Federal Bank, one of India's leading private sector bank, announces the Federal FinTech Hackathon first-of-its-kind finTech hackathon as part of its 69th Founder's Day celebration.The 1st Edition of this Annual event will be a Mobile Challenge keeping in line with Government of India's Digital India vision.
The Hackathon is Timelined as:
This Hackathon will be an idea submission phase which will act as a qualifier to get you to the second level.
We hereby invite developers and designers with a robust knowledge in the fintech space develop innovative apps using existing/new technologies in the field. Applications in the areas of NPA Management, Asset recovery, Risk management and Gold loans are preferred. The winners will be provided an opportunity to stimulate the development of new applications in the industry.
India is not only considered to be mobile-first nation, but some even go to the extent of saying that we might soon become a mobile-only nation. India's total internet user base is expected to be at 354M out of which 213M is on mobile. With more than 60% of the nation consuming internet on mobile, there is an amazing opportunity to not only create a seamless mobile-first experience for them, but even define the way they perceive the Internet.
Mobile-first is not only a hyphenated term but an actual phenomenon. Because of a small screen size, quick and easy access to the consumer and the ability to notify them on the go, gives you ways to solve problems that were previously difficult to solve or come up with innovative solutions for existing problems.
This hackathon aims to gather technology enthusiasts and give them a platform to build apps that can make banking and finance easier and more accessible, apps that make our eco-system safer and more secure or apps that create a better experience for us in the field of e-commerce.
Win 2 Ipad
Shortlisted ideas will be provided a 20-day for developing the concept to an application on the Bluemix platform with IBM MobileFirst Services. Winning team gets iPad Air Devices.
