Qorus Banking Innovation Awards 2023

Innovations that advance the bank’s social purpose and its commitment to being a good corporate citizen and a true ally of its customers. #UniversalDesign #BarrierFreeBanking #FinancialInclusion #FinancialLitteracy #MicroCredit #SocialCrowdfunding #GreenBanking #Transparency #SocialImpact #EnvironmentalImpact

Significant enhancements in the bank’s marketing, sales and distribution, and its management of customer channels, communications, engagement and relationships. #DistributionModelInnovation #DigitalTransformation #DigitalSales #NewBranchLayout #SocialSales #BrandAwareness #ArtificialIntelligence #CustomerAnalytics #DataDrivenPersonalization #PhygitalDistribution  

Breakthrough concepts that dramatically enhance, transform, or tailor them to specific market segments. This could include traditional banking products such as credit, payments and advice. #ValueAddedServices #NicheOrientedOffering #DigitalPlatform #MobilePayments #InvisiblePayments #CryptoCurrency #BuyNowPayLater #OperationalExcellence

The creation and/or application of innovative technology that substantially enhances customers’ banking experience and/or develops new sources of revenue for the industry. This category is reserved for banking start-ups and spinoffs, and technology firms working within the banking industry, whose innovations are stage-one funded, have a market release proposition, and/or have completed a successful market proof of concept. #Fintech #Attackers #Neobanks #PlatformBanks #IncumbentsThatLaunchNeobanks

Changes to work, the workforce and the employee experience. This includes the use of data, technology and new approaches to how employees are supported by machines and upskilled, and how work is organized, performed, measured and managed. #WorkforceEmpowerment #EmployeeExperience #Learning #DigitalHR #AgileWorkforce #Automation #HumanAICollaboration

Creative new products that change the bank’s business model and expand or redefine its role. These novel offerings may be developed and distributed by the bank alone or with ecosystem partners in other industries. They may either be stand-alone banking products or be incorporated into broader, more diverse non-financial offerings. #Ecosystems #Marketplaces #Superapps #NewProducts #OpenBanking #API #EmbeddedFinance #NewBusinessModels