City Union Bank Sweeps 7 Awards At 19th Banking Tech Conference

In a triumphant display of technological prowess, City Union Bank, under the stewardship of Dr. N Kamakodi, claimed an impressive seven awards at the 19th Banking Technology Conference, Expo & Citations in 2023.

Recognition Across Multiple Categories

The event, organized by the Indian Banks Association (IBA), recognized the institution’s exceptional performance in seven distinct categories:

1. Artificial Intelligence and Machine Learning
2. Fintech DPI Adoption
3. Financial Inclusion
4. Digital Engagement
5. IT Risk Management
6. Technology Talent
7. Special Mention for Best Technology Bank

Coveted Titles and Top Honors

• The ceremony, held in the presence of T Rabi Sankar, Deputy Governor of the RBI saw City Union Bank take home the coveted titles of Best AI ML Bank, Best Fintech DPI Adoption, and Best Financial Inclusion.
• These accolades highlight the bank’s commitment to leveraging cutting-edge technology to provide superior services to its clients.

Runner-Up Positions and Special Mention

• In addition to these top honors, CUB also secured runner-up positions in the categories of Best Digital Engagement, Best IT Risk Management, and Best Technology Talent.
• The bank’s dedication to fostering a culture of innovation and excellence was further underscored by a Special Mention for Best Technology Bank.

Dr. Kamakodi’s Pride and Commitment

• Dr. Kamakodi, MD & CEO of City Union Bank, expressed his pride in the bank’s achievements, stating that “these awards are a testament to the relentless pursuit of innovation and excellence by our technology team.”
• He further emphasized the bank’s commitment to harnessing the power of technology to create a more inclusive and efficient banking ecosystem.

Encouraging Competition and Value

• The event aimed to encourage competition in delivering significant value to banks and their clients. City Union Bank’s impressive haul of awards demonstrates its position as a frontrunner in the industry, setting new standards for technological advancement in banking.

Setting New Standards in Banking Technology

• The 19th Banking Technology Conference, Expo & Citations, organized by the Indian Banks Association (IBA), brought together leading technology providers in the banking sector to showcase their innovative products and services.
• City Union Bank has once again proven its mettle in the realm of banking technology, capturing seven prestigious awards at the 19th Banking Technology Conference, Expo & Citations 2023.