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BAI Announces 2021 Global Innovation Award Finalists

BAI 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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