CBCG FinTech Hackathon

Publication date
September 20, 2022
October 1, 2022
Short description

Together with the Central Bank of Montenegro and the Association of Banks of Montenegro, ICT Cortex is organizing a regional CBCG FinTech Hackathon, for the second time.

The theme of this year's regional competition is ‘Know your customer - easy and secure’. The banks and other institutions use the Know Your Customer (KYC) approach to ensure that their customers are the ones who they say they are. KYC stands as the foundation of identity services such as identification, authentication, and confirmation. This procedure enables financial organizations, internet (online) companies, as well as companies in the field of financial technologies (fintech) and government bodies to connect with their customers or partners through digital technologies.

With the support of mentors, within 48 hours, it is necessary to come up with an idea that will contribute to the development of new opportunities in the domain of banking and payment services, enable savings and greater inclusion for end users.

Five selected teams with three to five members will compete for one of the prizes from the fund of 15,000 euros and many other benefits.

Applications are open until 1 October, while the final event will take place from 7 until 9 October.

The intention of the Central Bank of Montenegro is to gather teams of programmers, marketers, designers, start-up enthusiasts, and other creative persons, who will be challenged to design software solutions with great potential in the financial and banking markets, thanks to which the citizens, as end users, will have easier access to financial and other institutions.

The teams will also have an opportunity to present their solutions to the audience, which will consist of Montenegrin and foreign professionals from the financial industry and technology community, as well as regulators and state officials.

As was the case with the first CBCG FinTech Hackathon, it is expected that this year's Hackaton will be a useful experience for the participants, offering exceptional opportunities for progress and networking.

Participants can upload their ideas on this online platform. 

  • Other
Geographical focus
  • Montenegro
Scientifc field / Thematic focus
  • Engineering and Technology

Entry created by Admin WBC-RTI.info on September 28, 2022
Modified on September 28, 2022