Business Wire

BAI Announces 2021 Global Innovation Award Finalists

9.11.2021 15:30:00 EET | Business Wire | Press release

Share

BAI announced the finalists for the 11th Annual 2021 BAI Global Innovation Awards, the industry’s prestigious awards program that celebrates new and innovative solutions in the financial services industry worldwide. The 2021 BAI Global Innovation Awards finalists are:

Innovation in Compliance and Risk Management

  • Emirates NBD Bank, United Arab Emirates: Transforming the Anti-Money Laundering Framework
  • Hummingbird, United States: Hummingbird Platform
  • UnionBank of the Philippines, Philippines: Credit Card Fraud Detection Model

Innovation in Consumer Product and Services

  • Commonwealth Bank of Australia, Australia: CommBank Benefits Finder
  • FNB Insurance, South Africa: Future Family Benefit on Critical Illness
  • ICICI Bank, India: IntelliCollect – AI powered Contactless Collection
  • PNC Financial Services Group, United States: Low Cash Mode
  • Yapı Kredi, Turkey: My Car+: Everything about your vehicle

Innovation in Digital Transformation

  • AVIVA POLSKA, Poland: eInsurance Digital Omnichannel Life Insurance Application Journey
  • Bank of America, United States: Bank of America Mobile Banking Super App
  • Deutsche Bank, Germany: Deutsche Bank API Program Embedded Finance Initiative
  • OneConnect Smart Technology Co., LTD, China: Global Markets Digital Lab in Abu Dhabi
  • SolarisBank, Netherlands: Banking as a Service

Innovation in Human Capital

  • KeyBank, United States: Remote Intern Program
  • Payactiv, United States: Livelihood Employee Experience Platform
  • Royal Credit Union, United States: Employee Learning Experience

Innovation in Environmental, Social and Governance (ESG)

  • Bank of Montreal, Canada: BMO Give & Go
  • BMO Harris Bank, United States: BMO for Black and Latinx Businesses
  • Citizens Financial Group, United States: Citizens Green Deposits
  • imagin, Spain: imagin: A Community with a Positive Impact
  • Lufax Holding Ltd., China: Farmers’ Assistance Fund
  • Wintrust Financial Corporation, United States: Wintrust Paycheck Protection Program (PPP) Resource Centers

Innovation in Internal Process

  • Alior Bank, Poland: InfoNina, virtual assistant
  • ICICI Bank, India: Pre-Delinquency Management
  • Israel Discount Bank, Israel: POPCORN - An Innovative Customer Listening Model
  • PKO Bank Polski, Poland: Road to Paperless Banking Empowered by Blockchain Technology
  • PZU SA, South Africa: AI Assistant in Claims (Field Inspection)

Innovation in Small Business Product & Services

  • HSBC UK, United Kingdom: HSBC Kinetic, Mobile Banking Service
  • Lufax Holding Ltd., China: Lufax "Xingyun" Smart Loan Solution
  • Ping An OneConnect Bank Limited, Hong Kong: “PAOB SME" Mobile Application
  • Santander Bank, N.A., United States: Santander Treasury Fusion for Where You Do Business
  • Tribal Credit, United States: Tribal Credit Tools

The winners will be announced in December 2021. To learn more please visit BAI Global Innovation Awards.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Holly Hughes
BAI, Chicago
hhughes@bai.org
+1 (312) 683-2305

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Speech Processing Solutions Launches Philips SpeechLive Health, an AI Assistant Built for Modern Clinical Documentation17.3.2026 16:00:00 EET | Press release

Speech Processing Solutions, the global leader in professional dictation and speech solutions sold under the Philips brand, today announced the upcoming April 2026 launch of Philips SpeechLive Health AI Assistant, an AI-powered clinical documentation assistant designed for healthcare professionals across multiple care settings. This solution reduces administrative burden, streamlines documentation, and improves provider and patient experiences. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317743584/en/ Philips SpeechLive Health AI Assistant turns clinical conversations into structured documentation, helping reduce administrative workload and create more time for patient care. Purpose-built for clinical documentation workflows Clinical workload remains a major challenge across healthcare. In the U.S., AMIA’s 2024 TrendBurden survey found that 77% of healthcare professionals said documentation makes them work late or at h

