BAI, Announces

BAI Announces 2022 Global Innovation Award Finalists

16.11.2022 - 06:35:05

announced the finalists for the 12th Annual BAI Global Innovation Awards, the financial services industry’s leading innovation honor, celebrating organizational achievements. These 27 global trailblazers have successfully designed and delivered innovations that positively improved customer relationships, fostered organizational changes and served their communities. In addition to innovations related to retail and commercial products, digital transformation, community, and organization processes, the finalists represent current themes related to fraud and security, HR and talent development, diversity and inclusion, and ESG.


The 2022 BAI Global Innovation Award finalists are:


Banco Popular (Puerto Rico): Talent Lab & Skills Accelerator


Bank of America (USA): Bank of America Security Center


BankiFi (USA): Open Banking API and Embedded Banking Platform for Businesses


BMO (USA): True Name


DenizBank (Turkey): Technology and Start-up Loans in Agriculture


Dreams Technology (United Kingdom): Dreams ESG Innovation


Fifth Third Bank (USA): Customer Recommendation Engine


FNB (South Africa): FNB Connect


Fonbulucu (Turkey): Fully Integrated Investment Ecosystem


Growsari (Philippines): - Powering the Digital Economy of the Philippines


JUMO (South Africa): Core & Unify


Kolleno (United Kingdom): Kolleno AR Platform


Money Management International, Inc (USA): Project Porchlight by MMI


MVB Bank (USA): Onboarding Fintechs Better, Faster, Stronger…the Victor (ad)Vantage


Oportun (USA): Digit by Oportun


OppZo (USA): Democratizing Access to Affordable Working Capital Loans


Payten Technology Inc. (Turkey): Paratika Crowdfunding e-Payment Project


Quilo (USA): Fully Digital Real-Time Syndication Platform


SoLo Funds (USA): SoLo Community Finance Platform


Standard Bank (South Africa): Trader Direct


Standard Bank (South Africa): OneFarm Share


Themis (USA): Making Compliance Easy and Reliable for Banks and Fintechs


Theta Lake (USA): Utilizing AI to Scale Data Security, Risk Detection and Compliance Supervision


TIAA (USA): TIAA Phone Authentication Risk Management (PARM)


Umoja Labs (USA): Building Payment Rails to Enable Universal Access to Affordable Digital Financial Services


Union Bank of India (India): Union Prerna


Yabx Technologies (Netherlands): Simplifying Financial Access, Control and Choice to the Underbanked


Zilch (United Kingdom): Zilch Technology: Financial Services Technology Innovation


“These 27 companies reflect how financial services leaders are bringing original and creative solutions to positively impact their business, customers and other stakeholders,” said Amy Radin, financial services innovation executive, award-winning author, and lead judge of the 2022 BAI Global Innovation Awards.


The winners will be announced in December 2022. To learn more please visit BAI Global Innovation Awards.