YES BANK recognized as World’s Best Bank for Information Security Initiatives

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NewZNew (Chandigarh) : YES BANK has been adjudged the Global Winner for Best Information Security Initiatives at the Global Finance World’s Best Digital Banks Awards 2015 ceremony held in London organized by the Global Finance Magazine (headquartered in New York).

YES BANK was adjudged winner from among over 260 Banks in more than 80 countries across the world which participated in the World’s Best Digital Banks. This is the 16th year that Global Finance has named the World’s Best Digital Banks.

YES BANK had earlier won the award for Best Information Security Initiatives in the Asia Pacific region, and was also adjudged India’s Best Corporate/Institutional Digital Bank.

Speaking about the awards, Mr. Rana Kapoor, Managing Director & CEO, YES BANK said “
YES BANKers are pleased to receive these prestigious recognitions from Global Finance magazine. The Award as the World’s Best Bank for Information Security Initiatives reinforces YES BANK’s leadership position in enabling state-of-the-art security systems while offering cutting edge banking and financial solutions customized to our clients requirements. We have taken a leadership position in the Digital Banking and Payments domain and remain steadfastly committed to our vision of Building the Finest Quality Large Bank of the World in India by 2020.”

YES BANK’s recognition as the Global Winner for Best Information Security Initiatives comes on the back of pioneering initiatives undertaken by YES BANK for its Corporate Customers with a focus on speed, convenience and security. YES BANK has been at the forefront of Information security implementation in India’s Banking industry and has multiple firsts to its credit having introduced new authentication systems including Public Key Infrastructure(PKI) , 2-Factor Authentication and Biometric Authentication.

YES BANK has also deployed a “State of the Art” in house business Analytics tool.  This tool redefines the way information is accessed with motto of “Enabling Real Time Information Anytime and Anywhere”.  This tool facilitates customization of reports based on customer need and makes them available to him via Net Banking platform into White Space.

YES BANK was declared winner based on the criteria of strength of strategy for attracting and servicing digital customers, success in getting clients to use digital offerings, growth of digital customers, breadth of product offerings, and evidence of tangible benefits gained from digital initiatives, and web/mobile site design and functionality.