This last Sunday will remain a memorable date in Germany. Besides our Hack/Make The Bank Open Data Edition, Germany won the World Cup in Brazil!
We started the day with some nice breakfast prepared by Simon and after a brief introduction of the APIs and the participants we went on hacking for the whole day.
The day ended by watching the game and celebrating Germany's success.
The other participating hacks ranged from financial advice to the elderly, fraud detection, CSR advice module, real-time risk analysis, an iBeacon shopping app, crowd funding platform, and cargo container insurance.
Below are the three winners:
Jury special award: DonationBundle
DonationBundle let users decide how much they want to donate every month and to which causes. They also publish all the transactions on their website using the Open Bank Project API.
Audience Award: Fritz
Fritz developed an app that lets family members approve online purchases or payments on behalf of other members like parents approving expenses of their children.
The Other hacks are
Big shout out to the Rabobank Innovation group who put their trust into our team since day one and were open and very pleasant to work with. We are very glad with the results and looking forward to the next edition! :-)
For those who can’t wait for a whole year, next Sunday, we are holding another fintech hackathon here in Berlin. This is time we will focus on fintech and open data. http://www.hackmakethebank.com/ - feel free to join!
TESOBE and VANSO partner to bring the Open Bank Project to Nigeria.
Berlin, Germany - TESOBE and VANSO announces today that they are working to deploy the Open Bank Project API with some of its premier banking clients in Nigeria. This deployment is initially scheduled for Q4 2014 and will provide banks with the ability to rapidly roll out innovation on their web and mobile channels.
Earlier this month, TESOBE and VANSO signed a partnership agreement to bring the Open Bank Project to sub-Saharan banks starting with Nigeria. VANSO will use the Open Bank Project API to speed up development on its mobile and online banking applications. TESOBE will provide commercial licenses, integration, training and support to VANSO.
For VANSO the Open Bank Project API provides a secure banking API that is flexible and provides a consistent banking data model on which to connect its online and mobile banking solutions: “At VANSO, we are at the forefront of delivering innovative solutions and disruptive technologies to our clients in the financial services industry in Nigeria. We believe that this partnership with TESOBE will provide us with the capability to implement these solutions both quickly and securely!” said Denis O’Brien, CEO of VANSO.
Of this announcement, Simon Redfern, CEO of TESOBE and founder of the Open Bank Project said "We’re delighted that VANSO have committed to taking the Open Bank Project to West African banks starting with Nigeria. We are looking forward to working with them to bring the power of our open source and developer friendly APIs to their banking customers."
VANSO plans to rollout the Open Bank Project to a number of banks across the region in the next two years.
About The Open Bank Project
Led by Berlin-based TESOBE, The Open Bank Project provides a secure, open source and developer friendly Application Programming Interface (API) for banks so that developers and companies can build innovative applications
and services based on the account holders’ transaction data. The Open Bank Project was incubated by the FinTech Innovation Lab, London and the Open Data Institute, London. More info: http://www.openbankproject.com
Vanso is a FinTech market leader with over 10 years experience in delivering cutting edge technologies to the financial services industry in Nigeria. Specialising in Online and Mobile banking, Payment and Card Solutions, Vanso works with the leading Nigerian banks.