CHICAGO--(BUSINESS WIRE)--Recognizing the importance of innovation and transformation in banking, BAI, a nonprofit independent organization that delivers the financial services industry’s most actionable insights, opened submissions for the BAI Global Innovation Awards today. The awards celebrate financial services innovators with pioneering products and services, operations and business processes that drive customer experiences, efficiency and enterprise profitability. Past awards winners have included Citi, Citizens Bank, Emirates NBD Bank, Fifth Third Bank, FNB, USAA and more.
The BAI Global Innovation Awards is open to financial services organizations across the globe, including banks, neobanks, credit unions, and insurance companies, as well as solutions providers and FinTechs who provide financial services offerings directly to consumers. The program, now in its 10th year, provides an excellent platform for organizations to showcase their culture of innovation and to be recognized as a leader in the industry. The awards will be adjudicated by an international panel of industry innovators and influencers.
This year, there are seven awards’ categories that reflect critical areas in the industry, including three new categories focused on compliance and risk, digital transformation and ESG.
The 2021 awards’ categories are:
- Compliance & Risk Management
- Consumer Products & Services
- Digital Transformation
- Environmental, Societal & Governance (ESG)
- Human Capital
- Internal Process Improvements
- Small Business Products & Services
Organizations can submit up to three nominations per category. Nominations will be accepted through August 23, 2021. Finalists will be announced in November 2021 and the winners will be recognized in December 2021. The nomination form is available at www.bai.org/globalinnovations.
As a nonprofit, independent organization, BAI has delivered the financial services industry’s most actionable insights for more than 95 years, helping leaders make smart business decisions every day. We provide in-depth, proprietary research to more than 40 of the top US banks, support more than 2,100 financial services organizations with compliance and professional development training, provide trusted, relevant thought leadership through BAI Banking Strategies reports, podcasts and webinars, and offer specialized events and programs. For more information, visit www.bai.org.