Citi launches fintech challenge for transaction banking

Source: Citi

To mark the tenth anniversary of Citi’s first Innovation Lab in Dublin, Citi has launched a fintech challenge for transaction banking.

Citi is looking for fintech innovators with ideas that have the power to transform how we work and drive client value.

Fintech innovators are invited to develop solutions for a number of problem statements that Citi has set out including how we can reimagine the client experience and what can we do to make data work smarter.

Shortlisted Fintechs will get the opportunity to showcase their designed solutions to executive sponsors at the Fintech Challenge Day on 5th November, 2019 at Citi’s Innovation Lab in Dublin. Citi will also be offering finalists the chance to pilot their solutions with leading Citi product teams in 2020.

Commenting on the challenge, Gulru Atak, Global Head of Innovation at Treasury and Trade Solution Citi, said: “We are constantly looking for standout financial solutions, as we continue to ensure we are providing the best products and service to our clients. We are looking forward to engaging with the fintech community, to hear about the latest innovative solutions in the market that could have a positive impact on the transaction banking industry.”

The final date for entry is 27th September, at which point judges will vet the submissions through calls, in-person meetings and evaluations of the solutions.

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