We’re in Vegas this week, catching up with several Finovate and FinDEVr alums. Before the week even started, however, we took a gamble and spent the weekend at the Money20/20 Hackathon.
Many Finovate and FinDEVr alums have powerful APIs to enable the creation of solutions to solve all types of problems. At the hackathon, the crowd of 450 developers, engineers, and entrepreneurs developed a myriad of solutions over the course of 25 hours.
Here are the winners for each company:
Bionym winners:
- OffBank, which uses Bionym’s Nymi band to authenticate bank customers before initiating a wire transfer
- I Heart Pay, which uses Bionym’s Nymi band, combined with an app, to enable merchants to verify a customer’s identity to charge them for a transaction
MasterCard winner:
- ShopperPal (for FIS), an app that incents consumers to enter a physical retail store by giving them points for entering a
store, liking the company on Facebook, and making purchases in the store. The points are added to the consumer’s Modo Payments app.
- KidFit (for Alliance Data), an app that syncs with wearable devices, such as a smartwatch, to enable parents to reward their children for elevating their heart rate for a set amount of time. The rewards are given in the form of points in the Modo Payments app.
- Nike Modo, a system that uses the Nike Fuel band to track a consumer’s geolocation and add reward points to their Modo Wallet when they enter a store and make a purchase.