ISELIN, N.J., Nov. 16, 2018 /PRNewswire/ -- RCG Global
Services today announced the winners of the 2018 FinServ/FinTech
Hackathon, a week-long event attracting over 100 participants in
the Atlanta area.
RCG Global Services partnered with Pitney Bowes and the
Technology Association of Georgia
(TAG) to challenge aspiring technology developers to create
solutions for retail banking and merchant financial services that
address current market challenges, such as site selection, market
optimization, and customer relationships and retention.
The event, which took place from November
3 to November 10, 2018, resulted in the submission of 11 new
product ideas to resolve these market challenges. In a ceremony on
Monday, November 12, the following
winners were selected by a panel of Financial Services executives
and industry experts:
First prize was awarded to Team Hackalytics who
took on the challenge of identifying new markets in underserved
populations. Leveraging location intelligence, demographic and
socio-economic data they identified underbanked and unbanked market
segments, developed profitable new products and services for new
market segments and offered tailored online services leveraging
Pitney Bowes data sets, APIs and location intelligence. Team
members were Gbenga Arotiba, Huy
Tran, Michael Lane,
Hitesh Patel, and Waihong Leong.
Second prize went to Team Geo-Ninja. The
Geo-Ninjas built a solution for the acquisition of new customers
for online banking by identifying high-potential target
customers beyond the typical customer profile, ranking the
conversion probabilities and developing a new customer cost-benefit
model. Team members were Yi Cai,
Mira Stefanova, Vijey Akkineni, Premchand Boyapati, and Alicia Dean.
Team Viotechnics took the third prize with a solution to
Identify New ATM Services. They developed new programs to
capitalize on 70% of total US transactions occurring via debit card
and acquire new customers by waving ATM fees via securing potential
customer phone numbers and linking potential customer back to
Pitney Bowes data sets. Team members were Mike Reams, Darren
Triplett, Peiwen Liu,
Rajkiran Gaddati, Priyanka Gagneja,
and Reina Lingle.
Mark Taylor, SVP Global Software
Channels at Pitney Bowes said, "There's an incredible amount of
FinTech companies and talent in Georgia. By partnering with RCG and TAG, we
saw the FinTech Hackathon as a great opportunity to team this
talent with our technology in a way that demonstrates innovation
using location. The judges were impressed with how each team
leveraged Pitney Bowes data and APIs to create solutions that could
make a difference in their businesses."
The hackathon contestants were a mixture of local, full-time
students and career professionals from universities and financial
services institutions. During the event, the hackers were
armed with an understanding of retail banking and merchant
financial services business challenges as well as with Pitney Bowes
data sets, APIs and location intelligence to help solve them.
"The FinTech industry is under constant pressure to create
solutions to challenges brought on by everything from regulatory
mandates to financial institution's demand for modernized services
for consumers," says Elizabeth
Hoemeke, SVP, IT Strategy and Global Business at Elavon and
hackathon judge. "I was impressed with each team's ability to grasp
our challenges and quickly develop meaningful solutions."
As part of the hackathon event, a 24-hour full-service workshop
was hosted by Pitney Bowes and RCG Global Services industry experts
to enable and coach the teams during the entire period. In the
final hours of the workshop, teams vied for finalist
positions. Hackathon finalists were selected by the panel
from presentations exhibiting a combination of solution
functionality, usability, impact, viability, innovation, and
speed-to-market.
About RCG Global Services®
RCG has a rich history of enabling clients in the Global 1000
marketplace to realize their digital ambitions. RCG is a global
provider of digital solutions across mobile, web, cloud, and legacy
platforms, with a focus on actionable data and analytics. RCG
serves clients across a range of markets, with special emphasis on
financial services, insurance, healthcare, entertainment and
hospitality, and retail. RCG is based in Iselin, New Jersey, with offices throughout
the United States, and an offshore
delivery center in the
Philippines. (http://www.rcgglobalservices.com/)
About Pitney Bowes
Pitney Bowes (NYSE: PBI) is a global technology company
providing commerce solutions that power billions of transactions.
Clients around the world, including 90 percent of the Fortune 500,
rely on the accuracy and precision delivered by Pitney Bowes
solutions, analytics, and APIs in the areas of ecommerce
fulfillment, shipping and returns; cross-border ecommerce; presort
services; office mailing and shipping; location data; and software.
For nearly 100 years Pitney Bowes has been innovating and
delivering technologies that remove the complexity of getting
commerce transactions precisely right. For additional
information visit Pitney Bowes, the Craftsmen of Commerce, at
https://www.pitneybowes.com.
More on Pitney Bowes Software & Data Marketplace, where
developers can sample data sets instantly, visualize and layer data
on maps, and explore the entire Pitney Bowes data portfolio.
Visit the Developer Hub for access to Pitney Bowes APIs.
About The Technology Association of Georgia (TAG)
TAG is the leading technology industry association in the state,
serving more than 35,000 members through regional chapters in Metro
Atlanta, Athens, Augusta, Columbus, Macon/Middle Georgia, and Savannah. TAG's
mission is to educate, promote, influence and unite Georgia's technology community to foster an
innovative and connected marketplace that stimulates and enhances a
tech-based economy.
Additionally, the TAG Education Collaborative (TAG's charitable
arm) focuses on helping science, technology, engineering, and math
(STEM) education initiatives thrive.
For more information visit the TAG website at www.tagonline.org
or TAG's community website at http://www.hubga.com. To learn about
the TAG-Ed Collaborative visit http://www.tagedonline.org/.
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SOURCE RCG Global Services