Kathmandu. Kumari Bank Limited has bagged the Platinum Award under the Business Model Innovation category at the internationally prestigious Infosys Finacle Innovation Awards 2026.
The bank received the award for developing an innovative KYC workflow system that makes the customer identification and regulatory compliance (KYC) process more effective, secure and simplified.
Organized annually by Infosys Finnacle, the award recognizes the best practices in the field of technology, innovation and transformation by banks and financial institutions around the world. This year more than 500 applications were received in nine categories. Kumari Bank has won the Platinum Award for the best digital compliance system for the bank.
According to the bank, modern KYC workflow system has made the customer verification process faster, safer and more efficient. In addition, the bank claims that it has ensured full compliance with regulatory standards, making service delivery more reliable.
The recognition further reinforces the bank’s commitment to provide safe, reliable and customer-centric banking services,” the statement reads. The bank also pledged to provide better services to customers through digital innovation and use of cutting-edge technology in the days ahead.
