Qorus Reinvention Awards - MEA

The Qorus Reinvention Awards - MEA were launched in 2023 to put the spotlight on Middle Eastern and African institutions ‒ and the people behind them ‒ that are innovating at scale to shape the future of financial services in this region.

about the awards

The just-launched Qorus Reinvention Awards - MEA put the spotlight on the institutions ‒ and the people behind them ‒ that are innovating at scale to shape the future of financial services in the region. 

Why participate

  • Help promote a culture of innovation in financial services
  • Achieve the recognition of your colleagues
  • Be acknowledged by your regional industry peers
  • Gain public acclaim for your organization as an innovation leader
  • Network with other executives who are driving innovation
  • Benchmark your innovation against those of other banks and insurers in MEA
  • Be inspired by the creativity and boldness of your peers

 

How to qualify

Note, the competition is closed for 2023 and will reopen for entries in 2024.

To be considered for the Qorus Reinvention Awards, you would need to have made a submission/s into the Qorus Banking Innovation Awards or Qorus Innovation in Insurance Awards or SME Banking Community Awards  Your entry will then be evaluated against your regional peers based on the results of those voting and judging processes.

HOW WE ASSESS OUR INNOVATIONS

Originality: The uniqueness of the idea in MEA and its potential as a game changer

Impact: The innovation’s capacity to generate a superior, long-term competitive edge and a significant return on investment

Universality: The innovation’s adaptability across different markets and countries

For the New & Transformed Players category only: Innovations must be stage-one funded, have a market release proposition, and/or have completed a successful market proof of concept

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2023 awards ceremony

Qorus and its partners announced the winners of the 2023 Qorus Reinvention Awards – MEA at a vibrant in-person awards ceremony at the Anantara Downtown Dubai Hotel on 11 October in Dubai that was attended by innovation leaders from across Africa & the Middle East. 

Download the press release here.

Image gallery

A preview of the Flickr album

our categories

Customer Experience

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

Distribution

Innovative practices including new delivery channels; branch transformation; multi-channel integration; mobile banking and scalable end-to-end value propositions that that capitalize on the power of partnerships, platforms and the Internet of Things.

Environmental, Social, and Governance (ESG)

Innovations that demonstrate how banks and insurers have embedded sustainability and ESG into their value chains.

New & Transformed Players

The creation and/or application of innovative technology/partnerships that enhance customer experience and/or develops new revenue sources for the industry. Start-ups and tech firms working within the banking and insurance industries qualify too.

Operational Efficiency

Scalable processes that drive improved efficiency to support a faster pace of growth for the bank’s revenue stream and asset base than for its overhead costs.

Payments

Breakthrough concepts that dramatically enhance and transform the payments process, including mobile payments; card payments; online payments and wholesale payments.

SME Bank of the Year

The winner is the organization that showcases innovation and digital solutions specifically tailored to meet the unique needs of SMEs, including the introduction of new financial products, digital banking services, or a strong commitment to exceptional customer support.

MEA Innovator of the Year

The organization whose corporate vision commits it to continuous innovation and transformation, to the development and leadership of a broad ecosystem of partners extending beyond banking, and to the exploitation of emerging technologies

Thanks to our partners

  • VeriPark

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    VeriPark is a global solutions provider enabling financial institutions to become digital leaders by placing Customer...

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  • Accenture

    Logo of Accenture

    Accenture is a leading global professional services company, providing a broad range of services and solutions...

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  • Senteo

    Logo of Senteo

    Senteo is a multi-national company that specializes in helping its clients deliver a unique, positive, and...

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  • TNP Consultants

    Logo of TNP Consultants

    Created in 2007, TNP is an independent and hybrid French consulting firm specializing in operational, regulatory,...

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