Bahrain: NBB to announce Digital Banking Challenge winners at Dubai Expo 2020
The National Bank of Bahrain (NBB) will hold the finale of its Digital Banking Challenge in partnership with Bahrain Fintech Bay on November 22nd 2021.
The event will take place at Dubai Expo 2020, during which the Challenge’s winners will be selected and announced from the group of shortlisted finalists.
The Bank launched the challenge to help develop and enhance the Bahraini youth’s skillset and equip them with the necessary knowledge for their future career paths. Focusing on NBB’s new digital banking app, the challenge enabled local university students to formulate creative solutions that could be used on the app.
Earlier this month, 8 short-listed teams were selected for a 6-week mentorship track, giving them the opportunity to attend numerous workshops and one-on-one sessions led by mentors from both NBB and Bahrain FinTech Bay. The 8 teams took part in insightful discussions with their mentors, leading them to identify key innovative solutions designed to further develop NBB’s digital banking app.
The finalist teams will pitch their solutions on demo day at Expo 2020 in Dubai in front of a panel of judges consisting of senior management teams from NBB and Bahrain Fintech Bay. The three winning teams, coming in at 1st, 2nd and 3rd place, will be selected based on the best proposed solution for the app. Winners will receive internships at the bank as well as incredible cash prizes and three months of incubation support from Bahrain FinTech Bay.