CHICAGO, IL--(Marketwired - Jan 27, 2014) - Today, BAI and Infosys Finacle announced that nominations are now open for the 2014 BAI - Finacle Global Banking Innovation Awards. Since 2011, the awards program has recognized breakthrough innovation from leading global financial institutions that positively impacts profitability, efficiency and customer experience.
"The success of the awards program over the past three years demonstrates that innovation is alive and thriving in retail banking around the world," says Debbie Bianucci, president and chief executive officer of BAI, "and we are honored to again showcase those organizations who lead the way. Innovation is what enables our industry to continue to evolve in order to meet the fast-changing needs of customers, and celebrating this creativity and success is a vital step in moving the industry forward."
Haragopal Mangipudi, Senior Vice President and Global Head - Finacle™, Infosys says, "Innovation is the key to creating sustainable and profitable growth in this rapidly changing environment. As a transformation partner to banks globally, we are focused on helping them simplify banking and accelerate innovation across business segments. In this journey, we are delighted to once again partner with BAI to honor the leaders of innovation."
This year, organizations can submit nominations in the following categories: Product and Service Innovation, Channel Innovation, Innovation in Internal Process Improvement and Innovation in Societal and Community Impact.
Finalists and award winners will be selected by The Innovation Circle Judging Panel, a distinguished international group of prominent industry thought leaders and retail banking professionals. This esteemed group will select winners in each of the four submission categories, in addition to a winner of two additional awards: Disruptive Innovation in Banking and Most Innovative Bank of the Year.
Winners and finalists will be recognized by BAI and Infosys Finacle during an awards ceremony at the BAI Retail Delivery Conference & Expo, scheduled November 12-14, 2014, in Chicago. As the premier conference in retail banking today, BAI Retail Delivery attracts thousands of influential bank executives and hundreds of top solutions providers from all regions of the world.
Nominations will be accepted from retail financial institutions, solutions providers, industry analysts and public relations firms that represent those institutions, but only retail financial institutions are eligible to receive awards. There is no fee for submitting nominations.
Those seeking to submit nominations can do so online at baiglobalinnovations.com through May 30, 2014.
BAI is the financial services industry's resource for breakthrough information and intelligence needed to innovate and stay relevant in an evolving marketplace. For more than 85 years, BAI has focused on providing the industry with unbiased and objective education and research. BAI's offerings are as diverse as the industry, and include premier events such as BAI Retail Delivery Conference & Expo, groundbreaking research, professional learning and development programs, and in-depth editorial coverage through BAI Banking Strategies. For more information, visit www.bai.org.
BAI is Bank Administration Institute and BAI Center.
About Infosys Ltd
Infosys is a global leader in consulting, technology and outsourcing solutions. We enable clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence. Visit www.infosys.com to see how Infosys (NYSE: INFY), with US$7.4 billion in annual revenues and 158,000+ employees, is Building Tomorrow's Enterprise® today.
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