Barclays is to stage a simultaneous two-way hackathon between its fintech hubs in Manchester and Mumbai to provide startups with a chance to showcase their innovations to top decision makers at the bank.
Beginning this weekend, the two-day hackathon will involve an estimated 500 teams and over 1,000 internal and external developers working between the two global hubs.
The Rise Hackathon, dubbeded 'Rise: Episode II, The Bank Awakens, offers consumer banking, corporate banking, and payments tracks to surface innovation across a broad area of fintech challenges.
Barclays is using Akana to host relevant internal APIs on its platform for consumption and integration with third party apps. The bank is also pooling support from 20+ third party vendors, including Amazon Web Services (AWS), Google, Twitter, Salesforce, IBM, Microsoft and Twillio.
Barclays' Mumbai centre was opened in March, joining five other hubs scattered across the globe in London, Manchester, New York, Tel Aviv and Cape Town with the aim of creating a global digital network promoting online collaboration and participation in innovation challenges.