Qorus Reinvention Awards - MEA

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

To be considered for the Qorus Reinvention Awards, you would need to have made a submission/s into the Qorus‒Accenture Banking Innovation Awards (you can still enter and qualify until 31 August) or Qorus‒Accenture Innovation in Insurance Awards (now closed) or SME Banking Community Awards (now closed) 2023 editions. 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 Players category only: Innovations must be stage-one funded, have a market release proposition, and/or have completed a successful market proof of concept

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 that reimagine distribution in response to changing customer expectations. This includes new delivery channels; branch transformation; multi-channel integration; mobile banking and scalable end-to-end value propositions 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 winner is the organization whose corporate vision commits it successfully 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 that improve the experience of its customers and the performance of its business.

Thanks to our partners

VeriPark

VeriPark is a global solutions provider enabling financial institutions to become digital leaders with its Intelligent...
View more
Accenture

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

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

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

Awards ceremony

Qorus and its partners will announce the winners of the 2023 Qorus Financial Services Reinvention Awards – MEA during its Reinvent Forum Dubai (11 & 12 October).

The ceremony is a by-invitation only event for the top-three finalists in each of the awards categories and special guests of Qorus and its partners.

Event details
Date: Wednesday, 11 October 2023

Time: 6 – 9pm

Venue: Anantara Downtown Dubai Hotel, Dublin Canal, Business Bay, Dubai

Get in touch

Want to get in touch regarding the submission process, invitations or sponsoring this event? Please fill in this form and our team will get back to you quickly