We identify and award the most innovative projects in the banking industry

The awards aim to highlight and share global best practices that will accelerate the transformation of banking for the better.

1

The Submission Phase

The Qorus–Accenture Banking Innovation Awards aims to appraise and recognize the most innovative projects, initiatives and ideas in banking globally. Winners are awarded by their peers, with a rigorous, independent process ensuring the credibility of the awards.

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Clearly present the problem you needed to solve; show how you used technology or an innovative idea to solve that problem; and highlight the results with both qualitative and quantitative success metrics.

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Remember to directly address each judging criterion: originality, impact and universality. Mapping your key points to each criterion prior to writing your submission entries is a useful exercise

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Proofread and edit your submission. While correct spelling and grammar are not criteria, a polished final submission will impress your peers, who have the final say regarding who wins.

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Visuals, such as images, videos or screenshots of an application, can make your submission more engaging. Gather your best supporting materials to add as attachments.

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Don’t be afraid to talk about your setbacks or challenges and how you overcame them through ideation and implementation. These stories spark inspiration.

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Be specific, especially in your results. Use statistics and numbers to show growth or change.

This Year's Categories

Analytics & Artificial Intelligence

Innovations that use data, analytics and AI at scale to improve the bank’s offerings, experiences and operations.

#CustomerAnalytics #ArtificialIntelligence #DataMonetization #DataDrivenPersonalization

Digital Marketing & Sales

Innovations that transform the bank’s awareness generation, positioning, lead management and conversion, and related customer communication.

#ContentPersonalization #ContentOptimization #NicheCustomerTargeting #NewCampaignConcepts #BrandAwareness #ProximityMarketing #Prospecting&Retargeting #Online&OfflineTrafficGeneration

Future Workforce

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 #HumanTouchinCustomerRelationship #DiffusedDigitalCulture #GamificationForBehaviouralChange #ContinuousLearning #EmployeeExperience #DigitalLearning #DigitalHR #Agile

Neobanks & Specialized Players

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

Offering Innovation

Breakthrough concepts that dramatically enhance or transform the products or functions which generate revenue for banks, such as credit, payments, open banking and others.

#ValueAddedServices #NicheOrientedOffering #NewProducts #DigitalPlatform #CustomerOriented #OpenBanking #API #ThirdParties #MobilePayments #NFC #AccountToAccount #InvisiblePayments #Metaverse #CryptoCurrency #BuyNowPayLater

Reimagining the Customer Experience

Significant enhancements in the bank’s distribution channels and its management of customer communications, engagement and relationships.

#DistributionModelInnovation #Metaverse #Omnichannel #DigitalTransformation #DigitalSales #ExperienceMeasurement #GeolocatedServices #SeamlessExperience #NewBranchLayout #MobileSales #SocialSales #DigitalSME #DigitalCorporate

Social, Sustainable & Responsible Banking

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

2

The Selection Phase

An innovation committee shortlists the best innovation in each category based on 3 criteria

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Originality

The uniqueness of the idea in the marketplace and its potential as a gamechanger.

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Impact

The innovation’s capacity to generate a superior, long-term competitive edge and a significant return on investment.

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Universality

The innovation’s adaptability across different markets and countries.

3

The Voting Phase

The Qorus–Accenture Banking Innovation Awards aims to appraise and recognize the most innovative projects, initiatives and ideas in banking globally. Winners are awarded by their peers, with a rigorous, independent process ensuring the credibility of the awards.

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Jury members

Votes coming from the Awards Jury, which comprises senior banking executives from across the world, will represent 50% of the global score

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Qorus members

Qorus members' vote account for 40% of the vote.

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Qorus Non-Members

Non members are also allowed to vote, but their vote will only account for 10% of the global vote.

Our Initiative in Numbers

20,000+
Online votes received in 2021
39
Senior banking leaders acted as judges in 2021
2066
Participating institutions since 2013
4156
Innovations since 2013

A Global Awards Program

We celebrate innovation from all around the world. Discover where the most disruptive banking projects come from!

