Teams shortlisted in NBB Digital Banking Challenge

MANAMA: Eight teams of university students have been shortlisted in the NBB Digital Banking Challenge, held in partnership with Bahrain Fintech Bay (BFB).

The final winning team, to be selected in the second phase of the programme, will receive cash prizes and a three-month incubation at BFB.

The competition was launched in August, with registered applicants undergoing a two-day bootcamp during September.

Held at BFB’s co-working offices, the bootcamp included panel sessions led by members of several departments from both NBB and BFB.

The speakers from NBB included Razi Amin, group chief information officer; Hisham AlFateh, head of corporate communications; Omar Al Adhami, head of retail digital banking; Ali Ghuloom, head of digitisation and project management; Ahmed Al Maskati, head of retail product; Abdulla Buali, head of project management; Maram Buallay, human resources senior manager; Nada Ishaq, retail marketing manager; Muneera Ahmed, strategy manager; Amgad Sami, customer loyalty manager; Reem Taqi, rewards and value proposition specialist; along with digital banking platform Backbase’s delivery director for Middle East and Africa Maarten Van Truijen.

The speakers discussed a range of topics covering strategy and digital banking, transformation, rewards and customer loyalty, with an introduction to Backbase and the digital platform, as well as project management, product development and marketing and communications.

Participants were given the opportunity to meet their team members and learn more about the challenge, understanding the different aspects of the NBB Digital Banking App and the various possibilities of development.

Earlier this month, the 25 teams that registered each submitted a video that demonstrated their initial solutions for the app, with the top eight teams advancing to the six-week acceleration phase.

The winner will be selected during the demo-day event on November 28.

Congratulating the shortlisted teams, Mr Al Adhami said: “Through this challenge, participants were able to gain first-hand experience by working on innovative solutions for the NBB Banking App to further enhance customer experience.”

Mr Amin said: “As we move further into a digital age, it is important for us to hone this young generation’s skills so that they may be able to capitalise on future opportunities and succeed within their sectors of choice.”



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