In the past few days, the 5th annual 2015 BAI-Infosys Finacle Global Banking Innovation Awards took place in the US. This award recognises vision and leadership in retail banking worldwide.
We are proud to learn that Fidor Bank AG, our Ingenious Enterprise client, was not only nominated in four out of nine catgegories, they also ended up taking home two awards in the following categories: Product and Service Innovation, and Disruptive Innovation in Banking.
The selection for the winner are based on multiple rounds of evaluation and in-depth discussions by the Innovation Circle Judging Panel and other industry experts, judged against two main criteria: originality of the innovation, as well as impact for the customer and financial institution.
On winning the Disruptive Innovation in Banking award, Chris Skinner, chair of the European networking forum the Financial Services Club, has reported on Fidor on BankNXT:
“Fidor Bank is one of the first banks worldwide to provide these interfaces that allow service providers and programmers to connect. With this approach, Fidor Bank not only provides financial services that primarily have only been available to large companies or other banks, but is opening up these financial services for the entire industry, a concept that wasn’t previously conceivable.”
“The fOS used by Fidor Bank is also in strong demand from other companies as a white-label solution that can be configured to their individual specifications, thus providing Fidor Bank with an additional revenue stream.”
We couldn’t be happier with our client’s success. Well done, Fidor!
