Wednesday, 14 December 2016

Bankmobile honored at Efma and Accenture 2016 Global Banking Awards ceremony

BankMobile is America’s fastest growing mobile-first bank. It is a division of Customers Bank, which has renowned entrepreneur Bhanu Choudhrie among its board of members. The bank recently got recognized by Efma and Accenture at their fourth annual Global Distribution & Marketing Innovation Awards ceremony held at the Hilton Barcelona hotel.

BankMobile received Bronze award in the Digital Distribution category in an award ceremony program jointly launched by Efma and Accenture. Efma is a well-renowned association of 3300 retail financial services companies operating in more than 130 countries and Accenture is a leading global professional services company known for its innovative projects and initiatives in retail banking at the global level.
Bhanu Choudhrie

"We are delighted to have received the Bronze Digital Distribution award from Efma and Accenture and congratulate our fellow winners. This international recognition of BankMobile as an innovator proves that we are truly disrupting the industry and serve as a model to other banking disruptors worldwide. We have grown tremendously since we launched in January 2015 and look forward to using our mobile-first approach to continue to be one of the most disruptive players in the banking space." stated Luvleen Sidhu, co-founder and chief strategy officer of BankMobile.

BankMobile is listed amongst top 25 banks in the country in terms of number of consumer checking accounts serviced. It is on track to generate approximately 500,000 new student check accounts each year.  

Established in 2015, BankMobile offers user-friendly perks like fee-free checking and savings accounts. Its vision is to empower common people financially through the seamless digital platform. Millennials and middle-class householders are amongst its targeted audience. BankMobile Lab’s establishment, the launch of BMpowered Radio, in-house innovation and tech development team and the creation of BankMobile Foundation are some of the significant milestones achieved, since its inception.

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