Bank Innovation Awards 2014: mBank among the best again

Bank Innovation Awards 2014: mBank among the best again

The Polish bank receives another international award. This time in the USA.

Bank Innovation Awards celebrate innovative successes in the financial services sector. They are presented to companies that go beyond the obvious, either in product, process or method. This approach should help them produce innovations of particular note and boost their financial results.The Bank Innovation Awards are presented annually at the Bank Innovation Conference to financial institutions for their noteworthy innovation accomplishments. The conference was for the second time organised in Seattle, USA by Bank Innovation, one of the leading American financial sites specialising in innovations in the banking industry. The second edition of the competition saw three companies winning the awards - mBank was accompanied by Citi Latin America and U.S. Bank.

Present in Poland, the Czech Republic and Slovakia, mBank got recognition for the new transactional platform launched in 2013. As part of this project the bank delivered over 200 functionalities and improvements. With its state-of-the-art platform, mBank was able to not only offer clients a completely new banking experience, but also improve its sales figures significantly.

Of the other two institutions, Citi was rewarded for its mobile payment solution that allows for the replacement of cash in transactions between merchants and Citi clients. U.S. Bank was presented an award for its successful development of photo banking, making it easier to pay bills and execute other popular transactions.It was yet another international award for mBank. For the first time in the history of the Polish banking industry, a project developed in Poland has become an international benchmark for other ventures of this kind. This has been confirmed not only by various awards, such as the Bank Innovation Award, Efma Awards (for the best online and mobile banking worldwide and for the most disruptive innovation) and Finovate Award, but also with a report by Forrester Research, which called mBank an example to be followed when developing similar projects combining banking and e-commerce services.

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