Hong Leong Bank (HLB) is calling all budding disruptors to join its ‘Can You Hack It’ Virtual Hackathon ASEAN Edition 2021 to find and co-create Innovative solutions focused on Environmental, Social and Governance (ESG).
This virtual hackathon aims to get creative ideas and unique solutions on how people in the region interpret ESG and how technology can be leveraged to improve digital banking products, services and experiences.
‘Can You Hack It’ allows participants to propose their ideas by solving problem statements provided by the Bank, coding and validating them, and then showing a working prototype to a panel of HLB executives and digital and FinTech players.
With the focus on ESG, this year’s problem statement categories include community banking, community investment, climate-positive financing, socially responsible business and financial literacy.
Teams are expected to use the likes of big data, artificial intelligence (“AI”), blockchain, machine learning and machine vision to tackle the problem statements.
Shailesh Grover, Chief Digital Innovation Officer of HLB said,
“We want to take full advantage of technologies like AI, machine learning and big data analytics to better generate and analyse ESG data. This will allow us to gain deeper insights to measure, track and continuously improve our “green quotient” for all things finance.
“Hence, we invite anyone across the region who want to identify solutions, new business models and opportunities relating to ESG in co-creating sustainable digital banking and finance.”