Societe Generale and WHub jointly host FinHACK 2018, a hackathon to develop innovative ideas and connect creative minds of Fintech experts
Societe Generale and WHub Ltd are jointly hosting FinHACK 2018 on 6-8 July 2018, a FinTech hackathon to promote innovation and accelerate the digital transformation of the banking and financial industry in Hong Kong.
FinHACK 2018 is open to all university students, entrepreneurs, coders and developers. With the support of industry experts and representatives from Societe Generale, participants will have 36 hours to design and develop innovative solutions to address business challenges spanning RegTech, WealthTech and Digital Banking with the application of Artificial Intelligence, Blockchain and Cybersecurity technologies. Winners will receive a cash prize and a potential working opportunity at Societe Generale, with the possibility to further develop and implement their ideas.
Charles Gillet, Chief Information Officer for Asia Pacific at Societe Generale commented, “Fostering the next generation of FinTech talents directly correlates with Societe Generale’s strategy to drive innovation and digital transformation across its own organisation. Last year’s hackathon generated a plethora of creativity from the participants. The ambition of FinHACK 2018 is to provide the community with a platform to drive the FinTech revolution in Hong Kong forward.”
“As a startup community, we would like to promote innovation among the younger generation, who are the future of Hong Kong, by allowing them to contribute to the development of the city. We are happy to collaborate with Societe Generale to accelerate innovation and facilitate the development of the FinTech community in Hong Kong,” said Karen Farzam, co-founder of WHub.
In line with its commitment to anticipate the fast-changing customer demand, Societe Generale is developing its innovation strategy by experimenting with disruptive technologies and stepping up its interaction with the digital ecosystem in a spirit of open cooperation. The Group is notably dedicating €150 million euros over three years in an open innovation fund to finance internal and external startups strategically aligned to its digital transformation.