IBS intelligence announces the Winners of its Digital Banking Awards 2024

Bengaluru, April 19, 2024: As digital banks disrupt traditional models with their agility and customer-centric approach, traditional banks are starting to harness the power of technology to fortify their positions and expand their reach. This convergence of innovation underscores the importance of these awards, as they celebrate the dynamic evolution of banking in the digital age.

The IBSi Digital Banking Awards 2024 seek to identify and honour the most innovative and impactful technology implementation projects at a digital arm of traditional banks, Neobanks, and Challenger Banks around the world. The fourth edition of the Digital Banking Awards evaluated 60+ installations across multiple geographies.

Nikhil Gokhale, Director – Research and Digital Properties at IBS intelligence said, “The Digital Banking Awards epitomize the transformative shift in banking, celebrating both digital pioneers and traditional institutions for their adaptability and innovation. In its fourth edition, these awards remain a beacon of banking excellence amidst an era defined by innovation, collaboration, and customer-centricity.”

The winners for IBSi Digital Banking 2024 are:

Segment Winners

• Consumer Banking:
  • Cloud4C | MBank
  • NETinfo | AstroBank
• SME & Corporate Banking:
  • Azentio | Consolidated Bank Ghana
  • HSBC Kinetic
• Islamic Banking & Wealth Management:
  • GBST | Cresent Wealth
• Compliance:
  • Azentio | Albilad Capital
• Digital Lending
  • Pennant | Credit Saison
• Wealth Management:
  • Codebase Technologies | Capital Investments
• Forex Management:
  • Okoora

Category Winners

• Customer Experience:
  • Capital Banking Solutions | Banque Des Depots Du Tresor
• Innovation in Offering:
  • Infosys Finacle | RCBC DiskarTech
  • Neokred | Equitas Small Finance Bank
  • Standard Chartered
• Implementation Excellence:
  • BPC | Cake Bank
  • Intellect Design Arena | Exim Bank
  • Systems Limited | UBL
• Customer & Program Impact:
  • Illimity Bank
  • Infosys Finacle | IndusInd Bank
  • Veefin | Yes Bank

Regional Winners

• Asia:
  • Clayfin | Jana Small Finance Bank
• Middle East & Africa:
  • Azentio | Consolidated Bank Ghana
  • Codebase technologies | Bahrain Commercial Facilities Co
  • Intellect Design Arena | Exim Bank
• Europe:
  • Comarch | Credit Agricole

About IBS Intelligence

Established in 1991, UK-headquartered IBS Intelligence is the leading global pure-play Financial Technology research, news analysis, and advisory firm. IBSi’s Sales League Table is considered the global industry barometer ranking leading banking technology suppliers. Its research reports comprehensively cover international suppliers across all Banking Technology & Financial Technology systems and are also distributed by Thomson Reuters, Bloomberg, and S&P Capital IQ.

Cedar-IBSi’s FinTech Lab in the heart of Dubai’s Internet City has been home to global FinTechs who need a “soft-landing” opportunity into the MENA region. It brings together banks and suppliers with an opportunity to access the Middle East market and to test and experience global Financial Technology products within the region. The group company, Cedar, is a global management consulting firm with deep expertise in formulating and executing a business strategy for financial services clients worldwide with a significant focus on leading their technology and digital transformation.

For media-related enquiries, please write to enquiries@ibsintelligence.com.