Allied Bank Hosts 3rd Fintech Hackathon with Teamup Ventures

Allied Bank and Teamup Ventures are teaming up once again to host the 3rd Allied Bank Fintech Hackathon. This year’s event focuses on fostering innovation in key areas like digital authentication, integrated banking platforms, AI-powered customer experiences, and leveraging Pakistan’s Raast payment system.

Building on the success of previous hackathons, the event aims to connect innovators and entrepreneurs with the goal of driving digital transformation within the banking sector. Participants will have the opportunity to develop and showcase solutions addressing the evolving needs of customers in the digital age.

“The Fintech Hackathon has been a valuable platform for nurturing talent and fostering innovation in the Fintech space,” said Mohsin Mithani, Chief Digital Officer at Allied Bank Limited. “We look forward to seeing the groundbreaking ideas that emerge this year.”

Zouhair Abdul Khaliq, Founder and CEO of Teamup Ventures, echoed the sentiment, highlighting the hackathon’s role as a “flagship event” for collaboration and entrepreneurship in Pakistan’s Fintech scene.

The application window for the 3rd Allied Bank Fintech Hackathon is open until April 28th, 2024. Problem solvers and innovators nationwide are encouraged to apply for a chance to compete for cash prizes totaling PKR 3 million, mentorship opportunities, and potential collaboration with Allied Bank Limited.

Hot this week

HBL Microfinance Bank Enhances Fraud Prevention with 1LINK’s Device Fingerprinting and Anti-Fraud Solutions

HBL Microfinance Bank partners with 1LINK to implement advanced Device Fingerprinting and Enterprise Anti-Fraud technologies powered by TrustDecision, boosting real-time fraud detection and digital banking security.

Punjab Makes Raast QR Payments Mandatory for Restaurants, Hotels, and Beauty Parlours

Punjab Revenue Authority has mandated Raast QR code–based digital payments for restaurants, hotels, and beauty parlours, requiring SBP-linked QR accounts within 14 days to enhance transparency and documentation.

Bithumb Accidentally Distributes $44 Billion in Bitcoin, Sparks Market Volatility and Regulatory Action

South Korean crypto exchange Bithumb mistakenly distributed over $40 billion worth of bitcoin as promotional rewards, causing a sharp selloff and prompting regulators to review crypto exchange controls.

ABHI Microfinance Bank Drives Pakistan’s Fintech Growth with Embedded Finance and Payroll Technology

ABHI Microfinance Bank, a Special Technology Zones Authority enterprise, is transforming Pakistan’s digital finance ecosystem with API-driven embedded finance and real-time payroll solutions.

Dr Kabir Ahmed Sidhu Assumes Charge as SECP Chairman, Sets Reform-Driven Agenda for Pakistan’s Financial Sector

Dr Kabir Ahmed Sidhu takes charge as SECP Chairman, pledging reforms in insurance, capital markets, non-banking finance, and digital transformation to enhance financial inclusion and economic growth.

Topics

HBL Microfinance Bank Enhances Fraud Prevention with 1LINK’s Device Fingerprinting and Anti-Fraud Solutions

HBL Microfinance Bank partners with 1LINK to implement advanced Device Fingerprinting and Enterprise Anti-Fraud technologies powered by TrustDecision, boosting real-time fraud detection and digital banking security.

Punjab Makes Raast QR Payments Mandatory for Restaurants, Hotels, and Beauty Parlours

Punjab Revenue Authority has mandated Raast QR code–based digital payments for restaurants, hotels, and beauty parlours, requiring SBP-linked QR accounts within 14 days to enhance transparency and documentation.

Bithumb Accidentally Distributes $44 Billion in Bitcoin, Sparks Market Volatility and Regulatory Action

South Korean crypto exchange Bithumb mistakenly distributed over $40 billion worth of bitcoin as promotional rewards, causing a sharp selloff and prompting regulators to review crypto exchange controls.

ABHI Microfinance Bank Drives Pakistan’s Fintech Growth with Embedded Finance and Payroll Technology

ABHI Microfinance Bank, a Special Technology Zones Authority enterprise, is transforming Pakistan’s digital finance ecosystem with API-driven embedded finance and real-time payroll solutions.

Dr Kabir Ahmed Sidhu Assumes Charge as SECP Chairman, Sets Reform-Driven Agenda for Pakistan’s Financial Sector

Dr Kabir Ahmed Sidhu takes charge as SECP Chairman, pledging reforms in insurance, capital markets, non-banking finance, and digital transformation to enhance financial inclusion and economic growth.

Fintech and Banking Leaders to Convene in Riyadh to Rethink MSME Lending Models

Banking and fintech leaders will gather in Riyadh on February 10 to discuss structural challenges in MSME lending and explore scalable, data-driven credit solutions.

KWSC Launches Unified Mobile App and Migrates Bill Collection to 1BILL Platform for Real-Time Digital Payments

Karachi Water & Sewerage Corporation launches its Unified Mobile App and shifts bill collection to the 1BILL platform, enabling real-time digital payments, wider payment channels, and improved service reliability across Karachi.

LUMS Center for Digital Assets Research Partners with Binance Academy for Crypto Seminar

LUMS CEDAR, in collaboration with Binance Academy, invites participants to a seminar on cryptocurrency fundamentals, blockchain technology, and digital assets on 9th February 2026 at LUMS.
spot_img

Related Articles

Popular Categories

spot_imgspot_img