It was announced today that Ulster Bank will gather developers, coders, designers, entrepreneurs and investors, to join Ireland’s only banking Hackathon from 17th to 19th February in partnership with Dogpatch Labs. Participants will come up with ideas which are quickly ‘hacked’ together to create operable and viable propositions to benefit customers.
“Open banking” is the vision that banks are transforming from closed business models to ‘open’, connected ones that are better able to communicate with each other. Ulster Bank and RBS believe that this will lead to increasingly relevant solutions across the banking sector.
Participants will work in teams to deliver working prototypes around themes of financial services to enable ‘open banking’. The Hackathon will culminate in pitches to the judging panel which comprises Patrick Eltridge (RBS CIO), Ciaran Coyle (Ulster Bank Chief Administrative Officer), Patrick Walsh (Dogpatch Labs MD), David Erixon (Head of Digital and Customer Innovation at Ulster Bank) and also to senior business leaders. People can attend alone or with a team and can bring ideas that they’d like to pitch or join someone whose pitch interests them.
Mentors from the industry and beyond will guide participants through the conception and build of their ideas, and pitching workshops will help them to present their solutions to potential investors in the best possible way.
Managing Director at Dogpatch Labs, Patrick Walsh says, "Dogpatch Labs is delighted to work with Ulster Bank on the Hackathon again this year. It’s a perfect fit as it combines innovation, fun, creativity and challenging the status quo. We look forward to seeing the fruits of everyone’s labour over the course of the weekend and exploring how the successful teams might commercialise their ideas."