About
The Middle East & Africa Innovation Awards 2026 exist to honour, and celebrate the region’s preeminent banking institutions and their contribution to transaction banking and risk management. This has become increasingly critical as volatile inflation across the region and fluctuating commodity prices are impacting bank profitability and balance sheet strength. To that end, The Digital Banker welcome’s you to participate in the program to showcase how your institution has been leveraging innovation in maintaining key transaction banking relationships and superior risk management capabilities.
The Digital Banker Awards are accolades of excellence and distinction, attributed to outstanding players – they are held in high regard as unbiased benchmarks for the worldwide financial services industry worldwide. Our accreditation programs exist to celebrate the world’s most cutting-edge banks that are pioneering unrivalled standards and capabilities- those that are transforming the industry by setting new milestones in service delivery, digital innovation, product development and customer experience.
Submissions Close In
2025 Awards Highlights
Why Nominate?
The transaction banking and risk management landscape in the Middle East & Africa is undergoing significant transformation and is being redefined by technological advancements, sophisticated client mandates, and an evolving regulatory environment. As banks adapt to these strategic shifts, they will likely seek to enhance their operational efficiencies by providing more tailored and secure financial services powered by innovative and feature-rich technologies to meet the demands of a rapidly digitizing market.
Through this unique program, The Digital Banker will assess banks that offer leading transaction banking services to corporate, financial institutions or public sector customers and have introduced superior risk management frameworks and systems that are ensuring institutional scalability and resilience. Effectively, these prestigious awards will identify and distinguish best in class performance, innovation and execution across the transaction banking and risk management verticals, which have severely tested bank resources and capabilities in recent times amid challenging business conditions.
Who Can Apply?
We invite submissions from transaction banks and wholesale banks that offer cash management, payments, trade finance, trade solutions, securities services, and treasury services. We also invite risk management teams that have deployed the highest risk control and mitigation processes amid a dynamic threat environment. If you identify your institution or solutions provider as an industry leader that is pushing boundaries and driving unrivalled innovation in transaction finance or risk management, we welcome you to send in your nominations for the respective awards.
Awards winners will be announced and celebrated across The Digital Banker’s global media channels, magazine, and multi-media partner outlets. The submission deadline for all entries is 18:00 GMT, 20th February 2026.
Past Winners
- 2026
- 2025
- 2024
- 2023
- 2022
- 2021
Best Bank for Trade Finance - United Arab Emirates
Winner
Best Bank for Cash Management - United Arab Emirates
Winner
Best Bank for Payments & Collection - United Arab Emirates
Winner
Best Bank for Supply Chain Finance - United Arab Emirates
Winner
Best Bank for Transaction Banking Services - United Arab Emirates
Winner
Best Bank for Payments & Collection - South Africa
Winner
Best Bank for Trade Finance - United Arab Emirates
Highly Acclaimed
Excellence in Digital Innovation - Trading App
Winner
Best Payments Platform Initiative - Kingdom of Saudi Arabia
Winner
Best Transaction Banking Innovation Lab
Winner
Best AI-Powered Fraud Detection Solution by a Vendor
Winner
Best Digital Asset Innovation by a Bank
Winner
Excellence in Digital Innovation
Winner
Best Digital Treasury Management Initiative
Winner
Best Mobile App for Corporates
Winner
Best Digital Identity & KYC Innovation
Winner
Best Payments Platform Initiative
Winner
Best AI-Powered Fraud Detection Solution - Middle East
Winner
Best AI Powered Business Intelligence & Advisory Platform - Africa
Winner
Best Supply Chain Finance Platform Initiative - United Arab Emirates
Winner
Best Supply Chain Finance Platform Initiative - Africa
Winner
Best Digital Transformation Program by a Vendor
Winner
Best Bank for Cash Management - Middle East
Winner
Best Bank for Payments & Collection - Middle East
Winner
Best Bank for Supply Chain Finance - Middle East
Winner
Best Bank for Trade Finance - Middle East
Winner
Best Bank for Transaction Banking Services - Middle East
Winner
Outstanding Achievement in AML/CTF in the Middle East/Africa
Winner
Outstanding Achievement in Cyber Security in the Middle East/Africa
Winner
Outstanding Achievement in Operational Risk Management in the Middle East/Africa
Highly Acclaimed
Outstanding Achievement in Credit Risk Management in the Middle East/ Africa
Winner
Outstanding Achievement in Operational Risk Management in the Middle East/Africa
Winner
Outstanding Use of Technology in Trade Finance by a Bank and Vendor
Winner
Outstanding Use of Technology in Trade Finance
Winner
Outstanding Use of Technology in Trade Finance - Overall
Winner
Outstanding Use of Technology in Asset Servicing - Middle East
Winner
Best API Initiative - United Arab Emirates
Winner
Outstanding Use of Technology in Cash and Liquidity Management
Winner
Best Automation Initiative
Winner
Best Gen AI Initiative
Winner
Outstanding Use of Technology in FD
Winner
Best AI Initiative - Africa
Winner
Best Clearing Technology Initiative
Winner
Best Data Analytics Initiative - Middle East
Winner
Outstanding Use of Technology in Payments and Collection
Winner
Outstanding Structured Trade Finance Solution
Highly Acclaimed
Best ERP Integration Initiative
Winner
Best Virtual Account Initiative - United Arab Emirates
Winner
Outstanding Sustainable Finance Solution
Winner
Outstanding Structured Trade Finance Solution
Winner
Best Virtual Account Initiative - Middle East
Winner
Outstanding Embedded Banking Solution for Corporates - Middle East
Winner
Outstanding Account Opening and Onboarding Initiative
Winner
Best Open Banking Ecosystem Innovation
Winner
Best Corporate Card Solution
Winner
Outstanding Supply Chain Finance Solution - United Arab Emirates
Winner
Best Bank for Cash Management - Saudi Arabia
Winner
Best Bank for Transaction Banking Services - Saudi Arabia
Winner
Best Bank for Cash Management - UAE
Winner
Best Bank for Payments & Collections - United Arab Emirates
Winner
Best Bank for Transaction Banking Services - United Arab Emirates
Winner
Best Bank for Trade Finance - UAE
Winner
Best Bank for Supply Chain Finance - United Arab Emirates
Winner
Best Bank for Trade Finance - South Africa
Winner
Best Bank for Trade Finance - Zambia
Winner
Best Bank for Cash Management - Qatar
Winner
Best Bank for Trade Finance - Qatar
Winner
Best Payments Platform Initiative - Africa
Winner
Best Digital Innovation - Trading App
Winner
Best Supply Chain Finance Platform Initiative
Winner
Best Mobile App for Corporates
Winner
Best Digital Asset Innovation
Winner
Excellence in Digital Innovation
Winner
Best Bank for Cash Management - North Africa
Winner
Best Bank for Trade Finance - Middle East
Winner
Best Bank for Cash Management - Middle East
Winner
Best Bank for Payments & Collections - Middle East
Winner
Best Bank for Supply Chain Finance - Middle East
Winner
Best Bank for Payments & Collections - Africa
Winner
Best Bank for Transaction Banking Services - Africa
Winner
Outstanding Achievement in Operational Risk Management in the Middle East/Africa
Winner
Outstanding Achievement in Credit Risk Management in the Middle East/ Africa
Winner
Best AI Initiative
Winner
Outstanding Cross Border Payment Solution for Corporates
Highly Acclaimed
Best Virtual Account Initiative
Winner
Outstanding Cross Border Payment Solution for Corporates
Winner
Outstanding Cross Border Payment Solution for Corporates
Winner
Best Digital Innovation
Winner
Best Digital Treasury Management Initiative
Winner
Best Mobile App for Corporates
Winner
Best Payments Platform Initiative
Winner
Best Payments Platform Initiative
Highly Acclaimed
Best Supply Chain Finance Platform Initiative
Winner
Best Transaction Banking Innovation Lab
Winner
Best API Initiative of the Year
Winner
Best Corporate Card Solution
Winner
Best ERP Integration Initiative
Winner
Best Virtual Account Initiative
Winner
Outstanding Account Opening and Onboarding Initiative
Winner
Outstanding Securities Services Solution
Winner
Outstanding Achievement in AML/CTF in the Middle East
Winner
Outstanding Achievement in Cyber Security in the Middle East
Winner
Best API Initiative
Winner
Best Data Analytics Initiative
Winner
Best Gen AI Initiative
Winner
Outstanding Use of Technology by a Transaction Bank
Winner
Best Bank for Cash Management – Egypt
Winner
Best Bank for Cash Management – United Arab Emirates
Winner
Best Bank for Cash Management – Bahrain
Winner
Best Bank for Payments & Collections – United Arab Emirates
Winner
Best Bank for Payments & Collections – Bahrain
Winner
Best Bank for Supply Chain Finance – Bahrain
Winner
Best Bank for Supply Chain Finance – United Arab Emirates
Winner
Best Bank for Trade Finance – United Arab Emirates
Highly Acclaimed
Best Bank for Trade Finance – United Arab Emirates
Winner
Best Bank for Transaction Banking Services – United Arab Emirates
Winner
Best Bank for Payments & Collections – Middle East
Winner
Best Bank for Trade Finance – Southern Africa
Winner
Best Bank for Transaction Banking Services – Middle East
Winner
Best Bank for Transaction Banking Services – Southern Africa
Winner
Best Bank for Cash Management in Africa
Winner
Best Bank for Trade Finance in Africa
Winner
Best Bank for Cash Management in the Middle East
Highly Acclaimed
