Introducing the Pitch 2 SBI Hackathon, a dynamic initiative organized by the State Bank of India. This exceptional hackathon is dedicated to exploring the realms of bank security and financial risk and is powered by Hack2skill. Our main objective for this hackathon is to foster innovative solutions that will revolutionize the banking industry, bringing about meaningful changes in the lives of customers and driving positive transformation across the financial sector mainly focusing on fraud risk management.
This is an extraordinary opportunity for you to be part of something remarkable to change the future of the banking sector!
We firmly believe that by utilizing the collective brilliance of everyone, we can create transformative solutions that will redefine the banking landscape for the better. Join us as we embark on this exciting journey to shape the future of banking together.
Finale Team Announcements
Grand Finale Presentations (Demo Day) & Winner Announcement
Winner Felicitation at GFF (Global Fintech Fest 2023)
Employ state-of-the-art fraud risk management approach designed for real time payments and transaction systems, consisting of processes and technologies to meet increasing consumer and business expectations while managing financial crime risk effectively at scale.
The speed of movement of money domestically as well as internationally has been on an ever-increasing mode with the advent of disruptive payment systems, technologies and frameworks such as IMPS, UPI, ONDC and cross-border money transfers and payment linkages among others. Unfortunately, as the speed of payments increases along with real-time settlement, financial crime risks are on the rise at an appalling pace in terms of number and types. The present challenge that large financial companies are facing is to provide real-time payment services securely with continual increase in payment transactions and payment channels while being agile in fraud prevention and responding fast to fraud detection. Financial institutions want a fraud solution to help them make timely decisions that significantly improve fraud detection rates, reduce false positives, optimize operational costs, and drive efficiency and customer satisfaction. The goal of this challenge is to have in place tools, models and frameworks which leverage data and analytics and use AI / ML technologies to prevent, detect, learn from and mitigate financial fraudulent activities and /or attacks at real time, while delivering a seamless and delightful digital banking, digital payments or any other financial activity experience.
Create an entirely digital solution for application, documentation and disbursement of a business loan seamlessly by a corporate customer other than a proprietor.
To provide STP digital journey for customers to avail Agri loans.
Major challenges in end-to-end digital lending for agricultural customer segment are:
The winner may be considered by SBI for suitable associations in some of its projects/committees/Working Groups etc.
This hackathon is open to Students, technologists, startups, freelancers, and the professional developer communities.
The entry should be functional for review by the judges.
There is no participation fee.
Yes, participants are required to submit a prototype. For eg., If you use any database like SQL Server or PostgreSQL you can also submit a database dump along with your submission.
The organizing team will approve and confirm your participation. Shortlisted teams will receive a confirmation email and it will reflect on the user dashboard.
Yes, all team members can login from their account and submit application.