Business Wire

IL-BAI

19.8.2019 19:52:08 CEST | Business Wire | Press release

Share
BAI Announces 2019 Global Innovation Award Finalists

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 BAIGlobalInnovations.com .

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 www.bai.org .

Link:

ClickThru

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Presidio Investors Expands Portfolio with Strategic Investment in Edge Home Finance21.4.2026 03:10:00 CEST | Press release

Presidio Investors ("Presidio") has completed a strategic investment in Edge Home Finance, a mortgage brokerage platform. Headquartered in Minnetonka, MN, Edge Home Finance has built a strong reputation within the mortgage broker channel by empowering loan originators and delivering best-in-class service and innovation. The investment from Presidio represents an opportunity to leverage Edge’s momentum through enhanced investments in technology, operational infrastructure, and strategic acquisitions. Edge Home Finance will continue operating with the same core platform, team, and commitment to the broker community that has fueled its success. Partner, Victor Masaya, of Presidio Investors, commented: “Edge Home Finance's platform, track record and broker-focused approach aligns perfectly with our vision of fostering excellence and growth. Together, we aim to redefine what's possible in the mortgage brokerage channel and deliver an unparalleled value proposition to loan originators." Edge

Rigaku Enters Strategic Alliance with Onto Innovation through 27 % Equity Investment21.4.2026 01:14:00 CEST | Press release

Expanding Semiconductor Opportunities through X-ray, Optical, and AI Integration Rigaku Holdings Corporation (headquarters: Akishima, Tokyo; President and CEO: Jun Kawakami; “Rigaku”), a global leader in X-ray analytical technologies, today announced that it has entered into a strategic capital and business alliance with Onto Innovation Inc. (headquarters: Massachusetts, USA; CEO: Michael P. Plisinski; “Onto Innovation”). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260420467739/en/ Double Logo “As semiconductor devices become more complex, particularly with the increasing importance of three-dimensional structures, Rigaku has been seeking to enhance its analytical capabilities by incorporating advanced model-based and AI-driven algorithms in optical metrology,” said Jun Kawakami, President and CEO, Rigaku Holdings Corporation. “Onto Innovation not only brings strong expertise in optical technologies and software, but also

Grid Dynamics Scales Hyper-Personalization for Galeries Lafayette; Drives 7% Revenue Increase via AI-Powered Search and Merchandising20.4.2026 22:05:00 CEST | Press release

Key Takeaways: Galeries Lafayette achieved a 7% total revenue increase and an 8% rise in average basket value by replatforming its legacy search and recommendation stack with Google Vertex AI Search for Commerce and Grid Dynamics' proprietary Merchandising Experience Platform (MXP). The solution successfully modernized a complex catalog of over 600,000 products—including 350,000 from third-party marketplaces—contributing to a 20% year-over-year increase in online sales. This successful program showcases Grid Dynamics’ expertise in bridging the gap between advanced AI models and measurable retail profitability for global enterprises. Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics”), a premier AI transformation partner for the Fortune 1000, today announced the successful deployment of a hyper-personalized digital shopping experience for Galeries Lafayette, the iconic French department store. By integrating Google Vertex AI Search for Commerce with the proprietary Grid Dynami

Lattice Collaborates with TI to Accelerate Edge AI for Robotics and Industrial Applications20.4.2026 22:00:00 CEST | Press release

Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced that the company is collaborating with Texas Instruments (TI) to simplify sensor integration and to scale real-time edge AI systems. The combination of TI’s sensing technologies and the Lattice Holoscan Sensor Bridge solution, based on Lattice low power FPGA technology, will provide developers with a flexible hardware foundation for synchronized, low latency sensor data pipelines in advanced robotics and industrial applications. The collaboration demonstrates a real-time AI sensor fusion architecture that integrates TI mmWave radar and camera sensors using NVIDIA Holoscan Sensor Bridge running on Lattice’s low power FPGA. The FPGA acts as a companion chip delivering synchronized sensor data directly into GPU-accessible memory to enable low latency and robust perception for robotics and industrial edge AI applications. “As edge AI systems scale, developers need flexible platforms that simplify senso

Inspirit Capital to Acquire Kaplan Languages Group20.4.2026 17:15:00 CEST | Press release

Inspirit Capital, a specialist investor in corporate carve-outs, is pleased to announce its plans to acquire KLG Kaplan Languages Group (“KLG”), a leading global language education platform, from Kaplan. All conditions for the sale have been met, and completion is due to take place on 1 May. KLG comprises Kaplan International Languages, Alpadia Language Schools, Azurlingua, and ESL Education. Since 2006, KLG has provided high-quality language education, supporting students in achieving their language goals through academic excellence, cultural immersion, and life-changing experiences. Inspirit Capital will support KLG in delivering on its ambitious growth plans, whilst continuing its fundamental mission to transform lives through language education. This next phase of ownership will also see the development of a refreshed standalone brand identity for KLG, with further announcements to follow on this in due course. Paul Youens, Investment Director, Inspirit Capital: “KLG has built a st

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye