China Banking Corporation receives Infosys Finacle Innovation Award for product innovation
China Banking Corporation (China Bank) was honored as one of the most innovative banks globally at the Infosys Finacle Innovation Awards 2023 held in Mumbai, India.
The bank’s cutting-edge cash management solutions, Automatic Debit Arrangement (ADA) and Direct Debit Arrangement (DDA), secured the esteemed Gold Award in the Product Innovation category.
Through its digital banking platform, China Bank Online, ADA and DDA offer secure and convenient collection options for customers, enabling recurring payments and outsourced biller payment collections.
China Bank’s commitment to leveraging technology to enhance customer experiences and deliver innovative solutions for corporate partners solidifies its position as a leader in the banking industry.
The bank’s exceptional cash management solutions have previously been recognized by Pay360 and the Asian Banking & Finance in 2022, further establishing China Bank’s reputation for innovation and excellence.