BOC Fintech
Hackathon 4.0

Bank of Cyprus is organizing the BOC Fintech Hackathon 4.0 regarding the innovative technologies of the financial sector (Fintech) on 06-08 October 2023, which will take place in person at the IDEA Innovation Center

The goal of BOC Fintech Hackathon 4.0 is to create innovative solutions around Fintech, up to the stage of a Minimum Viable Product (MVP) with the prospect of future development into full functional applications.

GOAL

Apply

I want to Participate

BOC Fintech Hackathon 4.0 is open to developers, startups, professionals, students, as well as anyone interested in taking part and actively contributing to the development of applications that promote innovative young entrepreneurship and the development of fintech services and applications.

BOC Fintech
Hackathon 4.0

Bank of Cyprus is organizing the BOC Fintech Hackathon 4.0 regarding the innovative technologies of the financial sector (Fintech) on 06-08 October 2023, which will take place in person at the IDEA Innovation Center

The goal of BOC Fintech Hackathon 4.0 is to create innovative solutions around Fintech, up to the stage of a Minimum Viable Product (MVP) with the prospect of future development into full functional applications.

GOAL

Apply

BOC Fintech Hackathon 4.0 is open to developers, startups, professionals, students, as well as anyone interested in taking part and actively contributing to the development of applications that promote innovative young entrepreneurship and the development of fintech services and applications.

Challenges

The applications that the teams will develop can respond in an
appropriate operational technological way to the following challenges,
without these being binding:

For Customers

  • Financial Literacy (helping customers in making sound financial decisions)
  • Personal Financial Assistant (opportunities, bookkeeping, alerts)
  • User-Authored Smart Contracts (using NLP, over Blockchain)
  • C2B/B2B Interaction Support (market opportunities, advertising)

For Businesses

  • Predictive Analytics (investment, trading, risk management)
  • Anomaly Detection (fraud detection, stress detection)
  • Decision Support (underwriting, credit scoring, KYC, compliance)
  • Process Automation (task completion, trading, reporting)
  • C2B/B2B Interaction Support (market opportunities, advertising)

Horizontal Principles

  • AI Mediation
  • Trustworthiness
  • Contestability
  • Human-Driven

VR/AR/MR and the Metaverse

  • Creation of immersive 3D environments to enhance customer experience (e.g. virtual trading)
  • Shopping in the virtual world: creating immersive virtual experiences (Visa and Mastercard examples)
  • Data visualization: : representing (complex) financial data in a visually compelling and interactive manner to enhance customer experience and engagement.
  • Augmented Reality for customer service and support

Challenges

The applications that the teams will develop can respond in an appropriate operational
technological way to the following challenges, without these being binding:

For Customers

  • Financial Literacy (helping customers in making sound financial decisions)
  • Personal Financial Assistant (opportunities, bookkeeping, alerts)
  • User-Authored Smart Contracts (using NLP, over Blockchain)
  • C2B/B2B Interaction Support (market opportunities, advertising)

For Businesses

  • Predictive Analytics (investment, trading, risk management)
  • Anomaly Detection (fraud detection, stress detection)
  • Decision Support (underwriting, credit scoring, KYC, compliance)
  • Process Automation (task completion, trading, reporting)
  • C2B/B2B Interaction Support (market opportunities, advertising)

Horizontal Principles

  • AI Mediation
  • Trustworthiness
  • Contestability
  • Human-Driven

VR/AR/MR and the Metaverse

  • Creation of immersive 3D environments to enhance customer experience (e.g. virtual trading)
  • Shopping in the virtual world: creating immersive virtual experiences (Visa and Mastercard examples)
  • Data visualization: : representing (complex) financial data in a visually compelling and interactive manner to enhance customer experience and engagement.
  • Augmented Reality for customer service and support

TIMELINE

In order to better prepare for the marathon, an Open Day information session will be held on 21 September 2023, at 5:00 remotely with conference tools. At the Open Day, the organizers will present their vision to the contestants, offer direction, guidance and practical advice and allow time for questions.

Prizes

For the teams that will be distinguished there will be significant monetary
and other prizes, which you can see below:

Note!!


Best Use of Jinius APIs


+ €2,000 από Jinius tagline


Learn more about JINIUS APIs

Scholarships

Three (3) scholarships 40%, 30% and 20% (for 1st, 2nd and 3rd place respectively) available to full-time new undergraduate students for the Bachelor Degrees in Computer Science and Data science. Students awarded the scholarship must remain in good academic standing throughout their studies, maintaining a GPA of (3.0/4.0) upon the completion of every academic year in order for their scholarship to be renewed and



Three (3) scholarships 25%, 20% and 15% (for 1st, 2nd and 3rd place respectively) available to full-time new postgraduate students for the Distance Learning Master Degrees in Computer Science and Data Science.

Note!!

In case of securing two (2) or more scholarships, the scholarship with the highest tuition fee reduction rate applies.

The scholarship does not cover the cost of books and other fees, such as the registration fee.

Awarded participants must meet the required admission criteria as determined by the University of Nicosia.

Consulting services offered for free for the utilisation of European and national funds for the further development of the business idea. The duration of the meetings for the provision of these consulting services will have a total duration of 5 hours.


Free participation in a training course offered by the EUC Future Skills Hub, worth of 500 EUR. The team that will win this prize will select the topic of the seminar that they will wish to participate in from the existing list of available seminars.

The "Innovate to Elevate" prize is designed to recognize and reward the most innovative and promising project focusing on the integration of Artificial Intelligence (AI)/ Machine Learning (ML) into the financial sector. This prize is not only about winning but about taking your innovation to the next level by providing you with the resources and support needed to bring your idea to fruition: it offers the winning team the opportunity to further develop their AI/ML-driven fintech idea with the support of our Centre's experts and resources.

