Bank of America is Celent’s Model Bank of the Year Celent has awarded its Model Bank of the Year to Bank of America for its efforts to. While Celent’s vision of Model Bank remains constant, much has changed over ten years. We look back at the history of Model Bank and its. NEW YORK–(BUSINESS WIRE)–Celent, a global financial services research and advisory firm, today announced that MoneyLion – the.

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We welcome technology vendors to encourage their FI clients to participate, but vendors themselves are not eligible for an award. In addition, we also published an overall Model Bank reportwhich discusses how the Model Bank programme has changed over 10 years and reviews the content themes across all nominations in Did you roll it out around the world? Every year we suggest five to eight categories and invite banks to nominate their technology initiatives.

Competition is global and fierce, and the selection process is rigorous. As regular readers of this blog abnk, this year we introduced specific named awards with only a single winner for each award.

Introducing Celent Model Bank Awards | Celent

Subscription required Access to this content requires a Celent research subscription. The nomination process is now closed. The information you will have supplied in the application form will serve as a great starting point for the case study.


Confirm the executive that will accept the award. Yes, we have prepared simple guidelines which can be accessed here.

Celent Model Bank Awards

Yes, please upload the material to the Additional Material section of the nomination form. A radically different or a step change from the existing technology platform and operating model e. Sincewe have been recognising one initiative every year bani the overall Model Bank of the Yearthe top honour. Celent have reviewed this profile and believe it ceelnt be accurate. We will work with you to manage the process along the way as closely as possible. However, the main purpose of this report is to provide an overview of Model Bank A subscription is required to activate this feature.

Improving capability to innovate and experimenting with new technologies.

Security, fraud and risk management. Bank of America, one of the big four US retail banks, has demonstrated that size, while sometimes a hindrance in innovating quickly, is not a definitive roadblock to developing new and useful products and services driven by technology.

There are no specific criteria for Model Bank of the Year. Creative use of physical resources e.


Winners of the Model Bank Awards | Celent

Undoubtedly, the highlight was attending Celent’s Innovation and Insight Day on April 4th, where we celebrated achievements of the Model Bank and Model Insurer award winners. Contact us for more info. The nomination process is now closed. The FIs are welcome to submit multiple nominationsbut they must be substantively different. Yes, Celent supports and encourages Model Bank award winners to issue a press release announcing mmodel achievement.

Contact us for more info.

If you still have any questions, please contact us at modelbank celent. Model Bank is the main award that a financial institution FI can win from Celent. Click to express your interest in this report.

Winning the Model Bank award gives the institution a number of privileges including: Click to express your interest in this report. Interesting pilots and proofs-of-concept with emerging technologies e. After long deliberations, the judging panel decided to recognize 21 initiatives as winners of the Model Bank awards, and they are listed in Table 1. Mizuho Financial Group, Japan.

BankingCorporate BankingRetail Banking. What were the biggest challenges?