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KPMG launches FinTech Innovation Challenge with Matchi

Win your chance to demo to multiple financial institutions in London on 11 February 2016

KPMG launches Global FinTech Innovation Challenge with Matchi

Run by Matchi, the KPMG Fintech Innovation Challenge opens on 15 December 2015 and closes on 7 January 2016 (midnight GMT). The challenge aims to source six groundbreaking FinTech innovations to match with multiple financial institutions at the FinTech Innovation Summit, hosted by KPMG in London from 10-11 February 2016. This is the second annual summit arranged by Matchi to promote collaboration and innovation between both FinTech firms and financial institutions.

Confirmed summit participants include Caixa Bank (Spain), Bank Hapoalim (Israel), Rabobank (Holland), Nationwide (UK), Westpac (Australia) and Liberty Group (South Africa). Key focus areas across the invited financial institutions were collated into six FinTech themes which form the entry categories for the challenge.

FinTech firms and innovators from around the world with built solutions in any of the categories/ themes below are invited to enter the challenge, to compete for an opportunity to demo to all participating banks and insurance companies at the summit. This is a great opportunity to showcase your FinTech innovation to the right people from multiple banks at the same time.

Enter the challenge if you have developed and built a solution in any one of the below FinTech themes:
 Next Generation Payments
  • Tools that enable merchants and customers to make payments in new ways
 Blockchain
  • Applications of blockchain to a variety of FI problems - distributed ledger, cross-border payments, etc.
 Mobile VAS/ Mobility
  • Tools that enable access to financial services over mobile devices
 Data Analytics/ Credit Analytics
  • Tools to enable analysis of large data sets, often unstructured
 Wealth Tech
  • Solutions that enable the provision of wealth management / investment services in new ways (e.g. robo advice)
 Cyber Security and Biometrics
  • IT security solutions against cyber-attacks as well as biometric access solutions

All entries will be validated and individually scored against set criteria, including: Novelty/ Innovativeness, Ease of Implementation, Potential Impact (revenue, cost or efficiency) and Overall Impression. The highest ranking innovations in each of the six themes will be judged by a panel including Matchi and KPMG teams, and from these one winner will be chosen in each category/ theme. The winning entries will be invited to London to demo their solution to FinTech Innovation Summit banks and insurance companies on 11 February 2016. Winners will be announced on 21 January 2016.


 
 



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What our clients say.

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Gene Vayngrib, CEO & Co-founder Tradle, blockchain for compliance
Tradle is thrilled to win the KPMG Fintech Challenge in blockchain category, organized by Matchi. As a result we not only had great PR exposure, but got the opportunity to present to a set of banks and to KPMG's financial services leadership. This advanced our relationship with KPMG and we hope for mutual work with them in the future. We are also going to be eyeing new Fintech challenges organized by Matchi.
- Gene Vayngrib, Tradle

 

Andrew Bud, iProov
Sony’s selection of iProov as the winner of the FinTech Innovation Challenge with Matchi is an extraordinary and significant accolade. We very much look forward to working with Sony, delivering the benefits of our unique authentication technology to enhance user experiences, consumer trust and cyber security.
- Andrew Bud, iProov

 

Adam Turk, Vanare Platform
Thank you Matchi for identifying the Vanare Robo-advisor offering and connecting us to an exciting new business prospect with Liberty. It has been a pleasure dealing with your professional and enthusiastic team and we are looking forward to start working on the POC.
- Adam Turk, Vanare Platform

 

Angela Schmuck, IDMission
We have really enjoyed the Matchi Challenge experiences you have let us be a part of. I think this is an awesome concept that hopefully more and more companies will take advantage of. Being a part of the Matchi platform has given IDmission the opportunity to present to and pilot with global organizations that we normally would not have had access to on our own.
- Angela Schmuck, IDMission

 

Jayshree Naidoo, Innovation Thought Leader - Standard Bank
It was incredible to see the reach of the challenge with responses from Africa. Europe, USA, UK, Asia and Australia. Every innovation presented to us was worthy of a collaboration opportunity and we have already begun the journey of exploring long-term development partnership with some of the finalist.
- Jayshree Naidoo, Innovation Thought Leader  Standard Bank

 

Evans Munyuki, Head of Digital, Retail and Business Bank - Barclays Africa
Our Business Banking Challenge with Matchi was a great success, receiving responses from over 20 countries around the world and culminating with Proof of Concept projects with three of the six shortlisted finalists.
- Evans Munyuki, Head of Digital, Retail and Business Bank Barclays Africa

 

Claire Rogers, Head of Digital Strategy and Innovation
The Fintech Innovation Showcase was a great opportunity to see and explore 'disruption' up close.
- Claire Rogers, Head of Digital Strategy and Innovation, ANZ

 

Lior Haviv, Director
Matchi is the door to business opportunities with the right banks around the world. Through winning the Matchi Fintech Innovation Challenge we are currently in discussion with several banks that have showed an interest in our technology.
- Lior Haviv, Director, Onenet

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