Twenty-Five (25) Azure One time Pass(s) USD $300 each (to be provided for Hackathon participants who choose to use Azure environment).

Five (5) Azure one time Pass(s) USD $500 each (to be provided as prizes)

Partners

Technological and Organizational Support

Evaluation and Mentoring Guide

JUDGES

George Kousis

Executive Director Technology&Operations at Bank of Cyprus

Andreas Theodosiou

Manager Information Technology Services at Bank of Cyprus

Demetris Papallis

Manager IT Governance at Bank of Cyprus

Demetris Nikolaou

Chief Digital Officer at Bank of Cyprus

Dr Celia Hadjichristodoulou

Founder and Managing Director GrantXpert Consulting Ltd, European University

George Karamanolis

Co-Founder & CTO/CIO at Crowdpolicy - Chairman of Hellenic Blockchain Hub

Panayiotis Korinos

Manager Innovation & Entrepreneurship Innovation & Entrepreneurship Centre

Harald Gjermundrød

Professor at University of Nicosia

Marios Kapiris

Director, Kyndryl Cyprus - Alliances and Ecosystems Leader, Kyndryl Greece & Cyprus

Vasos Vasiliou

Associate Professor at University of Cyprus

Niki Ioannou

Head of Business Solutions - Cytabusiness

Leonidas Georgiou

Cross-Solutions Area Lead at Microsoft – Central Europe 

Loizos Michael

Professor at the Open University of Cyprus

MENTORS

Dr Celia Hadjichristodoulou

Founder and Managing Director GrantXpert Consulting Ltd, European University

Michael Psallidas

Managing Director, Crowdpolicy

George Karamanolis

Co-Founder & CTO/CIO at Crowdpolicy - Chairman of Hellenic Blockchain Hub

Vicky Foteinoy

Innovation Expert, Startups enthusiast, Program Manager

Meletios Nezis

Developer,ASEP

Alexandros Phinikarides

Senior Site Reliability Engineer, Bank Of Cyprus

Yiannis Hajdihambis

Internet Banking Product Manager, Bank of Cyprus

George Pelekanos

Officer IDEA • Innovation & Entrepreneurship Centre, Bank of Cyprus

Joanna Georgiou

Ph.D. Student & Researcher at the Laboratory of Internet Computing - Computer Science Department, University of Cyprus

Dr. Demetris Trihinas

Department of Computer Science School of Sciences and Engineering, University of Nicosia

Dr. Andreas Savva

Associate Professor, University of Nicosia

Spyros Siphounas

Officer Managed Services Govern. Operat., Bank of Cyprus

Alberto Bullo

Site Reliability Engineer at Bank of Cyprus

Andreas Kannetis

Senior Software Engineer at Bank of Cyprus

Petros Nicolaides

Digital Product Management at Bank of Cyprus

Nikolas Komodromos

Software Developer Information Technology Services at Bank of Cyprus

Alexandros Filippou

Software Engineer Information Technology Services at Bank of Cyprus

Andreas Michaelides

Delivery Management Lead at Jinius

Marios Koskinas

Integrations Technical Lead at Jinius

Angelos Constantinides

Team Lead at Jinius

Christoforos Kyriakou

Software Developer at Jinius

Stelios Kiayias

Team Lead at Jinius

Christos Nikolaou

Enterprise Architect Information Technology Services at Bank of Cyprus

Phanis Parpas

Cloud Solution Architect, App and Innovation, South East, Microsoft

Marios Kelepeshis

Cloud Solution Architect – Engineering at Microsoft

Nikolaos Antoniou

Azure Application Development Specialist  at Microsoft

Marios Thoma

Research Associate at Cyens

Dr. Kleanthis Neokleous

Group Lead at CYENS Research center on Interactive media Smart systems and Emerging technologies & CMO MentisVR at Cyens

Waqar Aziz 

Research Associate at CYENS Centre of Excellence at Cyens

Nicolas Nicolaou

Sales Manager at CYTA

Fotos Frangoudes

Research Associate at Cyens

Liza Charalambous

Co-founder & CTO at Malloc

Alexandros Apostolides

Scientific Collaborator, Economics at European University

Maria Theodoulou

Project Manager at Kyndryl

Pantazis Pantazi

Senior Middleware Specialist at Kyndryl

Konstantinos Stergiopoulos

Lead Infrastructure Specialist at Kyndryl

Christos Yiacoumis

CEE & EM Security Associate Partner at Kyndryl

David Kababyan

Mobile Application Developer at Jinius

Constantinos Fasoulis

Support & Operations Lead at Jinius

Mary Riga

Lawyer | Cremer & Partners

FAQ

Bank of Cyprus is organizing the 4th Boc Hackathon regarding the innovative technologies of the financial sector (Fintech) on 06-08 October 2023, which will take place in person at the IDEA Innovation Center

You can apply here.

To the team and its members. See the Terms and Conditions of BOC Fintech Hackathon 4.0 here.

Yes, existing and new teams can certainly participate in the competition.

#BocHackathon

At Boc Fintech Hackathon 4.0 can participate scientists, engineers, programmers, economists, analysts and in general anyone who has an idea on issues related to the application of new technologies and is interested in developing it. The direction of creating groups between different subjects will be strengthened, as well as collaborations with external participants, such as professionals, academics, researchers or students.

We invite any interested individual, group or company to participate in the marathon:

  • by developing original methodologies and applications that address these problems (participants).
  • supporting this effort (mentors, sponsors, supporters, public organizations, companies, collective bodies).

VENUE

IDEA Innovation Center

Likourgou 36,
Nicosia 1011, Cyprus
Access

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