Celebrate the Coolest in NeoChallenger Banks

IBS Intelligence is proud to bring to you the Annual IBSi NeoChallenger Bank Awards – celebrating the coolest in Neo & Challenger Banks.

The global pandemic forced people to conduct their banking activities digitally. The multitude of challenges brought about by the pandemic has forced Financial Services firms to innovate at a speed never seen before.

In this challenging environment, Neo Banks and Challenger Banks achieved a new milestone in the financial industry. With online platforms, innovative user experience, and faster delivery of offerings, Neo Banks and Challenger banks are presenting themselves as more flexible and inclusive alternatives to traditional banks. In recognition of the emergence of these banks, it gives us great pleasure to invite you to participate in the inaugural edition of the Annual IBSi NeoChallenger Bank Awards.

IBS Intelligence is the world’s only pure-play Financial Technology (traditional and new-age) research, advisory, and media firm, with a global coverage, and a 360° portfolio of intelligence offerings.

Another one of our awards – the IBSi Global FinTech Innovation Awards identifies and honours technology players and banks for their excellence in driving impact through Banking Technology implementations and innovations using emerging technologies. These awards have grown significantly in popularity and importance since their inception, and the 2020 edition witnessed more than a 100% growth in nominations and participants, as compared to 2019. Mr. Sanjay Nayar, CEO, KKR was the key-note speaker at the event.

The IBSi NeoChallenger Bank Awards 2021 seek to identify and honour technology players and NeoChallenger Banks for their excellence in driving impact through banking technology implementations and innovations using emerging technologies.

Qualifying entries must represent projects that went live on or before June 2021 either as a soft launch or as a full rollout.

This year, we are looking forward to recognizing the most innovative and impactful Digital Arm of a Traditional Bank and Pure Play NeoChallenger Bank projects around the world across these segments:

  • Corporate Banking
  • Consumer Banking
  • Focused Categories (Islamic, Lending, Wealth)

Solution providers, service providers, and banks will be recognised and honoured on the following criteria:

  • Customer Experience (Flexibility across channels, access to employees, self-service experience)
  • Innovation in Offerings (Customer-centric products, analysis of customers’ preference, launching new products)
  • Innovation Excellence (Adoption of Concept)
  • Customer & Program Impact (Potential benefit/impact to customers, program ROI, etc)

There are no restrictions on the number of entries per participant. Participants are welcome to send in multiple entries across categories; however, each entry is to be made as a separate application.

The application to the Annual IBSi NeoChallenger Bank Awards 2021 does not involve any cost.

We will be accepting entries to the awards until 6th September 2021 and winners will be declared in October 2021.

Kindly submit your entries using the link: IBSi NeoChallenger Bank Awards Application.

For any queries, please get in touch at  IBSINCBAwards2021@ibsintelligence.com.

You can find out more about these Awards in the FAQs here

IBSi NeoChallenger Bank Awards 2021 – An Overview

Banking Awards