World Finance Digital Banking Awards 2018
Best Digital Banks
Andorra: MoraBanc
Argentina: Nación Servicios
Barbados: CIBC FirstCaribbean
Brazil: Nubank
Canada: Tangerine
Chile: Banco de Chile
Colombia: Bancolombia
Costa Rica: BAC Credomatic
Dominican Republic: Banco Popular Dominicano
France: BNP Paribas Fortis
Germany: N26
Kuwait: Gulf Bank
Mexico: BBVA Bancomer
Myanmar: CB Bank
Nigeria: Access Bank
Panama: BAC Credomatic
Portugal: ActivoBank
Russia: Sberbank
Singapore: OCBC
Spain: BBVA
Turkey: Garanti Bank
UAE: Mashreq Bank
UK: Revolut
US: GoBank
Best Mobile Apps
Andorra: MoraBanc App – MoraBanc
Argentina: Pim – Nación Servicios
Barbados: CIBC FirstCaribbean Mobile – CIBC FirstCaribbean
Brazil: Banco Itaú – Itaú Unibanco
Canada: EQ Bank Mobile Banking – EQ Bank
Chile: Mi Banco – Banco de Chile
Colombia: Bancolombia App Personas – Bancolombia
Costa Rica: Banca Móvil – BAC Credomatic
Dominican Republic: Banco Popular Dominicano
France: Hello bank! – BNP Paribas Fortis
Germany: ING-DiBa Banking to go – ING-DiBa
Kuwait: Gulf Bank Mobile Banking – Gulf Bank
Mexico: Bancomer móvil – BBVA Bancomer
Myanmar: CB Bank Mobile Banking – CB Bank
Nigeria: Access Bank – Access Bank
Panama: Banca Móvil – BAC Credomatic
Portugal: ActivoBank – ActivoBank
Russia: Touch Bank – Touch Bank
Singapore: OCBC SG Mobile Banking – OCBC
Spain: BBVA Spain – BBVA
Turkey: Garanti Mobile Banking – Garanti Bank
UAE: Snapp – Mashreq Bank
UK: Tide Business Banking – Tide
US: Ally Mobile Banking – Ally Financial
The digitalisation of the banking sector has long been a work in progress, but 2018 brought rapid acceleration and a new sense of urgency to the transformation. As more and more banks funnel larger sums of money into digital solutions, the number of physical branches around the world continues to shrink.
Across the board, banks are now racing to embody the modern institutions that consumers are demanding, all while making sense of new regulations and technologies. Only a select few have managed to come out on top, which we celebrate in the World Finance Digital Banking Awards 2018.
One of the biggest challenges for banks in 2018 was responding to a number of high-profile cyberattacks that have taken place over of late. As cyberthreats become more sophisticated and complex, bank security is not only threatened by new technologies, but also by the legacy infrastructure that many institutions still rely on.