City Union Bank Wins 7 IBA Tech Awards, Continues Winning Streak
Honoured for Excellence in Banking Technology at IBA’s 20th Annual Conference
BILKULONLINE
Chennai, Ahmedabad, Jan 27: City Union Bank (CUB), a leading private sector lender with a legacy of over 120 years, has reaffirmed its position as a frontrunner in banking technology by securing seven prestigious awards at the 20th Annual Technology Conference, Expo & Citations 2024 hosted by the Indian Banks’ Association (IBA) in Mumbai.
For the second consecutive year, CUB has won awards across all seven categories, recognizing its excellence in digital innovation, risk management, and fintech adoption. The awards were presented by T. Rabi Sankar, Deputy Governor of the Reserve Bank of India (RBI), to Vijay Anandh, Executive Director of City Union Bank, in the presence of the bank’s technical team.
Expressing his delight, Vijay Anandh said, “We are thrilled to receive IBA awards in all seven categories once again. This recognition underscores our commitment to technological advancements in banking. We have been continuously launching new IT-enabled products for our customers, including eight digital solutions introduced at the Global Fintech Fest 2024. Moving forward, we will continue innovating to enhance customer experience and aim for excellence in all IBA award categories.”
CUB’s Achievements at the IBA Banking Technology Awards 2024:
Winner in Four Categories:
Best Digital Sales, Payments & Engagement
Best IT Risk Management
Best Fintech & Digital Payment Index (DPI) Adoption
Best Financial Inclusion
Runner-Up:
Best AI & ML Adoption
Special Awards:
Best Technology Talent & Organisation
Best Technology Bank
The IBA awards celebrate the best technology providers in the banking sector, encouraging innovation and excellence in digital transformation. CUB’s continued success in these awards highlights its leadership in integrating cutting-edge solutions for enhanced customer service and operational efficiency.
