Global Finance named the Round I winners of its second annual AI In Finance Awards on July 14, 2026, recognizing the most effective AI deployments in consumer banking across nearly 200 countries. The awards, presented in partnership with CGI, spotlight how retail banks are using artificial intelligence to improve fraud detection, credit scoring, and customer service.
"Artificial intelligence is rapidly reshaping the financial industry, with significant innovation still to come," said Joseph Giarraputo, founder and editorial director of Global Finance. "Global Finance's AI in Finance Awards recognize organizations driving this transformation while encouraging the responsible evolution of AI across the sector."
Giarraputo said the publication's 39-year history of editorial integrity and its 27 years of experience running the World's Best Digital Bank Awards make it "uniquely qualified" to run the only major awards program focused on AI in finance.
Winners were selected from entries submitted by banks and evaluated by a panel of judges at CGI, a global IT and business consulting firm known for its responsible AI implementation work. Global Finance editors made the final selection. Banks had to enter the competition to be considered, and awards were given only in regions, countries, and categories that received entries.
The full list of AI In Consumer Banking honorees by country, territory, district, and sub-category appears in the July/August 2026 print and digital editions of Global Finance, as well as online at GFMag.com. A separate release covers the AI In Corporate Banking winners.
Round I winners are now eligible for Round II, where overall regional and global winners will be chosen. Those honorees will be revealed at the AI In Finance Awards Ceremony on October 13 at the Raffles Hotel in Singapore, alongside the World's Best Digital Banks and Innovators awards. A report on the Round II winners will appear in the December edition.
Upskilling for the AI era
As AI becomes embedded in consumer banking, finance professionals need to understand how these tools affect risk management, compliance, and customer strategy. Many turn to focused training, such as an AI Learning Path for CFOs that covers practical applications in financial planning and analysis. Broader AI for Finance resources also help professionals stay current with the technology reshaping their industry.
Why this matters for finance professionals
The awards highlight specific use cases that are moving from pilot to production inside major banks. For finance professionals, the list of honorees serves as a practical benchmark of what competitors and peers are doing with AI. Understanding which applications are gaining traction-from automated underwriting to real-time fraud alerts-can inform investment decisions, talent strategies, and internal technology roadmaps.
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