07/09/2018
Citizens Bank Invites Innovators to Embrace Banking Sector Challenges at Its First ‘Hackathon’
Hackathon grand prize is $10,000
BOSTON - Citizens Bank is inviting Fintech startups, students, tech enthusiasts and others to put their creativity and talent to work to solve some of the thorniest issues currently faced by banks at its first ever Hackathon, to be held July 27 through July 29 at District Hall in Boston.
The event will be a fast-paced, 24-hour challenge aimed at developing data-driven solutions to overcome daily operational challenges. Participants will access simulated data in a mock environment to tackle one of the four Hackathon themes and bring their ideas to life. The four themes are:
- 360° Engagement: How can Citizens consolidate all the information that it has about its customers in one place?
- Liquidity Crystal Ball: What tools can Citizens develop to help customers understand their cash-flow challenges?
- AI and Digital Engagement: How can Citizens leverage AI platforms to increase its response rate and support capabilities to its customers?
- Social Banking: How can Citizens better deliver more personalized products to its customers?
There will be a $10,000 grand prize for the best overall app. Other prizes will be awarded for best commercial app, and best consumer app.
“Technology has transformed banking in unprecedented ways, and there is no limit to the insight and resourcefulness that a gathering like this can generate,” said Beth Johnson, Chief Marketing Officer and Head of Virtual Channels at Citizens Bank. “We’re excited to see what these tech-savvy teams can develop to help us deliver an even better customer experience in line with our overall goal of helping our customers reach their potential.”
Registration for the event is now open, individuals and teams that are interested in participating in the Citizens Bank Hackathon, can register at https://citizenschallenge.com/.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $153.5 billion in assets as of March 31, 2018. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,300 ATMs and approximately 1,150 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services, including lending and deposits, capital markets, treasury services, foreign exchange and interest rate products, and asset finance. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.
