01 August 2015

Zapp looks to 'revive retail' through two-day hackathon

19 June 2014  |  8803 views  |  0 Hands on Laptop Keyboard

Finextra is working with VocaLink-backed mobile payment startup Zapp to seek out new ways to re-invent the retail experience at a two-day hackathon in London.

Set up by VocaLink in 2013, Zapp is aiming to bring real-time mobile payments - in store, online and through apps - to millions of Brits by integrating its system into bank apps and tapping into the Faster Payments rails.

In January five major financial institutions - HSBC, first direct, Nationwide, Santander and Metro Bank - committed to embedding Zapp within their phone and tablet apps, bringing the technology to their 18 million customers.

The ZappHack event is being held in Shoreditch on 7th-8th July. It is open to developers, coders and designers from the fintech, start-up and retailer communities, who will be challenged to come up with novel use cases for pain-free and frictionless digital commerce scenarios.

Teams can be comprised of up to four people, pre-formed or formed on the day, and the finished prototypes will be scored according to the level of disruption, retail time/cost saving, consumer time saving, ease of use and technical completeness.

The winning team will be awarded with an all-expenses paid trip to South Korean capital Seoul, widely acknowledged as a world leader in consumer uptake of mobile payments technology. There is also the opportunity to receive Preferred Partner Status with Zapp, putting the winners in a prime promotional spot for the full-scale commercial launch in early 2015.

As part of our increased focus on the fintech startup scene, Finextra will be reporting from the ZappHack event and capturing the stories behind the winning participants, their new business ideas and the apps they are building.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

20 March, 2014
15 January, 2014
04 November, 2013
12 September, 2013
02 August, 2013
17 July, 2013
24 June, 2013

Related company news


Top topics

Most viewed Most shared
ING Bank introduces voice-activated mobile...
8423 views comments | 26 tweets | 29 linkedin
Will Uber be the Uber of banking?
6762 views comments | 39 tweets | 29 linkedin
Payments and capital markets sectors domin...
5898 views comments | 16 tweets | 17 linkedin
Singapore hires Citi veteran to lead new f...
5572 views comments | 13 tweets | 5 linkedin
Stripe lands new funding; signs deal with...
5433 views comments | 16 tweets | 18 linkedin

Featured job

Basic £100K+ OTE £200K+

Find your next job