DISCOVER THE INITIATIVE

A joint Efma and Accenture initiative, the Banking Innovation Awards (formerly known as the Customer Insight & Growth Banking Innovation Awards) has been serving as a catalyst for innovation in the banking sector since their inception in 2013.

Top countries

We celebrate innovation from all around the world. Discover where the most disruptive banking projects come from !

Argentina
2 innovations
2 innovations
Australia
14 innovations
14 innovations
Austria
39 innovations
39 innovations
Bahrain
8 innovations
8 innovations
Bangladesh
6 innovations
6 innovations
Belgium
48 innovations
48 innovations
Bosnia and Herzegovina
6 innovations
6 innovations
Brazil
157 innovations
157 innovations
Bulgaria
28 innovations
28 innovations
Canada
40 innovations
40 innovations
Chile
3 innovations
3 innovations
China
5 innovations
5 innovations
Colombia
13 innovations
13 innovations
Croatia
29 innovations
29 innovations
Czech Republic
27 innovations
27 innovations
Denmark
20 innovations
20 innovations
Egypt
3 innovations
3 innovations
Finland
8 innovations
8 innovations
France
332 innovations
332 innovations
Georgia
14 innovations
14 innovations
Germany
30 innovations
30 innovations
Ghana
6 innovations
6 innovations
Greece
32 innovations
32 innovations
Hong Kong
7 innovations
7 innovations
Hungary
10 innovations
10 innovations
India
128 innovations
128 innovations
Indonesia
29 innovations
29 innovations
Ireland
25 innovations
25 innovations
Israel
37 innovations
37 innovations
Italy
223 innovations
223 innovations
Japan
19 innovations
19 innovations
Kazakhstan
5 innovations
5 innovations
Kenya
5 innovations
5 innovations
Korea (South)
21 innovations
21 innovations
Kuwait
10 innovations
10 innovations
Lebanon
51 innovations
51 innovations
Lithuania
5 innovations
5 innovations
Malaysia
60 innovations
60 innovations
Mauritius
5 innovations
5 innovations
Mexico
9 innovations
9 innovations
Morocco
14 innovations
14 innovations
Mozambique
1 innovation
1 innovation
Netherlands
27 innovations
27 innovations
New Zealand
7 innovations
7 innovations
Nigeria
37 innovations
37 innovations
Norway
4 innovations
4 innovations
Oman
7 innovations
7 innovations
Pakistan
25 innovations
25 innovations
Peru
2 innovations
2 innovations
Philippines
43 innovations
43 innovations
Poland
115 innovations
115 innovations
Portugal
49 innovations
49 innovations
Qatar
3 innovations
3 innovations
Romania
8 innovations
8 innovations
Russian Federation
75 innovations
75 innovations
Saudi Arabia
3 innovations
3 innovations
Serbia
10 innovations
10 innovations
Singapore
96 innovations
96 innovations
Slovakia (Slovak Republic)
12 innovations
12 innovations
South Africa
109 innovations
109 innovations
Spain
154 innovations
154 innovations
Sri Lanka
3 innovations
3 innovations
Sweden
9 innovations
9 innovations
Switzerland
11 innovations
11 innovations
Taiwan
5 innovations
5 innovations
Thailand
56 innovations
56 innovations
Turkey
331 innovations
331 innovations
USA
48 innovations
48 innovations
Ukraine
3 innovations
3 innovations
United Arab Emirates
135 innovations
135 innovations
United Kingdom
64 innovations
64 innovations
Vietnam
9 innovations
9 innovations
Zimbabwe
2 innovations
2 innovations
Africa
Asia and Pacific
Europe
Midle East
North America
South America

Discover the initiative

Submission
Vote
Ceremony
Check the winners

Submit your Innovation

Stay tuned, the 2021 deadline will be announced soon

Since its launch in 2013, the Banking Innovation Awards have served as a catalyst for innovation in the retail banking sector and have helped banks build better disruptive strategies.

The 7th edition submitting period is now open!

Simply submit your most innovative projects now to enter the 2021 competition. You can even start submitting your project now and finalize it later.

 

Submit now     

Voting process

Nominees for each category will be shortlisted by the Efma Innovation Committee.

Efma members and non-members from financial institutions only visiting the website will vote for the 7 standard categories (excluding the Global Innovator category). To do so, they will establish a podium ranking of Gold, Silver, and Bronze, among the 6 nominees per category.

Voters will take into consideration the following criteria:

Originality / Impact / Universality

The award ceremony

Our yearly ceremony was held in Paris on October 16th. Celebrating the best banking innovators worldwide, it is a unique opportunity to discover the best banking innovators from around the globe.

