-

Winners of the 2023 BAI Global Innovation and Rising Star Awards Announced

CHICAGO--(BUSINESS WIRE)--BAI has named ten financial services companies from around the world as winners of the 2023 BAI Global Innovation Awards. For 13 years, the BAI awards have become known as the financial services industry’s leading honor celebrating achievements in innovation including advancing customer experience, implementing new technologies and improving the lives of employees, customers, and communities. BAI also honored ten individuals and two teams with a BAI Rising Star Award.

Winners were selected by the BAI Innovation Circle, a panel of distinguished judges from around the world who are at the forefront of innovation in the financial services sector.

“This year’s honorees stand out for their exceptional creativity and dedication to continuous and impactful innovation by implementing transformative solutions in customer experience, payments, risk management, fraud detection and internal processes,” said Debbie Bianucci, president and CEO of BAI and Innovation Circle Judge. “Innovation remains a driving force of successful financial services and fintech organizations. We are thrilled to honor these organizations and a group of rising stars who are leading the way for a better future for both customers and employees.”

The 2023 BAI Global Innovation Award Winners are:

Innovation in Lending Customer Experience
Ally (USA): Ally Financial: Clearpass

Innovation in Retail Customer Experience
BMO (Canada): BMO New to Canada

Innovation in Customer Journey Design
CaixaBank S.A. (Spain): Insights Center Research Hub

Innovation in Commercial Banking Digital Experience
Citizens Bank (USA): Citizens Digital Butler

Innovation in Early Wage Access
Clair (USA): Clair Digital Banking & On-Demand Pay

Innovation in Financial Inclusion
mooPay (India): Innovative Financial Services for Dairy Farmers

Innovation in Decisioning Technology
NPL Markets (United Kingdom): NPL Markets Platform

Innovation in Sustainability
Standard Bank (South Africa): The ESG Marketplace, via One Hub

Innovation in Fintech Collaboration
The Bank of East Asia, Limited (China): BEAST

Innovation in Product Transformation
Yapı ve Kredi Bankası A.Ş. (Turkey): Yapı Kredi FRWRD

For the second year, BAI also honored ten individuals and two teams with the BAI Rising Star Award. These up-and-coming leaders in financial services innovation were nominated by their organizations and were selected based on their impact on and passion for innovation and their ability to drive positive change in their organizations.

The 2023 BAI Rising Star Individual Award Winners are:

Ashish Garg (USA), Co-Founder and CEO – Eltropy

Bradford Tierney (South Africa), Commercial Director – JUMO

Jacob Payne (USA), Assistant Vice President, Learning & Development Manager – PrimeLending

Jayne Sibley (United Kingdom), Co-Founder – Sibstar Ltd

Jennifer Upton (USA), Senior Vice President, Manager of Strategy and Innovation – Commerce Bank

Kate Bulger (USA), Vice President of Business Development – Money Management International

Ross Pringle (USA), Head of Strategy, Digital Innovation & Change – Citizens Financial Group

Silvina Moschini (Argentina), President and Founder – Unicoin

Vimal Panjwani (India), Founder & CEO – Argrivijay

Yitz Mendlowitz (USA), CEO – PAAY

The 2023 BAI Rising Star Team Award Winners are:

MX Technologies, Inc. Team:
Crystal Anderson (USA), Vice President of Product
Kara Parkey (USA), Chief to Staff
Sunita Jennings (USA), Senior Engineering Manager

Stratyfy Team:
Deniz Johnson (USA), Chief Operating Officer
Laura Kornhauser (USA), Co-Founder & CEO
Shannan Herbert (USA), Executive Vice President

For more information about the winners and their innovations, visit BAI Global Innovation Awards.

Contacts

Kendall Carwile
William Mills Agency
678-781-7224
kendall@williammills.com

More News From BAI

RMA’s Annual CRO Survey Reveals Cybersecurity, Fraud, and Rapid Response as Key Banking Risks in 2025

CHICAGO--(BUSINESS WIRE)--ProSight Financial Association has announced the results of the fourth annual RMA Chief Risk Officer (CRO) Outlook Survey. ProSight, formed from this year’s merger of RMA (Risk Management Association) and BAI, said the survey reveals a financial services risk management environment that has been affected by the 2023 regional bank crisis as critical risks that preceded the crisis such as cyber, fraud, and third-party risk remain. Conducted in the summer of 2024 in colla...

BAI and RMA Come Together to Form ProSight Financial Association

CHICAGO--(BUSINESS WIRE)--BAI (Bank Administration Institute) and RMA (Risk Management Association) have merged to form ProSight Financial Association. This strategic combination brings together two of the most trusted organizations in the financial services industry, combining RMA’s expertise in serving commercial banking and risk management functions with BAI’s knowledge in serving retail banking and regulatory compliance functions. As BAI and RMA joined forces, it was crucial to preserve and...

BAI Banking Outlook Research: Financial Institutions to Prioritize Quality Deposit Growth Over Quantity in 2024

CHICAGO--(BUSINESS WIRE)--Leaders at financial institutions say that growing quality deposits continue to be the top strategic focus for the year, according to the annual BAI Banking Outlook survey. BAI, a nonprofit, independent organization that delivers the financial services industry’s most actionable insights, found that deposit growth supplanted customer acquisition as the top business challenge, breaking into the top three for the first time. This shift in priority reflects declining depo...
Back to Newsroom