Hacking for $73K
What do you get when you stick a bunch of coders in one room with NCR Silver’s API, laptops and food for two days?
Innovative ideas for reducing fraud, new ways to simplify processing orders, and even alternative credit options for small business owners.
Fourteen teams made up of over 70 participants of all ages (one as young as 12!) came from across the nation recently to meet at the ATDC “#FINTechHack” kickoff at Georgia Tech in Atlanta. The ATDC is ranked one of the world’s top technology incubators and named a Top 12 Incubator Changing the World by Forbes.
Competitors had 48 hours to conceive, develop and deliver products utilizing POS capabilities made possible by NCR Silver, WorldPay and Yodelee.
They all had access to NCR Silver’s “API,” a set of tools and protocols for building software applications
The event began with advice from the sponsors, who also served as judges.
CTO Rupen Patel represented NCR Silver and advised hackers to think of a “use case” when coming up with workable solutions.
“We’re not just about doing transactions at the store, but also online and mobile,” he said.
With that, the marathon programmers were ready to rock.
The codefest produced many standout ideas that all utilized NCR Silver’s API:
Best Use of NCR Silver API
Crazy BZ —Cut employee theft out of small business by creating the impression that the owner is always monitoring. The idea uses fraud detection algorithms to alert business owners with live links through text when anything looks out of the ordinary.
Best Use of Worldpay API
Emoji Pay —Combined the powers of NCR and Worldpay to use emojis to place orders and pay through text.
Best in Show (and best use of Yodlee API)
Freeing Returns —The grand prize went to a fraud prevention solution for making returning an unwanted item seamless.
As for the combined trophy total for the epic code sprint? A cool $73k.
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