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Published Date: January 09, 2025

Winners of Qorus-Infosys Finacle Banking Innovation Awards 2024 Announced

25 banks win across nine categories recognizing the best of banking innovation worldwide

Bengaluru, India and Paris, France – January 09, 2025: Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY) and Qorus, a global association for retail financial institutions, have announced the winners of the 11th edition of the Qorus-Infosys Finacle Banking Innovation Awards. Winners were felicitated in an award ceremony, conducted as part of the Infosys Finacle Conclave.

The awards, which recognize the best customer-centric ideas and innovations by banks, attracted more than 390 applications from 177 financial institutions across 57 countries. Applicants ranged from agile start-ups to the world’s largest financial institutions. Winners were selected across nine categories: Business Model Transformation, Core Offering Innovation, Future Workforce, Neobanks & Fintech Players, Operational Excellence, Reimagining the Customer Experience, Transformative Innovator of the Year, Emerging Tech Innovation of the Year, and Social, Sustainable & Responsible Banking. The selection process involved peer-based voting combined with evaluation by a panel of 33 expert judges from leading global financial firms.

The complete list of the recognized banks and details of their award-winning banking innovations is available here.

John Berry, Chief Executive Officer, Qorus, said, “The awards are into their second decade and continue to garner overwhelming support from the banking industry. By recognizing and rewarding innovative ideas, these awards set a benchmark for others to learn from and grow. This year’s submissions offer rich inspiration, illustrating how banks are broadening and diversifying their products and services to meet and exceed customer needs and expectations while championing the sustainability imperative.”

Sajit Vijayakumar, Chief Business Officer and Global Head, Infosys Finacle, said, “The banking industry is undergoing a period of rapid transformation, as banks worldwide explore new possibilities with cutting-edge technologies and innovative business models. The Qorus-Infosys Finacle Banking Innovation Awards recognize banks at the forefront of this transformation. Congratulations to all the winners and nominees for their exceptional commitment to innovation, sustainability, and customer centricity. Their achievements are setting new standards for the industry and inspiring a better banking future.”

To find out more about the award-winning innovations, follow the conversation on LinkedIn at #IBankAwards24 or visit: https://www.qorusglobal.com/awards/banking/.

About Qorus

A global non-profit association established in 1971 by banks and insurance companies, Qorus (formerly known as Efma) helps its members to reinvent themselves to thrive – to go further, be faster and work together. Its global ecosystem brings valuable insights, inspiring events, rich data, and active global communities all in one place. With over 50 years of experience, Qorus provides a neutral space for best-practice sharing and collaboration, while offering diverse knowledge and a global reach – to more than 1,200 financial groups in 120+ countries. Headquartered in Paris, Qorus serves financial institutions on all continents, with offices in Andorra, Bangkok, Bratislava, Brussels, Dubai, Istanbul, Kuala Lumpur, London, Milan, Seoul, and Tokyo. Learn more at www.qorusglobal.com

About Infosys Finacle

Finacle is an industry leader in digital banking solutions. We are a unit of EdgeVerve Systems, a wholly-owned product subsidiary of Infosys (NSE, BSE, NYSE: INFY). We partner with emerging and established financial institutions to help inspire better banking. Our cloud-native solution suite and SaaS services help banks engage, innovate, operate, and transform better to scale digital transformation with confidence. Finacle solutions address the core banking, lending, digital engagement, payments, cash management, wealth management, treasury, analytics, AI, and blockchain requirements of financial institutions. Today, banks in over 100 countries rely on Finacle to help more than a billion people and millions of businesses to save, pay, borrow, and invest better. For more information, visit www.finacle.com

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

Media contacts:

For further information, please contact: PR_Global@infosys.com
Qorus – innovation@qorusglobal.com

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