Banca Intesa announces winners of Tech the Bank contest
In the grand finale of the “Tech the Bank” competition, organized in partnership with Visa, Banca Intesa rewarded the most innovative ideas and digital solutions. Out of seven finalists, three winning teams were selected based on the criteria of investment profitability, applicability and prospects for development. The winning teams are Humanitarko, Share Pay and the Cropt team. In accordance with its business plan, the Bank will provide support for the development of their ideas into a specific product or app function, and each of them will also be awarded with EUR 10,000, as well as a trip to the Intesa Sanpaolo Group Innovation Hub in Turin.
The competition was open for individuals, teams, companies as well as start-ups, and over 260 teams applied which developed creative, digital solutions on topics Bank as a service, Super App and Smart Data. Within these topics, they proposed new, fresh solutions for using the bank as a payment and loan platform in the non-banking sector, improved ways to integrate and use non-banking services and features within the bank’s mobile app, as well as options for using data in order to improve the user experience and provide well-rounded services to users.
The jury, comprised of prominent experts from the business and academic worlds, had the very challenging task of selecting the best finalists out of the 42 ideas submitted, based on a five-minute video in which the participants presented their solutions. Darko Popović, President of the Executive board of Banca Intesa Belgrade, Vladimir Đorđević, General Manager, South East Europe, Visa, Marko Čadež, President of the Chamber of Commerce and Industry of Serbia, Jelena Drakulić Petrović, General Manager of Ringier Axel Springer, Prof. dr Mihailo Jovanović, Head of the Office for Information Technology and e-Government of the Government of the Republic of Serbia and Prof. dr Miroslav Marić, tenured professor at the Faculty of Mathematics and President of the Math Association of Serbia, who made up the jury, had the opportunity to watch the presentations submitted by the finalists, and reach an agreement in person before making the decision on which three solutions had the best potential to improve digital banking operations via their implementation and development.
Humanitarko, which aims to connect banks and humanitarian organizations, was awarded in the Super App category. As the answer to the topic of Bank as a Service, the Share pay team proposed a solution for group payment and bill splitting, while Cropt, which was awarded in the category of Smart Analytics, designed an AI system for automatic risk assessment of agricultural clients.
Banca Intesa organized the “Tech the Bank” competition, this year for the first time, with the aim to contribute to the development of the digital community in our country, supporting innovative ideas, and applying solutions which can bring banking operations even closer to the expectations of clients.