Bank of Maldives (BML) has announced the winners of its Hackathon.
The national bank revealed the winning ideas are Digital Onboarding submitted by Ahmed Mahfooz, Hussain Zayaan, Moosa Irushaan, Expense Tracker submitted by Mohamed Athik Ali Riza, Fathimath Areen Naseem, Mohamed Yaniu Rameez, and Personal Finance Manager submitted by Mohamed Jailam, Ibrahim Hussain Shareef, Mohamed Eeman.
The Hackathon was held under the theme of developing Banking Solutions to Enhance Customer Experience. Over 30 participants took part in the 48-hour hackathon to develop innovative fintech ideas and solutions to enhance customer experience and operational excellence.
BML noted the three winning teams will go into the Innovation Lab to develop their winning ideas over a period of six months. At the Innovation Lab, the bank will provide a furnished private working space to use as an office, a monthly allowance of USD1,293 for each team, and a long-term maintenance contract for the developed solution.