June 19, 2014
Money is an integral part of our everyday life as it enables commerce. Despite of all the advancements in IT and digitization, majority of transactions globally happen in cash. Cash is not only inefficient as a financial instrument, but is also costly to store and difficult to carry safely. Firms interested in payments industry globally have reinforced the need to create solutions to improve the penetration of digital money.
According to us, a way to come up with such unique solutions is to organize Hackathons: Unique platforms for the coding fraternity to explore experiment and to come up and create meaningful solutions!
Let’s Talk Payments, in partnership with The Money Event, is organizing a series of payment Hackathons in cities around globe to bring the best coding talents on a common platform.
The schedules of Bangalore leg and Charlotte leg of the Hackathon have been announced. In this post, we will brief you about the Bangalore Hackathon.
Bangalore Payment Hackathon
(Saturday, July 5, 2014 at 12:00 PM - Sunday, July 6, 2014 at 5:00 PM IST)
The event would run through more than 24 hours, with Lunch and Dinner on the first day (5th July), as well as Midnight munchies. Next day there will be breakfast for all. At the end of 24 hours, there will be presentations and judges will decide the finalists.
The Top 3 teams (solutions) will then contest for the winner’s position in Phase 2 of the Hackathon at the same place. This phase will go on from 2 PM to 6 PM on 6th July 2014. Lunch and Refreshments will be served.
The apps can be developed on any web or mobile technology and API, but should be relevant for the payments industry and to its problems.
Payment company Zwitch is the API Sponsor for the event. The company will be providing the APIs for the participants.
Ezetap is the prize sponsor for the event. The company will also provide APIs for the participants.
Bangalore Payments Hackathon is open to all - from students to corporations. We invite the best minds in and around the industry. With real and important problems being solved as part of every event, the industry and the media take notice. Even non-payment tech startups can participate to encourage ground-up innovation in money and commerce.
Prizes to be won:
The winning Team(s) of the Bangalore Payments Hackathon will receive a Fintech Startup Kit consisting of useful tools, market reports and regulatory insights, consultation time with 5 global Fintech experts, consultation time with 3 Fintech entrepreneurs, Marketing and PR package on global payments related websites, plenty of networking and 2 passes for The Money Event in Las Vegas. Apart from this the winning team(s) would get a bag of goodies from sponsors.
For more information and to register for the Bangalore hackathon, visit this link
The organizers of the Hackathon are Veerendra Mishra, Chiraag Patel, Arun Singh, Vikram Bichal in association with The Money Event, Prestige Shantiniketan, Zwitch, Let's Talk Payments & Knowledgefaber.