New Delhi, India, August 3, 2015: YES BANK has won multiple awards at the Global Finance World’s Best Digital Banks Awards organized by the Global Finance Magazine (headquartered in New York), in the following categories:
- Country Winner Best Corporate/ Institutional Digital Bank –India
- Asia Pacific winner in sub category of Best Information Security Initiatives
This is YES BANK’s first victory at the prestigious World’s Best Digital Banks Awards which saw participation from Banks in more than 80 countries across the world. This is the 16th year Global Finance has named the World’s Best Digital Banks.
Speaking about the awards, Rana Kapoor, Managing Director & CEO, YES BANK said “
YES BANKers are pleased to receive these prestigious recognitions from Global Finance magazine. The Award as India’s Best Digital Bank reinforces YES BANK’s leadership position in the Digital Banking and Payments domain. We continue to offer cutting edge banking and financial solutions to our clients and are steadfastly committed to our vision of Building the Finest Quality Bank of the World in India by 2020.”
YES BANK’s recognition as the Best Corporate/Institutional Digital Bank comes on the back of pioneering initiatives undertaken by YES BANK for its Corporate Customers with a focus on speed, convenience and security. YES BANK has been at the forefront of Information security implementation in India’s Banking industry and has multiple firsts to its credit having introduced new authentication systems including Public Key Infrastructure(PKI) , 2-Factor Authentication and Biometric Authentication.
YES BANK has also deployed a “State of the Art” in house business Analytics tool. This tool redefines the way information is accessed with motto of “Enabling Real Time Information Anytime and Anywhere”. This tool facilitates customization of reports based on customer need and makes them available to him via Net Banking platform into White Space.
YES BANK was declared winner based on the criteria of strength of strategy for attracting and servicing digital customers, success in getting clients to use digital offerings, growth of digital customers, breadth of product offerings, and evidence of tangible benefits gained from digital initiatives, and web/mobile site design and functionality. Category winners, such as “Best Information Security Initiatives” were selected based on the relative strength and success of those web products and services.
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