Best Bank for Cash Management in the Middle East
Winner
Best Bank for Payments & Collections in the Middle East
Winner
Best Bank for Transaction Banking Services in the Middle East
Winner
Best Bank for Transaction Banking Services in Africa
Winner
Best API Initiative of the Year
Highly Acclaimed
Outstanding Use of Technology by a Transaction Bank
Highly Acclaimed
Best Blockchain Initiative
Winner
Best API Initiative of the Year
Winner
Best Automation Initiative
Winner
Best Data Analytics Initiative
Winner
Outstanding Use of Technology by a Transaction Bank
Winner
Best Bank for Trade Finance in Mauritius
Winner
Best Bank for Cash Management in UAE
Winner
Best Bank for Payments & Collections in UAE
Winner
Best Bank for Transaction Banking Services in UAE
Winner
Best Bank for Trade Finance in Egypt
Winner
Best Bank for Trade Finance in South Africa
Winner
Best Virtual Account Initiative
Winner
Best Corporate Card Solution
Winner
Best ERP Integration Initiative
Winner
Outstanding Cross Border Payment Solution for Corporates
Winner
Outstanding FX Services Solution
Winner
Outstanding Account Opening and Onboarding Initiative
Winner
Best Trade Finance Platform Initiative
Winner
Best Transaction Banking Innovation Lab
Winner
Best Mobile App for Corporates
Winner
Outstanding Achievement in Operational Risk Management in the Middle East/Africa
Winner
Best Bank for Trade Finance - Ghana
Winner
Best Bank for Cash Management - Egypt
Winner
Best Bank for Trade Finance - South Africa
Winner
Best Bank for Cash Management - Qatar
Winner
Best Bank for Trade Finance - Egypt
Winner
Best Trade Finance Platform Initiative
Winner
Best Transaction Banking Innovation Lab
Winner
Outstanding Digital Transformation by a Transaction / Wholesale Bank in COVID-19
Winner
Best Treasury Management Initiative
Winner
Best Trade Finance Platform Initiative
Highly Acclaimed
Best Bank for Cash Management - Africa
Winner
Best Bank for Trade Finance - Africa
Winner
Best Bank for Cash Management - Middle East
Winner
Best Bank for Payments & Collections - Middle East
Winner
Outstanding Achievement in AML/CFT in Africa
Winner
Outstanding Achievement in Credit Risk Management in the Middle East/Africa
Winner
Outstanding Achievement in AML/CFT in the Middle East
Winner
Outstanding Achievement in Operational Risk Management in the Middle East
Winner
Best Automation Initiative
Winner
Outstanding Use of Technology by a Transaction Bank
Winner
Outstanding Use of Technology – Paperless Initiative
Winner
Best Data Analytics Initiative
Winner
Outstanding Cross Border Payment Solution for Corporates
Winner
Outstanding Supply Chain Finance Solution
Winner
Outstanding Account Opening and Onboarding Initiative
Highly Acclaimed
Outstanding FX Services Solution
Winner
Outstanding Account Opening and Onboarding Initiative
Winner
Best Transaction Bank - South Africa
Winner
Best Bank for Cash Management - Egypt
Winner
Best Bank for Payment Services - Egypt
Winner
Best Transaction Bank - Egypt
Winner
Best Bank for Cash Management - Bahrain
Winner
Best Bank for Trade Finance - Bahrain
Winner
Best Bank for Payment Services - Bahrain
Winner
Best Transaction Bank - Bahrain
Winner
Best Bank for Cash Management - Qatar
Winner
Outstanding Transformation by a Transaction Bank - Africa
Winner
Best Sustainable Financing Solution
Winner
Best Financial Supply Chain Initiative
Winner
Best Supplier Financing Initiative
Winner
Best API Initiative
Winner
Best ERP Integration Solution
Winner
Best Card Solution
Winner
Best Digital Treasury Solutions Platform
Winner
Best ESG Solution
Winner
Best Mobile Initiative
Winner
Best Digital Innovation Initiative in Transaction Banking
Winner
Outstanding Digital Transformation in Payments
Highly Acclaimed
Outstanding Digital Transformation in Trade Finance
Winner
Outstanding Digital Transformation in Payments
Winner
Outstanding Digital Transformation in Payments
Highly Acclaimed
Judges
Olivia Jeavons
Senior Manager, Financial Services Strategy and Consulting
Accenture
Asad Ahmed
Managing Director
Alvarez & Marsal Middle East
Manfredi de'Mozzi
Senior Partner, EMEA head of SME Banking and Corporate Banking sectors and SEE head of Financial Services practice.
Bain & Company
Jeff Tijssen
Partner, London
Bain & Company
Zeeshan Khwaja
Partner
Kearney
Ben Kilpatrick
Partner, Banking & Capital Markets Consulting
KPMG Australia
Nick Cowell
Strategy Leader for Banking
Monitor Deloitte
Nontobeko Lubisi
Director: Financial Inclusion
Simon-Kucher
National Treasury (RSA)
Joshua Koh
Partner
Simon-Kucher
Corry Mccruden
Winners Case Study
Do I Have to Submit a Nomination?
All awards participants are required to submit nominations through The Digital Banker’s online submission portal. The portal is where you will find the questions that need to be answered in order to be considered in the current year’s program. Institutions will be unable to participate in our awards programs without a fully complete submission(s).