- BMO is the first bank in Canada and the U.S. to win Red Dot's Design
Concept category award
TORONTO, July 11,
2024 /CNW/ - BMO today announced it has been
awarded the Red Dot Award: Design Concept 2024 in the Interaction,
UI and User Experience category for redesigning the digital banking
experience for small and medium enterprise (SME) clients.
BMO, guided by direct feedback from SME clients, has re-imagined
the business banking experience, creating a simpler, more intuitive
digital user interface that helps clients get more done in less
time and focus on what's important – growing their business. The
new experience recently launched for a select group of clients in
Canada before a broader rollout
later in 2024.
The Red Dot Awards honour outstanding design projects across a
wide range of categories. Entries are judged based on their
successful use of the qualities of good design and those that set
themselves apart through their design. BMO is the first bank in
Canada and the U.S. to be awarded
with a Red Dot Award: Design Concept in the Interaction, UI and
User Experience category.
"This award is a testament to BMO's innovative, customer-centric
approach to design," said Sean
Ellery, Head, Digital & Innovation, BMO Commercial Bank.
"By inviting direct client participation and feedback to guide our
development process, we're able to consistently deliver products
and services that solve their real-world challenges, make their
day-to-day easier, and help drive progress for their business."
"We are honoured to be the first bank in Canada and the U.S. to receive this
prestigious design award in this category. As part of our Digital
First strategy, we continue to be committed to delivering
cutting-edge digital experiences that help small and medium sized
businesses manage their finances with confidence," said
Derek Vernon, Head, North American
Treasury and Payment Solutions at BMO. "In an increasingly
sophisticated digital world, purposeful user experience design is
more important than ever. Innovation lies in how we can harness the
power of technology to simplify and optimize the customer
experience."
This award represents another step in BMO's Digital First
journey and builds on the bank's strong track record of industry
recognitions. In March, BMO was ranked among Fast Company's
list of the World's Most Innovative Companies of 2024 – the only
Canadian and U.S. bank recognized out of more than 600 winning
organizations.
For more information about the Red Dot awards
visit: www.Red-Dot.org.
Additional information on BMO's award-winning Design Concept can
be found here.
About BMO Financial Group
BMO Financial Group is the eighth largest bank in North
America by assets, with total assets of $1.4
trillion as of April 30, 2024. Serving customers for 200
years and counting, BMO is a diverse team of highly engaged
employees providing a broad range of personal and commercial
banking, wealth management, global markets and investment banking
products and services to 13 million customers
across Canada, the United
States, and in select markets globally. Driven by a single
purpose, to Boldly Grow the Good in business and life,
BMO is committed to driving positive change in the world, and
making progress for a thriving economy, sustainable future, and
inclusive society.
SOURCE BMO Financial Group