Qorus Reinvention Awards - Europe 2025

about the awards

The Qorus Reinvention Awards - Europe launched in 2024 and seek to put the spotlight on the institutions ‒ and the people behind them ‒ that are innovating at scale to shape the future of financial services in the region.

Why participate

Help promote a culture of innovation in financial services
Achieve the recognition of your colleagues
Be acknowledged by your regional industry peers
Gain public acclaim for your organization as an innovation leader
Network with other executives who are driving innovation
Benchmark your innovation against those of other banks and insurers in Europe
Be inspired by the creativity and boldness of your peers

How to qualify

To be considered for the Qorus Reinvention Awards, you would need to have made a submission/s into the Qorus-Infosys Finacle Banking Innovation Awards or Qorus Innovation in Insurance Awards or SME Banking Community Awards. Your entry will then be evaluated against your regional peers based on the results of those voting and judging processes.

HOW WE ASSESS OUR INNOVATIONS

An innovation committee shortlists the best innovation in each category based on 4 criteria:

Originality: The uniqueness of the idea in the marketplace and its potential as a gamechanger.

Impact: The innovation’s capacity to generate a superior, long-term competitive edge. This includes KPIs such as RoI, NPS, cost reduction, churn rate, employee engagement score, customer lifetime value (CLV), time reduction, carbon footprint, etc.

Universality: The innovation’s potential to be relevant and/or adapted for use in other markets, or even industries.

Form quality: A detailed description of the project in its various phases, its results, and the addition of presentation slides, videos or images to visualize and better understand the project.

our categories

Customer Experience

Significant enhancements in the bank’s marketing, sales and distribution, and its management of customer channels, communications, engagement and relationships.

Distribution

Innovative practices including new delivery channels; branch transformation; multi-channel integration; mobile banking and scalable end-to-end value propositions that that capitalize on the power of partnerships, platforms and the Internet of Things.

Environmental, Social, and Governance (ESG)

Innovations that demonstrate how banks and insurers have embedded sustainability and ESG into their value chains.

New Ways of Working

Recognizing trailblazers who are redefining the future of work. This includes pioneering remote work strategies; creative ways of fostering a culture of collaboration, or implementing groundbreaking productivity techniques.

Operational Excellence

Scalable processes that drive improved efficiency to support a faster pace of growth for the bank’s revenue stream and asset base than for its overhead costs.

European Innovator of the Year

The organization whose corporate vision commits it to continuous innovation and transformation, to the development and leadership of a broad ecosystem of partners extending beyond banking, and to the exploitation of emerging technologies.

the awards ceremony

Qorus and its partners will announce the winners of the Qorus Reinvention Awards - Europe 2025 during its Reinvent Forum Vienna on 14 May 2025 at high-profile awards ceremony at the Erste Campus.

get in touch

Want to find out more about the awards? Please contact us at innovations@qorusglobal.com or boris@qorusglobal.com and our team will get back to you quickly.