Coherent Solutions Releases Research on AI-driven Fraud Prevention in Banking and Finance and the Best AI Models for Banks17.3.2026 16:00:00 EET | Press release

Coherent Solutions has released a Future of Finance research illustrating how AI is advancing fraud detection in financial services. The research offers financial institutions a strategic framework to address rising and more sophisticated fraud techniques with adaptive, human-in-the-loop AI systems, based on the firm’s extensive experience in AI engineering. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317526196/en/ Coherent Solutions releases research on AI-driven fraud prevention. This white paper addresses the modern threat of transaction fraud, which is becoming faster and smarter while conventional rule-based systems lag, leaving financial institutions exposed. Banks, credit lenders, and financial institutions that adopt AI and machine learning can reduce fraud losses by up to 50% and detect anomalies in real time. When implemented with proper governance and human oversight, AI systems also make audits smoother and

The Swoosh Meets the ‘b’: Beats and Nike Unveil Historic First-Ever Collaboration for Powerbeats Pro 217.3.2026 16:00:00 EET | Press release

Today, Beats and Nike announced the first hardware collaboration in their shared history: Powerbeats Pro 2 – Nike Special Edition. In a landmark design shift, Beats has—for the first time—shared its iconic earbud real estate with a partner, featuring the Nike Swoosh on the right bud and the signature Beats “b” on the left. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317159868/en/ Powerbeats Pro 2 - Nike Special Edition The limited-edition release marries Nike’s high-energy “Volt” color palette with the industry-leading audio tech of the Powerbeats Pro 2. The result is a performance tool built to bridge the gap between elite sport and street style. The Nike Special Edition arrives in a striking matte black, Volt-speckled charging case. Upon opening, users are greeted by Nike’s “JUST DO IT” mantra printed inside the lid. While the aesthetic is new, the internals are pure power: Pro-Level Sound: Adaptive Active Noise Canc

Moody’s Ratings Becomes First Credit Rating Agency to Bring Independent Credit Analysis to Blockchain Financial Infrastructure17.3.2026 16:00:00 EET | Press release

Moody’s Corporation (NYSE: MCO) today announced that Moody’s Ratings has launched its network-agnostic Token Integration Engine™ (TIE), becoming the first credit rating agency to ingest analytical data and share credit insights on-chain. As an inaugural step, it is the first rating agency to operate a node on the Canton Network. The milestone marks a significant step in Moody’s commitment to digital innovation, intending to enable secure, compliant, and efficient ingestion of data and dissemination of ratings enabled by technology built for integration across platforms. “As financial markets digitize, the need for independent, trusted risk analysis and credit insights does not change,” said Fabian Astic, Managing Director and Global Head of Digital Economy at Moody’s Ratings. “Moody’s Ratings is extending that rigor to digital market infrastructure consistent with global regulatory expectations and our governance, transparency, and compliance practices.” Moody’s Ratings’ TIE serves as

Sub-Q Bionics Announces Licensing Agreement to Advance Lymphedema Care17.3.2026 15:46:00 EET | Press release

Sub‑Q Bionics, a medical device company developing an innovative implantable lymphatic drainage system designed to help patients living with lymphedema better manage their symptoms, today announced a licensing agreement with Mayo Clinic. Through the agreement, Sub-Q Bionics has licensed clinical know-how from Mayo Clinic related to reconstructive and lymphatic surgery. As part of this collaboration, Vahe Fahradyan, M.D., a plastic and reconstructive surgeon with expertise in lymphatic surgery, plans to work with Sub-Q Bionics as a clinical collaborator supporting the company’s ongoing development activities. Lymphedema is a chronic condition caused by impaired lymphatic drainage that can lead to persistent swelling, discomfort, and reduced mobility. It commonly occurs following cancer treatment, particularly among breast cancer survivors. Sub-Q Bionics is developing the world’s first implantable bionic lymphatic drainage system designed to assist with movement of lymphatic fluid and he

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye