GLOBAL DEVELOPER CHALLENGE
What Is FinTech?
Financial Technology, nowadays better known under the term ‘fintech’, describes a business that aims at providing financial services by making use of software and modern technology.
Today, fintech companies directly compete with banks in most areas of the financial sector to sell financial services and solutions to customers.
Mostly due to regulatory reasons and their internal structures, banks still struggle to keep up with fintech startups in terms of innovation speed. FinTechs have realized early that financial services of all kinds – including money transfer, lending, investing, payments, … – need to seamlessly integrate in the lives of the tech-savvy and sophisticated customers of today to stay relevant in a world where business and private life become increasingly digitalized.
ABOUT THE HACKATHON
Organized by developers, for developers!
The Hackathon brings together FinTech developers and designers to develop financial products and discover new technologies. Example applications include innovations in risk management, trading, investing, personal finance, big data, retail banking, regulatory compliance, mobile payments and enterprise social.
APIs and platforms from technology partners will be made available during the Hackathon and are optional but recommended for use in the solutions. Attendees will spend 24 hours coding, validating their ideas, networking and then pitching their hacks to a panel of VCs, executives and entrepreneurs.
Attendees can participate individually or in teams and teams can be formed prior to the Hackathon. Attendees are responsible for coming to the event with FinTech related ideas or finding a team to work with during the Hackathon. The Hackathon organizers and technology partners will provide teams with a set of challenges to work on and offer prizes to the best team. If you have an existing product you must build a new component that applies to the challenges presented from scratch during the hackathon to qualify for the competition.
Our hackathon is highly focused on the engineering component of your solution. Your ability to architect, design, and build your technology stack has significantly more weight than your ability to create a powerpoint pitch!
The Hackathon Schedule
Day 1 (Saturday)
08:30 – 09:30 Coffee + Breakfast + Registration
09:30 – 10:15 FinTech Hackathon “1st Edition” Introduction
10:15 – 10:45 Mentors and Jury Introduction
10:45 – 11:15 Coffee Break
11.15 – 12:00 Presenting the Contest “Challenges”
12:00 – 14:00 Mandatory strategy meetings in the “war rooms”
14:00 – 15:00 Lunch
15:00 – START HACKING!
19:00 – 20:00 Dinner & Networking
21:00 – 8:00 Hacking all night!
Day 2 (Sunday)
08:30 – 09:00 Coffee & Breakfast
09:00 – 10:00 Progress Review Sessions
10:00 – 15:00 Continue Hacking!
15:00 – STOP HACKING!
15:00 – 15:45 Lunch
15:45 – 16:15 Preparation for the presentations
16:15 – 18:30 Team Pitches
18:30 – 19:30 Jury huddle to pick the top winners
19:30 – 20:00 Awards Ceremony and Closing Presentation
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