IndusInd Bank Won 3 Awards in IBA Technology Award 2015-16

IndusInd Bank Ltd was awarded three prestigious awards at the 10th edition of the IBA Technology Award, provided by Indian Banking Association (IBA), on Tuesday, February 16, 2016 in Mumbai.

IndusInd Bank Logo

Winning categories: –

The winner of the Best Payment Initiative – a highly integrated payment technology infrastructure products and banking services, innovative payment initiatives, electronic benefits transfer ready, the connection between the client and the huge increase in user adoption of various mechanisms of electron transfer.

The winner of the Best Initiative for financial integration easy to use technology adoption by the bank, as well as awareness programs, activation eKYC, attracting business correspondent, and the ability to serve a variety of channels.

Second place Best Fraud and Risk Management Initiative taken by the Bank to strengthen the risk structure of the steps Risk Management, which includes application management platform for enterprise risk management of credit, market and liquidity risk, and initiatives related to the management of fraud and cyber-security,

Commenting on this occasion, Paul Abraham, Chief Operating Officer (COO), said IndusInd Bank, “We are pleased to see that our ongoing efforts will be rewarded. This strengthens the trust and reliability of the bank, and motivates us to work even better. Looking ahead, our focus will be to develop cognitive ability analysis. These capabilities improve the quality of customer service and support for our strategy Responsive innovations “.

The awards recognize technological IBA banks for innovative ideas and implementation of various technological initiatives. Awards were chaired by H R Khan, Deputy Governor, Reserve Bank of India.

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