KPMG Fintech Innovation Challenge 2015
The challenge launches on Tuesday 15 December 2015 and closes for entry on 7th January 2016.
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KPMG Fintech Innovation Challenge 2015
Hosted by Matchi |
| Event Description | The KPMG Fintech Innovation Challenge aims to source six groundbreaking FinTech innovations to demo to multiple invited financial institutions (banks and insurance companies) 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. |
| What's in it for you? | FinTech firms and innovators from around the world with built solutions in any of the challenge categories/ themes are invited to respond to compete for an opportunity to demo to all participating banks and insurance companies at the Fintech Innovation Summit. This is a great opportunity to showcase your fintech innovation to the right people from multiple banks at the same time. |
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Challenge Categories:
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Next Generation Payments |
Next Generation Payments - tools that enable merchants and customers to make payments in new ways
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Blockchain |
Blockchain - applications of blockchain to a variety of FI problems - distributed ledger, cross-border payments, etc.
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Data / Credit Analytics |
Data / Credit Analytics - tools to enable analysis of large data sets, often unstructured.
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Mobile VAS / Mobility |
Mobile VAS / Mobility - tools that enable access to financial services over mobile devices
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Cyber Security and Biometrics |
Cyber Security and Biometrics - IT security solutions against cyber attacks as well as biometric access solution
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Wealth Tech |
Wealth Tech - Solutions that enable the provision of wealth management / investment services in new ways (e.g. robo advice)
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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
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Time Line:
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| Challenge Event Status | This challenge is now closed. |
| Opening date | Tuesday, 15 December 2015 |
| Closing date | Thursday, 7 January 2016 |
| Scoring | Wednesday, 13 January 2016 |
| Winners announced | Thursday, 21 January 2016 |
| Demo at Fintech Innovation Summit | Thursday, 11 February 2016 |
