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23 Apr 2016

59 Teams Ready To Compete in Finhacks 2016 Finals

Jakarta, April 23th 2016 - Financial Technology Hackathon (Finhacks) #HackbyTheBeach, a collaboration between PT Bank Central Asia Tbk (BCA) and DailySocial.id, has captured 460 ideas from hundreds of participants. After passing through the initial evaluation stage, 59 best application ideas were selected and eligible for Finhacks #HackByTheBeach 2016 finals, to be held on 23-24 April 2016 at Segarra Beach Ancol, Jakarta, where a series of events are planned on the Finhacks 2016 agenda.

On Saturday, April 23, selected participants competed to execute submitted ideas and create app solutions for renewable digital payment systems. Director BCA Suwignyo Budiman, Director BCA Erwan Yuris, Director BCA Armand W. Hartono, and DailySocial Founder & CEO Mamuaya Rama attended the event.

In addition, Kaskus Founder Andrew Darwis, Axway API Lead, Axel Grosse, Ideosource Managing Partner Edward I. Chamdani, Touchten CEO and Founder Soeharyo Anton, Setipe CEO and Founder Razi Talib, Coral CEO Batista Harahap, Dailysocial Founder Rama Mamuaya, and Dailysocial Head Technologist Tommy Dian P. will serve as juries who will assess the 59 competing teams.

The apps will be evaluated tomorrow on Sunday, April 24 2016, where the 8 best ideas will be screened, presented, and assessed by the juries. The juries will choose the three best ideas to win Rp 59 million + Oculus Rift for best app, Rp 35.9 million + DJI Phantom 3 for second place, and Rp 15.9 million + GoPro Hero 4 Black Ed for third place.

Financial Technology Hackathon (Finhacks) #HackbyTheBeach is a strategic step to address the needs of customers in the future, done through providing full support to eWallet-based financial technology (fintech) innovation. BCA invites information technology (IT) developers, startups, workers, and practitioners to compete in producing eWallet payment system innovations that offer added value to customers conducting e-commerce financial transactions.

"Finhacks is a concrete manifestation of BCA's great attention to the development of the digital world in the banking and finance industry. We are very confident in the potentials of IT developers in Indonesia and the 59 teams participating today will yield a solution from local innovators to keep up with growing online transactions. Hopefully, domestic demands can be sustained by service and innovation improvement created by fellow Indonesians," Suwignyo concluded.

Director BCA Suwignyo Budiman opened the Financial Technology Hackathon (Finhacks) #HackbyTheBeach Semifinals at Segarra Beach Ancol, Jakarta, Saturday (23/4). The competition is a collaboration between BCA and DailySocial.id, and had netted 460 ideas from hundreds of participants. After passing through the initial stage of judging, 59 best application ideas were selected for the semi-finals in 2016 Finhacks #HackByTheBeach.

Director BCA Armand W. Hartono conversed with one of the participants working on his team’s submitted idea. The event is expected to produce an app solution for digital payment systems in Indonesia.

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About Finhacks 2016

Finhacks is a series of event collaborations from BCA with application industry and developers, ranging from discussions, workshops, and culminating in a hackathon that involves banking, media, IT community, developers, experts, and e-commerce industry actor that encourage the development of innovative digital payment system in Indonesia. To learn more on idea submission and the event, visit Finhacks official page https://finhacks.id 2016.

About DailySocial.id

DailySocial is a media technology that focuses on information, opinions, and discovery. Established in 2008, DailySocial became an Online to Offline platform that encourages growth and innovation in SME Digital and Startup industry in Indonesia through impartial news and an expanding community. Currently, DailySocial is developing a technological upstream to downstream community and media (from technology manufacturers to technology users) through content and strategic collaborations with technology and digital ecosystems in the country. In accordance to its motto Technology for All, DailySocial.id believes that technology can be used to improve the quality of life and people.

About PT Bank Central Asia Tbk (per 31 December 2015)

PT Bank Central Asia Tbk (BCA) is one of the leading private banks in Indonesia focusing on business banking transactions, credit loan facilities, and financial solutions for the corporate, commercial and SME, as well as individual customers. At the end of December 2015, BCA facilitated banking transactions for more than 14 million customers, through 1,182 branches, 17,081 ATMs, and hundreds of thousands EDC, supported by internet and mobile banking.

For more information, please contact :
PT BANK CENTRAL ASIA TBK
Corporate Secretariat Division – Corporate Communication Sub Division
Public Relations Bureau

Address : Jl. MH Thamrin No. 1

Menara BCA Grand Indonesia 20th Floor

Jakarta Pusat

Phone : (021) 2358-8000

Fax : (021) 2358-8300

E-mail : humas@bca.co.id

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