Yes Bank, India’s fifth largest private sector Bank, has won the prestigious ‘Golden Peacock Innovative Product / Service Award 2017’ for its innovative mobile technology product, SIMsePAY at the Dubai Global Convention 2017 for the 27th World Congress on Leadership for Business Excellence & Innovation and Presentation of Golden Peacock Awards. SIMsePAY is a unique innovation that allows any account holder to do money transfers, pay utility bills and other mobile payment services, without the need for smart phones or internet. The offering is based on a ‘sim-sleeve’ technology, in association with Taisys Technologies.
The Golden Peacock Awards, instituted by the Institute of Directors, India in 1991, are regarded as a benchmark of Corporate Excellence worldwide. The Golden Peacock Awards Secretariat receives over 1,000 entries per year for various National and Global awards, from India and over 25 countries worldwide.