APIX and RBI partner for HaRBInger 2024 hackathon

APIX, a leading global collaborative innovation platform connecting financial institutions and fintechs worldwide, has joined hands with the Reserve Bank of India (RBI) to organize the prestigious HaRBInger 2024 hackathon. This partnership aims to bring together talented individuals from across the globe to create innovative solutions that enhance the security and inclusivity of the financial ecosystem.

The focus of HaRBInger 2024 is on combating fraud and promoting financial inclusion for the differently-abled. Participants will tackle crucial issues such as real-time fraud detection, transaction anonymity, mule account identification, and assisting the visually impaired in financial transactions.

Umang Moondra, the CEO of APIX, expressed enthusiasm about collaborating with RBI for HaRBInger 2024, recognizing RBI's role in driving financial services innovation. The hackathon, utilizing cutting-edge technologies like AI/ML, APIs, and Data Analytics, offers participants the chance to develop impactful solutions that drive positive change in the industry.

HaRBInger 2024 invites individuals, teams, and enterprises from diverse backgrounds to participate. Winners in each problem statement category stand a chance to win substantial prizes, with a special award of INR 20,00,000 (~USD 24,000) reserved for the best all-woman team. Registration for the hackathon commenced on June 7, 2024, and will progress through four phases on the APIX Platform.

Participants in HaRBInger 2024 will have the opportunity to collaborate with fellow innovators, engage with industry experts, and contribute to shaping the future of finance. For media inquiries or further details about the event, please reach out via the provided email address. To register and discover more about HaRBInger 2024, visit the official website. APIX serves as a hub for fintechs and innovators globally, facilitating Financial Institutions in accelerating their innovation journey through initiatives like innovation challenges and hackathons. Join APIX today to collaborate and innovate in the financial sector.

HaRBInger 2024, powered by APIX and RBI, presents a unique opportunity for individuals to showcase their creativity and problem-solving skills in the realm of financial technology. By fostering collaboration and innovation, this hackathon not only drives technological advancements but also promotes inclusivity and security within the financial landscape. Joining forces with like-minded individuals and industry leaders, participants in HaRBInger 2024 can make a meaningful impact on the future of finance.