Synd iNNOVATE
Synd iNNOVATE 2019 was the National Leven Hackathon conducted by Syndicate Bank in September 2019 to encourage Innovation in Banking Industry.[1][2] It attracted more than 3,500 ideas[3] from applicants from all over India out of which final 40 teams were called for Onsite Hackathon.[4][5][6]
Themes
Synd iNNOVATE 2019 had thirteen themes[7] to participate, which are as follows:
- Open Innovation
- Customer Social Profiling
- Voice Based Customer Grievance redressal System
- An App for Agents(Referral Marketing & Affiliate Marketing)
- Branch wise customer ranking for the use of Digital Banking Channels & Rewards Mechanism for the same
- A centralized system for checking Branch Ambience & Cleanliness
- Whatsapp Business integration for amazing customer experience.
- Automated Queue Management System for Branch.
- Developing automated system for Identification & Triggering alert when a High Net Worth customer visits the Branch and/or using our Digital Platform like Internet/Mobile Banking etc.
- Mobile number verification of customers through QR scan, Missed Call or any other easy procedure
- Design of UX/UI for LAPS
- Early Fraud Detection Mechanism
- Customer Acquisition
Synd iNNOVATE received more than 3500 Ideas in all the themes combined.[3] Then 400 teams were shortlisted to participate in 2nd round for submission of online prototype, out of these 400 prototypes, 40 were selected for final onsite Hackathon in Bengaluru.[8]
Hackathon Schedule & Management
Synd iNNOVATE was managed by Bhanu Srivastav[8][9] from Syndicate Bank.[10][11] who was working in Business Process Re-Engineering & Innovation Department in Syndicate Bank Corporate Office. The event was managed by Hackerearth.[12]
The Hackathon was scheduled in 3 phases:
Phase 1 Idea Submission (Online)
Phase 2 Prototype submission (Online)
Phase 3 Onsite Hackathon (Offline)
The prize money[13] for the winners was:
1st Prize - Rs 3,00,000/-
2nd Prize - Rs 2,00,000/-
3rd Prize - Rs 1,00,000/-
10 Consolation Prizes - 10,000/-
Reception
The final event was organized successfully in Bengaluru.[14][15]
References
- "Bengaluru: Syndicate Bank holds 'Synd Innovate Hackathon' to encourage innovation". Deccan Chronicle. 2019-09-30. Retrieved 2020-06-01.
- "Syndicate Bank bets big on technology innovation, organizes Synd Innovate Hackathon". www.businesstoday.in. Retrieved 2020-06-02.
- "Syndicate Bank gathers 3,500 fresh ideas to bring in ease of use in digital banking". The Hindu. Special Correspondent. 2019-10-02. ISSN 0971-751X. Retrieved 2020-06-01.CS1 maint: others (link)
- SYND iNNOVATE FULL DOCUMENTARY, retrieved 2020-06-01
- "Syndicate Bank bets big on technology innovation, organizes Synd Innovate Hackathon". https://www.outlookindia.com/. Retrieved 2020-06-02. External link in
|website=
(help) - "Dare2Compete - Competitions, Quizzes, Hackathons, Scholarships and Internships for Students and Corporates". dare2compete.com. Retrieved 2020-06-02.
- "SYND iNNOVATE on HackerEarth". HackerEarth. Retrieved 2020-06-03.
- "SYND iNNOVATE on HackerEarth". HackerEarth. Retrieved 2020-06-01.
- MarketScreener. "Syndicate Bank : Bhanu Srivastav's novel 'Hacker 404 Happiness Not Found' debuts as best-seller, Selling 21,000+ copies in 30 days | MarketScreener". www.marketscreener.com. Retrieved 2020-06-02.
- "Syndicate Bank Notification".
- You, Technology For. "Synd Innovate Hackathon concludes high on innovation | Technology For You". Retrieved 2020-06-02.
- "SYND iNNOVATE on HackerEarth". HackerEarth. Retrieved 2020-06-01.
- "SYND iNNOVATE on HackerEarth". HackerEarth. Retrieved 2020-06-01.
- "Syndicate Bank bets big on technology innovation, organizes Synd Innovate Hackathon". https://www.outlookindia.com/. Retrieved 2020-06-01. External link in
|website=
(help) - SYND Innovate 2019: Hackathon Highlights (Video 2019) - IMDb, retrieved 2020-06-02