Qorus and Accenture’s 2022 Banking Innovation Awards Now Open for Applications
Banks and fintechs have until Sept. 30 to
apply; categories include analytics and AI, future workforce, and
reimagining the customer experience
Qorus, the organization formerly known as Efma, and Accenture
(NYSE: ACN) today launched the ninth edition of the Qorus-Accenture
Banking Innovation Awards. The global competition rewards the best
new innovative ideas and practices currently transforming the
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Banks and fintechs can submit entries
until Sept. 30 for the ninth edition of the Qorus-Accenture Banking
Innovation Awards. Last year’s awards attracted 816 entries from
almost 300 financial services institutions in 73 countries.
Banks and fintechs worldwide are invited to submit innovative
projects showcasing their most transformational digital strategies
within the following seven categories:
- Analytics & Artificial Intelligence (AI) — using
data, analytics and AI at scale to improve a bank’s offerings,
experiences and operations.
- Digital Marketing & Sales — transforming how banks
understand and communicate with customers, position offerings, and
- Future Workforce — focusing on changes to work, the
workforce and the employee experience.
- Neobanks & Specialized Players — innovations from
the top consumer-facing banking, lending and payment startups.
- Offering Innovation — breakthrough concepts that
dramatically enhance or transform the products or functions that
generate revenue for banks.
- Reimagining the Customer Experience — focusing on banks’
distribution channels and the management of customer
communications, engagement and relationships.
- Social, Sustainable & Responsible Banking —
highlighting advances in a bank’s social purpose, along with its
commitment to being a good corporate citizen and a true ally of its
The best innovation in each category will be selected through a
rigorous, independent judging process. This includes votes by a
30-member panel of judges comprising senior banking leaders from
around the world, as well as online votes by Qorus members and
non-members from financial institutions. Last year’s awards
attracted 816 entries from almost 300 financial services
institutions in 73 countries.
Banks can submit entries until Sept. 30 at
innovations will be entered for the annual awards process and
celebrated at a global awards ceremony on Nov. 30.
Each entry will be assessed using three criteria: its
originality; its impact — i.e., the innovation´s ability to
generate long-term competitive edge and return on investment; and
universality — the innovation’s adaptability for use in other
markets and countries.
In addition, one winning ‘Global Innovator’ award will be
presented to the bank that displays a corporate vision for
continuous innovation and transformation, including the development
and leadership of a broad ecosystem of partners extending beyond
banking, and the use of emerging technologies for improved customer
experience and business performance.
“The Banking Innovation Awards serve to shine a light on the
huge effort being made across the banking industry by organizations
looking to modernize their operations and deliver exceptional and
memorable customer experiences,” said John Berry, CEO of Qorus.
“Every year, the awards get bigger and better. We’ve received more
than 4,000 innovations from over 2,000 institutions over the past
nine years, and last year we received more than 20,000 votes. We
are proud to be a part of such a highly regarded event.”
Fabrice Asvazadourian, who leads Accenture’s banking industry
practice in Europe, said, “As the banking industry becomes more
fragmented, challenger banks and bigtechs continue to chip away at
the value chain. While this creates opportunities for
collaboration, it also presents banks with a stark choice: commit
to continuous technological innovation, or risk yielding their
competitive advantage. We are excited to see how banks are
challenging their long-established conventions in this year’s
Qorus-Accenture Banking Innovation Awards.”
About Qorus A global non-profit organization established
in 1971 by banks and insurance companies, Qorus (formerly known as
Efma) helps its members to reinvent themselves to thrive – to go
further, be faster and work together. Our global ecosystem brings
valuable insights, inspiring events, rich data, and active global
communities all in one place.
With over 50 years of experience, Qorus provides a neutral space
for best-practice sharing and collaboration, while offering diverse
knowledge and a global reach – to more than 1200 financial groups
in 120+ countries. Headquartered in Paris, Qorus serves financial
institutions on all continents, with offices in Andorra, Bangkok,
Bratislava, Brussels, Dubai, Istanbul, Kuala Lumpur, London, Milan,
Seoul, and Tokyo.
Learn more at www.qorusglobal.com.
About Accenture Accenture is a global professional
services company with leading capabilities in digital, cloud and
security. Combining unmatched experience and specialized skills
across more than 40 industries, we offer Strategy and Consulting,
Technology and Operations services and Accenture Song — all powered
by the world’s largest network of Advanced Technology and
Intelligent Operations centers. Our 710,000 people deliver on the
promise of technology and human ingenuity every day, serving
clients in more than 120 countries. We embrace the power of change
to create value and shared success for our clients, people,
shareholders, partners and communities. Visit us at
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Jana Lednarova Qorus +421 915 225 611 email@example.com
Michael McGinn Accenture +1 312 693 5707
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