National Australia Bank is opening up its API to developers inside and outside the bank for a one-day cloud computing hackathon, dubbed iDay, this coming weekend.
Participants will compete to create a product, app or prototype over 24 hours and then present their idea, with a $10,000 prize awarded to the winning teams.
NAB is partnering with Intel and Amazon Web Services to provide access to nabAPI in a managed environment. The bank last year shifted its website to Amazon's cloud platform following a 12-month project.
NAB CIO David Boyle, says: “This is a strong demonstration of NAB’s culture of innovation, the desire to bring dynamic and driven talent in our organisation to innovate for customers.”
The most innovative ways of improving customer service in the Health and Agribusiness sectors will win on the day.
Selected participants - from inside NAB and partner firms Amazon, Deloitte, Visa, Adobe and Microsoft - will be encouraged to build applications on AWS environments for rapid roll out over the cloud.
Ed Lanta, managing director AWS Autralia and New Zealand, commended the initiative.
"This is another example of a forward thinking enterprise driving business transformation with cloud computing,” he says.