Synd iNNOVATE
Synd iNNOVATE 2019 was the National Level 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] [7]
Themes[edit]
Synd iNNOVATE 2019 had thirteen themes[8] 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.[9]
Hackathon Schedule & Management[edit]
Synd iNNOVATE was managed by Bhanu Srivastav[9][10][11] from Syndicate Bank.[12][13] who was working in Business Process Re-Engineering & Innovation Department in Syndicate Bank Corporate Office. The event was managed by Hackerearth.[14]
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[14] 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[edit]
The final event was organized successfully in Bengaluru.[15][16]
References[edit]
- ^ "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. 28 September 2019. Retrieved 2020-06-02.
- ^ a b "Syndicate Bank gathers 3,500 fresh ideas to bring in ease of use in digital banking". The Hindu. 2019-10-02. ISSN 0971-751X. Retrieved 2020-06-01.
- ^ SYND iNNOVATE FULL DOCUMENTARY, retrieved 2020-06-01
- ^ "Syndicate Bank bets big on technology innovation, organizes Synd Innovate Hackathon". www.outlookindia.com/. Retrieved 2020-06-02.
- ^ "SYND iNNOVATE Syndicate Bank". unstop.com. 10 September 2020. Retrieved 2020-06-02.
- ^ "Dare2Compete rebrands to Unstop". Unstop.com (formerly Dare2Compete). Archived from the original on June 25, 2022. Retrieved 2021-05-12.
- ^ "SYND iNNOVATE on HackerEarth". HackerEarth. Retrieved 2020-06-03.
- ^ a b "SYND iNNOVATE on HackerEarth". HackerEarth. Retrieved 2020-06-01.
- ^ MarketScreener (19 March 2020). "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.
- ^ "Bhanu Srivastav | Indian Writer, Author and Columnist". Bhanu Srivastav. Retrieved 2020-08-25.
- ^ "Syndicate Bank Notification".
- ^ You, Technology For (October 2019). "Synd Innovate Hackathon concludes high on innovation | Technology For You". Retrieved 2020-06-02.
- ^ a b "SYND iNNOVATE on HackerEarth". HackerEarth. Retrieved 2020-06-01.
- ^ "Syndicate Bank bets big on technology innovation, organizes Synd Innovate Hackathon". www.outlookindia.com/. Retrieved 2020-06-01.
- ^ SYND Innovate 2019: Hackathon Highlights (Video 2019) - IMDb, retrieved 2020-06-02