Argentina
4 innovations
4 innovations
Australia
23 innovations
23 innovations
Austria
39 innovations
39 innovations
Bahrain
8 innovations
8 innovations
Bangladesh
13 innovations
13 innovations
Belgium
54 innovations
54 innovations
Bosnia and Herzegovina
6 innovations
6 innovations
Brazil
197 innovations
197 innovations
Bulgaria
39 innovations
39 innovations
Canada
47 innovations
47 innovations
Chile
3 innovations
3 innovations
China
5 innovations
5 innovations
Colombia
21 innovations
21 innovations
Croatia
34 innovations
34 innovations
Czech Republic
34 innovations
34 innovations
Denmark
21 innovations
21 innovations
Egypt
9 innovations
9 innovations
Finland
9 innovations
9 innovations
France
379 innovations
379 innovations
Georgia
19 innovations
19 innovations
Germany
34 innovations
34 innovations
Ghana
6 innovations
6 innovations
Greece
38 innovations
38 innovations
Hong Kong
12 innovations
12 innovations
Hungary
13 innovations
13 innovations
India
158 innovations
158 innovations
Indonesia
45 innovations
45 innovations
Ireland
29 innovations
29 innovations
Israel
40 innovations
40 innovations
Italy
271 innovations
271 innovations
Japan
24 innovations
24 innovations
Kazakhstan
5 innovations
5 innovations
Kenya
6 innovations
6 innovations
Korea (South)
21 innovations
21 innovations
Kuwait
17 innovations
17 innovations
Lebanon
51 innovations
51 innovations
Lithuania
6 innovations
6 innovations
Malaysia
67 innovations
67 innovations
Mauritius
15 innovations
15 innovations
Mexico
20 innovations
20 innovations
Morocco
17 innovations
17 innovations
Mozambique
4 innovations
4 innovations
Netherlands
31 innovations
31 innovations
New Zealand
7 innovations
7 innovations
Nigeria
48 innovations
48 innovations
Norway
5 innovations
5 innovations
Oman
7 innovations
7 innovations
Pakistan
40 innovations
40 innovations
Peru
3 innovations
3 innovations
Philippines
66 innovations
66 innovations
Poland
130 innovations
130 innovations
Portugal
57 innovations
57 innovations
Qatar
4 innovations
4 innovations
Romania
8 innovations
8 innovations
Russian Federation
84 innovations
84 innovations
Saudi Arabia
3 innovations
3 innovations
Serbia
10 innovations
10 innovations
Singapore
114 innovations
114 innovations
Slovakia (Slovak Republic)
14 innovations
14 innovations
South Africa
130 innovations
130 innovations
Spain
196 innovations
196 innovations
Sri Lanka
7 innovations
7 innovations
Sweden
19 innovations
19 innovations
Switzerland
15 innovations
15 innovations
Taiwan
10 innovations
10 innovations
Thailand
81 innovations
81 innovations
Turkey
378 innovations
378 innovations
USA
57 innovations
57 innovations
Ukraine
4 innovations
4 innovations
United Arab Emirates
174 innovations
174 innovations
United Kingdom
82 innovations
82 innovations
Vietnam
15 innovations
15 innovations
Zimbabwe
2 innovations
2 innovations
Africa
Asia and Pacific
Europe
Midle East
North America
South America

Testimonials

It’s amazing to see how your initiatives and work compare to other leaders in the space, and what you can take from their experiences to use it in your own work.

- Jackson Davey, Commonwealth Bank of Australia

We’ve got to learn a lot today about global innovation, best in class practices and experiences from banks and financial institutions from all over the world. Just hearing the insight from both Accenture; global specialists; It provides a ton of content and insight that we can all carry back home to our organizations.

- Peter Poon, Head, Digital Product Management, Bank of Montreal

Really nice to hear from across the industry, and really hear about best practice for areas where we might not be big players, and that really sparks ideas on our side as well. The process of actually submitting an idea genuinely moves the business forward.

- Andrew McCurrie, Head of Market Insights, Discovery

Our award, recognised our achievement at an industry level on an international stage. This gave us, as a team, a lot of credibility amongst our peers. It showed our colleagues what we were doing was not only important but also possible… in other words the award was recognition that we are, by doing things differently, able to deliver disruptive and game changing capabilities to our clients… and that’s not something we are saying but rather international organizations.

- Arno Von Helden, Head: Forex Solutions/CIB Global Markets, Standard Bank Group

Our Partnership and Values

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A non-profit organization for over 50 years, Qorus is a cornerstone of the financial services industry. Qorus facilitates networking that helps banks and insurers to reinvent themselves to thrive. It is a catalyst for reinvention for its members by helping them to go further, be faster and work together. 1,200 financial brands in 120 countries are Qorus members. 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.

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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 699,000 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.

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