundry

Innovative Touchpoints and Connected Experiences

    Aviva, Warsaw, Poland: Automated Claims Resolution Platform
    mBank S.A., Warsaw, Poland: Omni-channeling Asynchronous Chat
    Royal Bank of Canada (RBC), Toronto, Canada: DRIVE by RBC Ventures

Internal Process Innovation

    Alior Bank S.A., Warsaw, Poland: Smart Operations
    CommunityAmerica Financial Solutions, LLC, Lenexa, Kansas, U.S.: Dash360
    D10X, Citi, London, United Kingdom: Proxymity
    HDFC Bank, Mumbai, India: AI as a Service
    PKO Bank Polski, Warsaw, Poland: x-Platform

RegTech Innovation

    Hummingbird Regtech Inc, Walnut, California, U.S.: Regtech Solution
    Moody’s Analytics, San Francisco, California, U.S.: RiskFoundation™ Suite Hosted and Banking Cloud Solution
    Shenzhen OneConnect Smart Technology Co., Ltd, Shanghai, China: GAMMA Voiceprint Anti-fraud
    TSYS, Columbus, Georgia, U.S.: Foresight Score
    Yapı Kredi, Istanbul, Turkey: Digital Onboarding via Video Assistants

Congratulations to all the finalists of the BAI Global Innovation Awards. To learn more please visit

About BAI

As a nonprofit, independent organization, BAI delivers the financial services industry’s most actionable insights, enabling leaders to make smart business decisions every day. BAI is passionate about the trusted information and powerful tools that provide leaders with the clarity and confidence needed to drive positive change and move the financial services industry forward. For more information, visit

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Holly Hughes
BAI, Chicago
+1 (312) 683-2305

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