Global Finance names Bank ABC’s ABC Labs as one of the world’s best financial innovation labs

Global Finance names Bank ABC’s ABC Labs as one of the world’s best financial innovation labs

ABC Labs, Bank ABC’s innovation lab, launched in November 2019, has won the Global Finance World’s Best Financial Innovation Labs award for Bahrain, as part of the magazine’s Innovator Awards for 2021. These awards honour exceptional innovation labs, banks and fintech organisations from across the globe and are viewed as one of the industry’s most credible and popular references for forward-thinking institutions. “This award is a testament to Bank ABC’s vision of innovation through technology which will improve our customer experience and bring us closer to the Bank of the future. The ABC Labs initiative brings together ‘best-in-breed’ talent from across the organisation and the industry and winning this prestigious award further cements Bank ABC’s position as a leading innovator in the sector. It reaffirms that innovation lies at the heart of delivering exceptional service and products for our customers,” says Mr. Sael Al Waary, Deputy Group CEO, Bank ABC. Mr. Al Waary adds, “My heartfelt congratulations to everyone involved, this award is indeed a great achievement for both Bank ABC and Bahrain.” ABC Labs has been recognised for its customer-focused innovations such as the industry first emotionally intelligent and award-winning AI-powered digital banking assistant ‘Fatema’ in addition to the