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HDFC Bank kicks off 2nd Digital Innovation Summit (DIS)

  • Invites ideas from start-ups, fin-techs in new age technologies like AI, IoT, Blockchain, Virtual Reality, and Robotics
  • Best ideas to power bank’s next phase of growth

 

Mumbai, January 09, 2017: HDFC Bank Ltd., today announced the launch of the 2nd edition of its Digital Innovation Summit. The Summit is a platform for start-ups to showcase their innovations aimed at powering the bank’s next phase of growth.

“Innovation is a part of our DNA,” said Mr. Nitin Chugh, Country Head, Digital Banking, HDFC Bank at the launch event in Mumbai. “Through Digital Innovation Summit, we are fostering a culture of innovation.”

Those interested can submit their entries before Jan 22, 2017 by clicking here. Top 25-30 entries will get an opportunity to present their ideas to a jury comprising senior management of the bank on February 9th & 10th in Mumbai. The top 5 ideas selected by the jury will be further evaluated to get the opportunity to partner with the bank. Evaluation is done on the following four parameters:

1) Uniqueness,

2) Business Potential,

3) Usability and Scalability,

4) Compatibility with HDFC Bank’s business and technology platforms.

In its 2nd edition, entries are invited in the following categories:

  • Internet of Things (I0T)
  • Virtual Reality (VR)
  • Artificial Intelligence (AI)
  • Block chain
  • Rural Fin-Tech

Innovations in these categories to be introduced in the areas such as Mobile Banking, Customer Experience, Cyber Security, Social Banking, Payments, Branch Automation, and Operational Efficiency.

For the 2nd edition of the Summit, HDFC Bank has partnered with Let’s Talk Payment as Summit partner.

The initiative is part of the bank’s strategic focus on customer convenience, access and delight, using technology as an enabler. This journey began in 2014 in Varanasi with the launch of the #GoDigital ‘Bank aapki mutthi meincampaign.

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PRESS RELEASE

Brian Pereira

Brian Pereira is an Indian journalist and editor based in Mumbai. He is Editor-in-Chief of Digital Creed, which he founded in 2015. A technology buff, former computer instructor, and software developer, Brian has 27 years of journalism experience (since 1994). He is sound and confident about his knowledge of business technology concepts. And he is a believer in continual education/learning. Brian is the former Editor of CHIP and InformationWeek magazines (India). He has written hundreds of technology articles for India's leading newspaper groups such as The Times of India and Indian Express Newspapers (among others). And he has conducted more than 300 industry interviews during his journalism career. Brian also writes on Aviation, cybersecurity, startups, and topics directed at small and medium businesses. He achieved certifications from the EC-Council (Certified Secure Computer User) and from IBM (Basics of Cloud Computing). Apart from those, he has successfully completed many courses on Content Marketing and Business Writing. Follow Brian on Twitter (@creed_digital) and LinkedIn.

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