Royal Bank of Scotland is joining forces with Innovate Finance and Founders of the Future to run a 48-hour hackathon in Edinburgh focused on technology that helps bank the unbanked.
According to the Financial Inclusion Commission, 1.5 million adults in the UK are still unbanked. The hackathon is looking to find ways to tackle some of the causes, including digital exclusion, creditworthiness and accessibility.
Participants will gather at the RBS headquarters in Edinburgh between the 21st and 23rd of June to identify problems, talk to potential users, and build minimum viable products before pitching their efforts to a panel of judges.
Alison Rose, CEO, commercial and private banking, RBS, says: "We’re really excited about the potential of events such as this because they allow us to bring together small teams of people to test new ideas and think outside the normal constraints of everyday office life."
Interested parties can apply for one of the 100 places at the hackathon here.