Standard Chartered announces the winners of the ‘Banking for the Future’ contest

image002219 September 2016, Mumbai – Standard Chartered Bank India announced the winners of the ‘Banking for the Future’ contest that was aimed at driving the youth to develop innovative ideas to digitise the banking industry. The basic concept was to crowd-source innovative ideas on how digital technologies can be leveraged to transform the financial sector.

Students from NITIE, a premier B-school in Mumbai participated in the contest and over 130 noteworthy projects were received from the teams. Out of these, 12 finalists were chosen on the basis of their innovative approach, clarity of thought and feasibility.

The ‘Banking for the Future’ contest kick-started with teams submitting proposals focused on ways to make banking more seamless and convenient for customers. The brief was to develop smart solutions which would not only improve customer service, but also minimise risk and increase efficiency. During the course of the contest, banking trends like biometrics, artificial intelligence and cardless transactions were also analysed.

The top four teams were awarded by Dr. Michael Gorriz, Group Chief Information Officer and Mr. Zuzar Tinwalla, India Chief Information Officer, Standard Chartered Bank, at an event which was held recently at the Bank’s corporate office in Mumbai.

Standard Chartered

We are a leading international banking group, with around 84,000 employees and a 150-year history in some of the world’s most dynamic markets. We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East. Our heritage and values are expressed in our brand promise, Here for good.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.

Standard Chartered Bank India

Standard Chartered Bank is India’s largest international bank with 100 branches in 43 cities, a combined customer base of around 2 million retail customers and around 2500 corporate and institutional relationships. Key client segments include Corporate & Institutional Banking, Commercial & Private Banking as well as Retail Banking.

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