APIX and RBI Join Forces for HaRBInger 2024 Hackathon

APIX partners with the Reserve Bank of India to host the HaRBInger 2024 hackathon, aiming to create solutions for financial security and inclusion. The event targets issues such as fraud detection and accessibility for the visually impaired, and offers substantial prizes for innovative solutions.

In a landmark partnership, APIX, a leading global collaborative innovation platform for financial institutions and fintechs, has teamed up with the Reserve Bank of India (RBI) to host the prestigious HaRBInger 2024 hackathon. This event aims to bring together top talent from around the globe to address key issues in financial security and inclusion.

The hackathon will focus on four critical problem statements: real-time fraud detection, ensuring transaction anonymity, identifying mule accounts, and empowering the visually impaired in financial transactions. Participants will harness innovative technologies such as AI, machine learning, and data analytics to develop groundbreaking solutions.

''At APIX, we are thrilled and proud to partner with RBI for HaRBInger,'' said Umang Moondra, CEO of APIX. ''RBI's leadership in driving innovation in the financial services sector is exemplified by HaRBInger 2024's focus on critical challenges related to security, integrity, transparency, trust, and inclusivity in digital transactions.''

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