Vijaya Bank (now Bank of Baroda) and Clari5 have won the award for Most Innovative Use of AI & Machine Learning at the 1st IBS Intelligence Global FinTech Innovation Awards. For over 28 years IBS Intelligence has been a leader in global banking technology research and this year they decided for the first time to organize an awards ceremony. The 1st IBS Intelligence Global FinTech Innovation Award had 26 winners and 22 runners-up from banks and suppliers across 15 countries. The competition was fierce with about 150 participants. Nominations were carefully assessed on the basis of key factors such as Program Complexity, Program Governance, Best Practices & Tools Adopted, Originality & Simplicity, Adaptability of Concept, Innovation Excellence and Customer Impact before deciding the winners. Read More

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