Axis bank partners Nasscom

Axis Bank has announced a partnership with NASSCOM. Axis bank will launch a virtual hackathon challenge on 30th and 31st May. Changing digital space and technology penetration across customer segments have transformed the digital banking landscape globally. The bank plans to build a strong digital banking capability by continually innovating to become an integral part of a customer’s life.

The bank is looking to engage with innovative companies to build customer focussed solutions which will reinvent consumers’ interaction with the bank’s mobile app. The bank is in search of developers and designers who can gamify the financial technology solutions, using the power of Axis Bank's digital platforms/APIs on the mobile channel. The bank would allow individuals as well as teams to participate.

Amit Sethi, CIO, Axis Bank, said “Mobile technology has transformed not only customers’ daily behaviour but their expectations of us as their financial partner. We are inviting creative minds to collaborate with us in this journey of building next generation customer centric mobile solutions. We want to be a part of customers every day digital lives.”

Rajesh Rao, chair, NASSCOM Gaming Forum, said “The hackathon in collaboration with Axis Bank is a progressive step towards leveraging technology to revolutionize the digital banking landscape. NASSCOM is pleased to be a part of this initiative and are optimistic that this will be helpful in enhancing and creating a robust digital banking ecosystem in India.”

Axis Bank will reward the top 3 winners with an overall prize money of Rs. 15 Lakhs. Further, Axis Bank may get into service contracts with one or more of them. Intellectual Property would be retained by Axis Bank.