Who are the first nominees for the 2023 Qorus-Accenture Banking Innovation Awards?

Digital Reinvention
04/09/2023 Article

Disruptive innovation by banks, payment institutions and fintech firms will be celebrated at the Qorus-Accenture Banking Innovation Awards 2023 – and there’s still time to submit your most innovative projects.

Those entering the awards will add their projects to a bank of knowledge and best practice that has served as a catalyst for innovation in the retail banking sector since 2013. The Qorus-Accenture Banking Innovation portal provides a unique worldwide database with more than 4,800 innovations from hundreds of institutions across 92 countries. By adding their innovations to the portal, organizations not only stand to win recognition for their own achievements; they will also help to inspire others in the industry to build better disruptive strategies.

Five nominees - the "Banking Innovation of the Month" winners - have already been identified for this year’s awards, and 49 more will be chosen to join them when entries close on 13 September 2023.

The nominees so far illustrate the breadth of innovation that is challenging and inspiring the industry around the world. They are:

• VakifBank (Turkey) for V-AI Cognitive Services 2.0, a cutting-edge project that democratizes AI implementation and affirms Vakifbank’s position at the forefront of AI innovation in the financial services industry.

• Banco Bradesco (Brazil) for E-agro, a comprehensive digital platform designed to meet the needs of rural producers and revolutionize the agricultural sector in Brazil.

• Discovery Bank (South Africa) for Vitality Travel, a comprehensive end-to-end travel offering which gives clients access to unparalleled travel discounts and experiences, while encouraging responsible financial and lifestyle choices.

• Intesa Sanpaolo (Italy) for Switcho, a free in-app service enabling customers to compare, change and optimize utility bills with ease through a 100% digital journey.

• Banco Santander (Spain) for its new simplified app, a remarkable effort by a banking group to lead the way in corporate sustainability. 

Entry for the awards is open to all and free of charge. To be in with a chance of winning, organizations need to enter their innovative projects in the Qorus-Accenture Banking Innovation portal before midnight on 13 September 2023.

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