Only nominated institutions are invited to attend the event. If your innovation is a finalist, you will be contacted by our team. However, a live broadcast is open to all who wish to view the event.

Information for the 2021 awards will be released soon.

 

Check out the 2019 CIG Awards Winners !

See who made it to the top last year and learn from the best case studies.

Check the Winners

Testimonials

It’s amazing to see how your initiatives and work compare to other leaders in the space, and what you can take from their experiences to use it in your own work.

- JACKSON DAVEY, COMMONWEALTH BANK OF AUSTRALIA

We’ve got to learn a lot today about global innovation, best in class practices and experiences from banks and financial institutions from all over the world. Just hearing the insight from both Accenture; global specialists; It provides a ton of content and insight that we can all carry back home to our organizations.

- PETER POON, HEAD, DIGITAL PRODUCT MANAGEMENT, BANK OF MONTREAL

Really nice to hear from across the industry, and really hear about best practice for areas where we might not be big players, and that really sparks ideas on our side as well. The process of actually submitting an idea genuinely moves the business forward.

- ANDREW MCCURRIE, HEAD OF MARKET INSIGHTS, DISCOVERY

Our award, recognised our achievement at an industry level on an international stage. This gave us, as a team, a lot of credibility amongst our peers. It showed our colleagues what we were doing was not only important but also possible… in other words the award was recognition that we are, by doing things differently, able to deliver disruptive and game changing capabilities to our clients… and that’s not something we are saying but rather international organizations like Efma.

- ARNO VON HELDEN, HEAD: FOREX SOLUTIONS/CIB GLOBAL MARKETS, STANDARD BANK GROUP

2021 Award Categories

Analytics & Artificial Intelligence

Innovations that use data, analytics and AI at scale to improve the bank’s offerings, experiences and operations.

#CustomerAnalytics      #ArtificialIntelligence    #DataMonetization #DataDrivenPersonalization

Digital Marketing & Sales

Innovations that transform the bank’s awareness generation, positioning, lead management and conversion, and related customer communication.

#ContentPersonalization #ContentOptimization #NicheCustomerTargeting #NewCampaignConcepts #BrandAwareness #ProximityMarketing #Prospecting&Retargeting #Online&OfflineTrafficGeneration

Future Workforce

Changes to work, the workforce and the employee experience. This includes the use of data, technology and new approaches to how employees are supported by machines and upskilled, and how work is organized, performed, measured and managed.

#WorkforceEmpowerment #HumanTouchinCustomerRelationship #DiffusedDigitalCulture #GamificationForBeahaviouralChange #ContinuousLearning #EmployeeExperience #DigitalLearning #DigitalHR

Neobanks & Specialized Players

The creation and/or application of innovative technology that substantially enhances customers’ banking experience and/or develops new sources of revenue for the industry. This category is reserved for banking start-ups and spinoffs, and technology firms working within the banking industry, whose innovations are stage-one funded, have a market release proposition, and/or have completed a successful market proof of concept.

#Fintech #Attackers #Neobanks #Agile #PlatformBanks #IncumbentsThatLaunchNeobanks

Offering Innovation

Breakthrough concepts that dramatically enhance or transform the products or functions which generate revenue for banks, such as credit, payments, open banking and others.

#ValueAddedServices #NicheOrientedOffering #NewProducts #DigitalPlatform #CustomerOriented #OpenBanking #API #ThirdParties #MobilePayments   #NFC #AccountToAccount #InvisiblePayments

Reimagining the Customer Experience

Significant enhancements in the bank’s distribution channels and its management of customer communications, engagement and relationships.

#DistributionModelInnovation #Omnichannel #DigitalTransformation #DigitalSales #ExperienceMeasurement #GeolocatedServices #SeamlessExperience #NewBranchLayout #MobileSales #SocialSales #DigitalSME #DigitalCorporate

Social, Sustainable & Responsible Banking

Innovations that advance the bank’s social purpose and its commitment to being a good corporate citizen and a true ally of its customers.

#UniversalDesign #BarrierFreeBanking #Unbanked #Underbanked #MicroCredit #SocialCrowdfunding #GreenBanking #Transparency #SocialImpact #EnvironmentalImpact

Our partnership and values

Efma


A global non-profit organization, established in 1971 by banks and insurance companies, Efma facilitates networking between decision-makers. It provides quality insights to help banks and insurance companies make the right decisions to foster innovation and drive their transformation. Over 120 financial groups in 133 countries are Efma members.
Headquarters in Paris. Offices in London, Brussels, Andorra, Stockholm, Bratislava, Dubai, Milan, Montreal, Istanbul, Beijing, Tokyo and Singapore.

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Accenture


Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services—all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 506,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries.

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The Team

Don't hesitate to contact us !