On 10 November, 17 start-ups from five different countries pitched their projects to a Grand Jury composed of BNP Paribas general management plus external Innovation and Fintech sector experts. Six of them have now been selected to take their projects forward into a 4-month incubation phase, during which they will be working to turn their innovative ideas into concrete services and processes designed to improve customer relations.
The theme of the 2015 BNP Paribas International Hackathon is ‘enhancing the customer experience’. In June, following a weekend-long contest held for the very first time simultaneously in Paris, Brussels, Rome, Istanbul and San Francisco, 17 start-ups were chosen among the 58 competing teams to take part in the next stage, a ‘Digital Bootcamp’. The Bootcamp consisted of a 3-month tutoring phase, during which the teams received mentoring from BNP Paribas experts as they worked to develop their ideas and add greater depth to their projects.
The six start-ups selected at the Demo Day in Paris on 10 November have all been working to develop personalised solutions that provide a better customer experience in various fields, including customer identification/authentication, payments, and data collection & analysis.
The six winning start-ups are:
– BehavioSec: provides a behavioural biometric solution for a multi-layered approach for authentication and verification purposes.
– DataSine: offers behavioural analysis using big data.
– Heuritech: established a semantic analysis engine able to predict interests and cycle changing in a customer’s life.
– LogMote: invented an innovative unified authentication service, which manages both legacy and cloud applications.
– SnapCheck: enables clients to transform their paper checks into digital checks with the aim to reduce costs and fraud.
– Saldo.mx: developed a cross-border bill payment system.
These six selected start-ups will now go forward to the Incubation phase. For a four-month period, they will enjoy unique access to resources provided by the Bank, including financial support, dedicated workspaces, a tailored acceleration programme and introductions to potential partners. BNP Paribas is not only determined to make a long-term commitment to these fledgling companies but will also be acting in an entirely ethical manner: the programme will include regular interactions between BNP Paribas sector experts and the Incubator participants but the start-ups will retain all rights to the intellectual property arising from their work.
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