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BNP Paribas' First-Ever International Hackathon Presented By Bank of the West Held June 12-14 at Galvanize in San FranciscoSAN FRANCISCO, June 18, 2015 /PRNewswire/ -- Last weekend starting on June 12, Bank of the West, in partnership with parent company BNP Paribas, hosted its first international hackathon, which took place simultaneously with 48-hour sessions in five cities - San Francisco, Paris, Brussels, Istanbul and Rome - where designers, developers, and young startup teams were invited to work on one central theme: enhancing the customer experience. In order to meet the rapidly evolving needs and expectations of customers, the San Francisco competition challenged nearly a dozen local designers, developers and startups to find new ways to enhance the customer experience in the categories of "Click & Mortar" and "Financial Literacy & Empowerment." The winners, both from the "Click & Mortar" category, of the first stage of the hackathon held in San Francisco are:
As part of the next step of the three-stage international hackathon, winners move onto the second phase of the competition along with 14 other teams from the other locations from around the world. The final 16 teams will move forward to the digital boot-camp, which will be running in the summer until September in Paris. This will be an online mentoring phase during which the participants will be able to call upon the know-how of BNP Paribas professionals in order to optimize their chances of success. At the end of this period, the competing teams will take part in an international Demo Day, here they will present their projects to innovation experts and investors. During the third and final stage, five teams will then be chosen for a six-month incubation period. This will provide a unique opportunity to draw on greater resources, including financial support, cutting-edge workspaces, a tailored acceleration program, plus introductions to potential partners. The teams will retain the intellectual property rights arising from their work on the program. "Based in the hub of technological innovation, here in the Bay Area, it has been very exciting to bring together the melding of banking and technology in this particular forum," said Andy Harmening, senior executive vice president, head of Bank of the West Regional Banking Group. "While Bank of the West has always employed an entrepreneurial startup mentality, the BNP Paribas International Hackathon provides a clear, powerful response to leverage the technological advancements in the area of financial tech, and beyond, for the benefit of our clients." About BNP Paribas About Bank of the West: Deposit and loan products offered by Bank of the West, Member FDIC.
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/bnp-paribas-first-ever-international-hackathon-presented-by-bank-of-the-west-held-june-12-14-at-galvanize-in-san-francisco-300101567.html SOURCE Bank of the West |