The 2012 BAI Finacle Global Innovation Awards were recently held during the BAI Retail Delivery Conference, held in Washington, DC October 8-11. In their second year, the awards reached a new level of excitement, participation and industry buzz. The event was broken into two sessions. The first was an Awards ceremony, open to all conference attendees, where each finalist was recognized and the winner joined Debbie Bianucci, Executive Director of BAI and Sanat Rao, Global Head, VP Client Services for Finacle on stage to share some remarks about their winning innovation and to accept their award. Debbie and Sanat also engaged in a lively discussion on industry trends for the standing-room-only audience. Winners, finalists, key bank contacts, media, and analysts were then invited to a special VIP luncheon to celebrate the awards and network with one another.
The Awards ceremony was attended by more than 170 conference attendees, including bankers, media, analysts and solution providers, a 125% increase over last year’s session. The Awards Luncheon, a new addition this year, was limited to 80 VIPs. In total, more than 200 media outlets posted the BAI Finacle Awards news release or provided more detailed coverage. Most notably, the Awards were included in the Wednesday, October 17th Bank Technology News print issue and show daily report onsite at the BAI conference. Additionally the news release was posted on Yahoo Finance, MSNBC, CNN Money, Bloomberg, CBS Marketwatch, the LA Times, and Chicago Tribune.
The following is the list of winners:
Product Innovation Award
OCBC Bank of Singapore for Frank, their holistic approach to serving Generation Y
Channel Innovation Award
DenizBank of Poland for their fully functional bank on Facebook
Most Disruptive Innovation Award
Alior Bank of Turkey for their virtual bank called Alior Sync
Most Innovative Bank of the Year
First National Bank of South Africa (FNB)