BankMobile wins accolades for transforming customer experience

Established in 2015, BankMobile is America’s fastest growing mobile-first bank. The virtual banking platform is a digital banking division of Customers Bank, which has eminent business leaders like Bhanu Choudhrie amongst the board of directors.

BankMobile recently received Bronze award in the digital distribution category at the Global Distribution & Marketing Innovation Awards ceremony jointly organized by Efma and Accenture at the Hilton Barcelona Hotel.  

More than 200 financial institutions from 61 countries submitted over 460 case studies of innovations within 10 categories that included Customer Experience; Digital Marketing; Physical Distribution; Digital Distribution; Payments and Wallets; Salesforce Change Management; Big Data, Analytics and AI; Best New Service or Product; Global Innovator; and Most Disruptive Innovation.

The winners were selected by a combination of votes from a panel of judges comprising of EFMA members and non-members and senior retail bankers from around the world.

"We are delighted to have received the Bronze Digital Distribution award from Efma and Accenture and congratulate our fellow winners," stated Luvleen Sidhu, Co-Founder and Chief Strategy Officer of BankMobile. "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."

Listed amongst the top 25 banks in the country in terms of number of consumer checking accounts serviced, Bankmobile currently has two million depositors serviced. The virtual bank will be soon generating 50,000 new student checking accounts each year, making it the fastest growing digital bank in the country.

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.

"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.

Bankmobile gets recognized by Efma and Accenture at 2016 Global Banking Awards ceremony

BankMobile, America’s fastest growing mobile-first bank and a division of Customer Bank was recognized by Efma and Accenture at their fourth annual Global Distribution & Marketing Innovation Awards ceremony held at the Hilton Barcelona hotel.

The award ceremony program was jointly held by Efma and Accenture, and BankMobile received the Bronze award in the ‘Digital Distribution’ category. 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.    

Co-Founder and Chief Strategy Officer of BankMobile stated "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."

Customers Bank has eminent entrepreneurs like Bhanu Choudhrie among the board of directors and is currently listed amongst Top 25 banks in the country in terms of number of consumer checking accounts serviced. It is soon going to generate approximately 500,000 new student check accounts each year.  

The bank has achieved significant milestones since its establishment, including BankMobile Labs, the launch of BMpowered Radio, in-house innovation and tech development team and the creation of BankMobile Foundation.

It was established in 2015 and offers user-friendly perks like fee-free checking and savings accounts. Millennials and middle-class householders are amongst its targeted audience. Its vision is to empower common people financially through seamless digital platform.