Current Affairs Exam

Fintech Open Hackathon

The leading digital payments platformPhonePeannounced that, will host the first ever Fintech Open Hackathon by collaborating with it.

The first-ever open-to-all hackathon will be organised with the aim of showcasing path-breaking solutions for fintech

The Hackathon will provide an opportunity for digital creators, developers and innovators, from across India to think, ideate and code.

At the hackathon, Participants are required to use any open-data APIs such as PhonePePulse along with frameworks like Account Aggregator as a foundation to power use cases, such as:

Alternate risk models for lending,

Insurance or investments with a focus on Financial Inclusion

Innovative products that use power data signals for demographics and goes for broader adoption of financial Services;

Improved visualisation and derived intelligence based on digital payments data.

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