Eurobank to host fintech hackathon to foster open innovation in financial services

Eurobank, in cooperation with Found.ation & The Cube, is organising the 2nd regional FinTech Competition “Beyond Hackathon” which is going to take place, on 17 – 19 of March 2017, at Eurobank premises at Nea Ionia (building H).

Designed and implemented by the Innovation Centre of Eurobank for the second consecutive year, the initiative aims to encourage, cultivate and promote open innovation in the financial services industry. 

On March 17th 2017, representatives from various business units will present their work and set actual issues and challenges. They aim to communicate the current technological challenges to the participants so that they choose the respective area of interest and under their supervision will develop possible solutions during the competition.

The event will feature a networking session, after the presentations, so that the participants will have the opportunity to get to know the mentors better and address questions. According to the official announcement, the challenges that the business units are going to set are indicative and not binding for those that take part.

The participants will also be able to attend the Keynote speech of Mrs Efi Pylarinou, awarded in the “Women in Fintech 2016 Power List”, and to get mentoring from specialists in technology, entrepreneurship, design, Marketing matters etc. During Saturday, March 18th and Sunday March 19th 2017, the teams will develop their ideas, which will be presented on Sunday afternoon to the Judging Committee in order to claim one of the three money prizes of the competition (5,000, 3,000 and 2,000 euros respectively). 

The competition is going to be open to every noteworthy idea that is going to be presented at the 1st day from the teams that will participate. Startups established after 2012 will have the right to take part in the competition, the release said. An important condition for all for the participants is that the product or service presented on Sunday should be a new one which will be developed during Beyond Hackathon. The API (Application Programming Interface) that will be given to the participants, shall provide even more possibilities to users than last year, while during the whole competition, officials of the Bank’s IT will be present to help the participants with whatever they might need.