The Efma-Accenture Banking Innovation Awards is a global competition showcasing the best new ideas and practices transforming the banking industry.
The Efma-Accenture Banking Innovation Awards have been serving as a catalyst for innovation in the banking sector since their inception in 2013. This global competition rewards the best new ideas and practices that are transforming the industry for the benefit of banks and customers alike. The 2021 awards attracted a record-breaking 816 entries from 275 banks in 73 countries, and culminated in a virtual award ceremony on November 18, 2021 with a truly global audience of some 430 industry leaders. The 2022 edition is now open for entries here.
For more information on the awards visit the Banking Innovation Awards Portal.
The awards have celebrated noteworthy innovation since 2013. In 2021 800+ innovations were received from some 300 institutions! Here are the highlights.
View TranscriptThe awards recognize the most innovative initiatives and ideas in banking. Winners are awarded by their peers with a rigorous, independent judging process and are recognized at an awards ceremony.
By entering you will benefit from:
Help promote a culture of innovation in the banking industry and benchmark your innovation against those of other banks.
Achieve the recognition of your colleagues and peers, and gain public acclaim for your organization as an innovation leader.
Network with other executives who are driving innovation and be inspired by the creativity and boldness of your peers.
Efma and Accenture believe that the key to success in today’s challenging markets is to develop an innovation committed DNA to be fostered by sharing successful experiences and new ideas. Our 2022 categories are:
Innovations that use data, analytics and AI at scale to improve the bank’s offerings, experiences and operations.
Concepts that enhance or transform the products or functions which generate revenue for banks, such as credit, payments, open banking and others.
Innovations that transform the bank’s awareness generation, positioning, lead management and conversion, and related customer communication.
Significant enhancements in the bank’s distribution channels and its management of customer communications, engagement and relationships.
Changes to work, the workforce and employee experience. This includes the use of data, technology, the role of machines and how work is undertaken.
Innovations that advance the bank’s social purpose and its commitment to being a good corporate citizen and a true ally of its customers.
The creation and/or application of innovative technology by banking start-ups and spinoffs, and technology firms, that substantially enhances customers’ banking experience and/or develops new sources of revenue for the industry.
The most innovative bank. The winner is the organization whose corporate vision commits it successfully to continuous innovation and transformation.
*To qualify for the Global Innovator category, you need to submit at least three innovations in the other seven categories. The winner is then selected by a dedicated jury of banking professionals.
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