Fintech firm FSS launches ‘FSS Payments Productathon’ contest

Indian fintech company Financial Software and Systems (FSS) announced the launch of ‘FSS Payments Productathon’ which is a payments-centric contest for both technical and non-technical minds.

According to the release, the fintech leader is hosting the contest in association with NASSCOM and TiE, Chennai. The contest is aimed to foster innovative and disruptive ideas from developers, professionals from banking and finance industry, entrepreneurs and students in order to simplify payments and go cashless.

“As the leading payments technology provider to banks and financial institutions across the globe, we are constantly working towards solving existing payments challenges faced by our clients. We have launched this unique contest with payments as the focus and have thrown it open for both tech and non-tech teams so that we get innovative and disruptive ideas from fresh young thinkers and domain experts. We encourage anyone and everyone who has a smart idea/solution to participate and to create next generation payments,” Suresh Rajagopalan, President of Software Products at FSS, said.

The competition will take place online and run for a period of twelve weeks. During the contest, winning ideas would be chosen and the teams will be mentored by a panel of payments technology experts to further better their ideas and solutions. After the completion of twelve weeks, top ten finalists will be selected and invited to present their ideas to an expert jury at a grand finale event that will be held in Chennai, India.

The winning teams of grand finale will be awarded cash prizes of up to INR 500,000 along with the opportunity to further develop and build their ideas and solutions with FSS.