BMO Named Best Consumer Digital Bank in North America, Best Mobile Banking App in Canada and Most Innovative Digital Bank in Canada by Global Finance Magazine
Canada NewsWire
TORONTO, Nov. 12, 2026
- The awards reflect BMO's focus on delivering more personalized, convenient and relevant experiences that help clients make real financial progress.
- BMO is advancing its digital and AI strategy by combining human expertise, personalized digital experiences and emerging technologies to make banking simpler and more valuable for clients.
- Recognition highlights BMO's leadership in responsible AI and digital innovation, including investments in AI-enabled capabilities that help clients make real financial progress.
TORONTO, Nov. 12, 2026 /CNW/ -- BMO today announced it has received four honours at Global Finance Magazine's 2026 Best Digital Bank Awards, recognizing the bank's leadership in digital banking experiences and innovation. The awards reflect BMO's focus on leveraging digital innovation and AI to deliver more connected experiences and support clients throughout their financial journeys.
"This recognition reflects our focus on digital experiences that are intuitive, personalized and help our customers make real financial progress," said Peter Poon, Head, Digital Service, Technology & AI Transformation, BMO. "Our teams consistently drive value through innovation by combining the best of human expertise, digital capabilities and AI."
Global Finance Magazine's annual digital banking assessments benchmark financial institutions on the strength of their digital strategy, innovation, client experience and breadth of digital capabilities. BMO received two awards for its Mobile Banking App and two for its work through InnoV8 to test and advance emerging technologies.
Together, these capabilities make banking easier, more relevant and more valuable for clients.
Global Finance Magazine recognized the following BMO initiatives and capabilities:
- BMO Mobile Banking App: Designed to make everyday banking simple, personalized and secure, the BMO Mobile Banking App gives clients convenient access to their accounts and digital tools to help them manage spending, make payments and monitor their financial progress.
- Best Consumer Digital Bank in North America
- Best Mobile Banking App in Canada
- BMO InnoV8: Launched in 2017, BMO InnoV8 brings BMO together with leading technology companies to test and scale emerging technologies. It has helped accelerate new digital and AI capabilities, including TaxHub, Lumi Assistant, CashTrack and QuickPay.
- Most Innovative Digital Bank in North America
- Most Innovative Digital Bank in Canada
These awards build on BMO's recent first-place ranking in EMARKETER's 2026 Canada Mobile Banking Emerging Features Benchmark.
To learn more about Global Finance Magazine, please visit: https://gfmag.com/
To learn more about BMO's AI and digital-first strategy, please visit: https://ai.bmo.com/
For more information on BMO's tools and resources available to help clients set, track, and manage their personal finances, please visit: https://www.bmo.com/en-ca/main/personal/
About BMO Financial Group
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of July 31, 2026. Serving clients for more than 200 years, BMO provides a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services across Canada, the United States, and select markets globally. BMO is innovating for business value, by deploying and integrating human, digital and artificial intelligence to personalize client experiences, augment teams, and automate its business responsibly. Driven by its 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 stronger communities.
SOURCE BMO Financial Group

