{"id":19431,"date":"2021-01-31T17:04:00","date_gmt":"2021-01-31T14:04:00","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=19431"},"modified":"2026-03-27T20:21:40","modified_gmt":"2026-03-27T17:21:40","slug":"finastra-names-hack-to-the-future-winners-hacktothefuture-hackingforgood","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/finastra-names-hack-to-the-future-winners-hacktothefuture-hackingforgood\/","title":{"rendered":"Finastra names Hack to the Future winners #HackToTheFuture #HackingForGood"},"content":{"rendered":"\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/saudishopper.com.sa\/ar\/?p=36050\" target=\"_blank\" rel=\"noreferrer noopener\">\u0639\u0631\u0628\u064a<\/a><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Hundreds of ideas, POCs and apps submitted around themes of tackling systemic inequality, overcoming COVID-19 challenges and embracing technology-enabled change<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Dubai, UAE \u2013 January 31, 2021 \u2013\u00a0<\/strong><a href=\"http:\/\/www.finastra.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Finastra<\/a>\u00a0has named the winners of its annual hackathon:\u00a0<a href=\"https:\/\/fintech.devpost.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Hack to the Future<\/a>. The virtual event saw hundreds of ideas, proof of concepts (POCs), and apps submitted worldwide, around the themes of reducing\u00a0systemic inequality, hacking through COVID-19, and embracing technology-enabled change. \u00a0\u200b<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Shortlisted teams presented their ideas to a panel of expert judges from banks, fintech, universities, and industry experts. Judging was based on a submission\u2019s ability to solve a real and pressing need, its feasibility and use of technology, and its commercial potential. Winning ideas and POCs benefiting from a range of prizes offered by Finastra and hackathon supporters, such as cash, incubation opportunities, and coaching, include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Hacking systemic inequalities:&nbsp;<\/strong><em>Nest Egg<\/em>&nbsp;\u2013 a gamified banking app for kids that incorporates financial literacy and brings unbanked or underbanked children into financial services<\/li><li><strong>Technology-enabled change:&nbsp;<\/strong><em>AI-Powered Mortgage Advisor<\/em>&nbsp;\u2013 using machine learning to predict mortgage loan approval, for a faster turn-around for applicants<\/li><li><strong>Hacking through COVID:&nbsp;<\/strong><em>FinFlo<\/em>&nbsp;\u2013 Filipinos can acquire fast loans digitally, enabling locals impacted by the pandemic and in need to apply without leaving home or visiting a bank<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Furthermore, prizes including incubation and internship opportunities were also awarded for the following categories:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Best youth idea:<\/strong>&nbsp;<em>FinED<\/em>&nbsp;\u2013 uses principles of gamification and state-of-the-art technology to impart financial literacy<\/li><li><strong>Best student submission:&nbsp;<\/strong><em>Handpay<\/em>&nbsp;\u2013 a payments platform designed to address banking exclusion for people with disabilities<\/li><li><strong>Best SME\/corporate banking submission:<\/strong>&nbsp;<em>Romulus<\/em>&nbsp;<em>for Trade Finance&nbsp;<\/em>\u2013 automates reconciliation of trade finance documents vs Swift communication<\/li><li><strong>Best in MEA region\u200b:&nbsp;<\/strong><em>Banking4U<\/em>&nbsp;\u2013 a platform that harnesses a customer\u2019s mobile money transaction data to determine loan eligibility<\/li><li><strong>Best environmental impact:&nbsp;<\/strong><em>ESG AI<\/em>&nbsp;\u2013 smarter sustainable investing through data and Deep Learning<\/li><li><strong>Best user experience\u200b:&nbsp;<\/strong><em>ESG AI&nbsp;<\/em>\u2013 smarter sustainable investing through data and Deep Learning<\/li><li><strong>Best social impact:<\/strong>&nbsp;<em>Fusion CreditSense<\/em>&nbsp;\u2013 leveraging APIs and machine learning to create creditworthiness and micro-loan prediction models, based on a user&#8217;s transaction history<\/li><li><strong>Best submission from a fintech:&nbsp;<\/strong><em>The Responsible Investors<\/em>&nbsp;\u2013 scoring Finastra ESG Funds using fintech, AI and Natural Language Processing through FusionFabric.cloud<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Chirine Ben Zaied, Head of Innovation at Finastra said, \u201cIt has been incredible to see over 4,500 global registrations from schools, universities, startups and fintechs \u2013 all with the common goal of hacking for good. This has been our most impactful hackathon to date, generating some truly inspiring apps and ideas that have the potential to redefine financial services and drive change. Our thanks to the huge number of collaborators, sponsors, and partners who supported the hackathon through judging, prizes and mentorship; it is testament to the importance of bringing the industry together to build innovative solutions with purpose and impact.\u201d&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Finastra made its open developer platform \u2013&nbsp;<a href=\"http:\/\/www.fusionfabric.cloud\/\">FusionFabric.cloud<\/a>,&nbsp;underpinned by Microsoft Azure&nbsp;\u2013 along with over 130 APIs and several open datasets available for the hackathon.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Find out more and watch the finals on-demand\u00a0<a href=\"https:\/\/www.finastra.com\/viewpoints\/blog\/finastra-names-hack-future-winners\">here<\/a>,\u00a0or join the conversation on social media using #HackToTheFuture and #HackingForGood<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hundreds of ideas, POCs and apps submitted around themes of tackling systemic inequality, overcoming COVID-19 challenges and embracing technology-enabled change Dubai, UAE \u2013 January 31, 2021 \u2013\u00a0Finastra\u00a0has named the winners of its annual hackathon:\u00a0Hack to the Future. The virtual event saw hundreds of ideas, proof of concepts (POCs), and apps submitted worldwide, around the themes [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":19432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"1","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":439,"_extra_hide_author_box":"","_extra_featured_post":"0","_partner_post_id":0,"footnotes":""},"categories":[439],"tags":[],"class_list":["post-19431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is 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