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 2019 awards attracted a record-breaking 605 entries from 234 banks in 70 countries, culminating in a awards ceremony in Paris on October 16, 2019. View the 2019 winners.
The awards offer powerful insights into how well-equipped banks are for a ‘never normal’ world that is taking shape as we emerge from the COVID-19 pandemic. Register to view our report with the innovation trends that were identified in our analysis of the 2019 entries.
For more information on the awards visit the Banking Innovation Awards Portal.
The 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. The awards is now open for entries in these categories:
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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