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BMO’s Online Banking for Business Design Concept Wins 2024 Red Dot Award

July 11, 2024 | Recognition

At BMO we’re always looking for ways to improve the customer experience for our clients. And that work is getting recognized; we’re the first bank in Canada and the U.S. to be honoured with Red Dot’s Design Concept category award – one of the most sought-after recognitions for exceptional design.  

BMO won in the Interaction, UI and User Experience Design Concept category for our reimagined business banking experience for small and medium sized enterprises (SMEs).  

Guided by direct feedback from SME clients, this simpler, more intuitive digital banking experience helps clients get more done in less time, so they can focus on what’s important: growing their business. The experience recently launched in Canada to a select group of clients, with a broader rollout planned for later in 2024.  

“This award is a testament to BMO’s innovative, client-centric approach to design. 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 and make their day-to-day easier.” 

 - Sean Ellery
Head, Digital & Innovation, Commercial Banking at BMO 

The Red Dot Awards honour outstanding design projects across a wide range of categories. Entries are judged based on their success in implementing the qualities of good design and setting themselves apart through design.  

This award represents another step in BMO’s Digital First journey, and builds on the bank’s strong track record of industry recognitions

“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. 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 client experience.”  

– Derek Vernon
Head, North American Treasury and Payment Solutions at BMO 

Find out more about the Red Dot awards.

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