City Union Bank Triumphs Again at IBA Technology Conference

City Union Bank (CUB) has once again proven its technological prowess by winning seven awards at the '20th Annual Technology Conference, Expo, & Citations 2024' held in Mumbai on January 24, 2025. This marks the second consecutive year that CUB has achieved this remarkable feat, showcasing its commitment to innovation and excellence in the banking sector.

Under the leadership of Vijay Anandh, Executive Director, CUB has been at the forefront of adopting cutting-edge technology to enhance customer experience. "We are thrilled to receive awards in all the seven categories from IBA year after year," said Anandh. He highlighted the bank's continuous efforts in launching new IT-enabled products, including eight new digital products introduced during the Global Fintech Fest 2024.

Award Categories and Achievements

CUB's accolades include Best Digital Sales, Payments & Engagement, Best IT Risk Management, Best Fintech & Digital Payment Index (DPI) Adoption, Best Financial Inclusion, and Runner-up positions in Best AI & ML Adoption. Additionally, the bank received a Special Award for Best Technology Talent & Organisation and was named Best Technology Bank.

About City Union Bank

Founded in 1904 and headquartered in Kumbakonam, Tamil Nadu, City Union Bank is the oldest private sector bank in India. Celebrating 120 years of service, CUB operates 827 branches and 1697 ATMs nationwide. The bank is renowned for its advanced technology solutions, including tap, pay & go payments, voice-based authentication, multilingual voice chatbots, and digital loan processing, among others.