Bengaluru, India and Paris, France – January 09, 2024: Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY) and Qorus, a global association for retail financial institutions, have announced the winners of the 11th edition of the Qorus-Infosys Finacle Banking Innovation Awards. Winners were felicitated in an award ceremony, conducted as part of the Infosys Finacle Conclave.
The awards, which recognize the best customer-centric ideas and innovations by banks, attracted more than 390 applications from 177 financial institutions across 57 countries. Applicants ranged from agile start-ups to the world’s largest financial institutions. Winners were selected across nine categories: Business Model Transformation, Core Offering Innovation, Future Workforce, Neobanks & Fintech Players, Operational Excellence, Reimagining the Customer Experience, Transformative Innovator of the Year, Emerging Tech Innovation of the Year, and Social, Sustainable & Responsible Banking. The selection process involved peer-based voting combined with evaluation by a panel of 33 expert judges from leading global financial firms.
The complete list of the recognized banks and details of their award-winning banking innovations is available here.
John Berry, Chief Executive Officer, Qorus, said, “The awards are into their second decade and continue to garner overwhelming support from the banking industry. By recognizing and rewarding innovative ideas, these awards set a benchmark for others to learn from and grow. This year’s submissions offer rich inspiration, illustrating how banks are broadening and diversifying their products and services to meet and exceed customer needs and expectations while championing the sustainability imperative.”
Sajit Vijayakumar, Chief Business Officer and Global Head, Infosys Finacle, said, “The banking industry is undergoing a period of rapid transformation, as banks worldwide explore new possibilities with cutting-edge technologies and innovative business models. The Qorus-Infosys Finacle Banking Innovation Awards recognize banks at the forefront of this transformation. Congratulations to all the winners and nominees for their exceptional commitment to innovation, sustainability, and customer centricity. Their achievements are setting new standards for the industry and inspiring a better banking future.”
To find out more about the award-winning innovations, follow the conversation on LinkedIn at #IBankAwards24 or visit: https://www.qorusglobal.com/awards/banking/.