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23.09.2015

UniCredit Appathon 2015 in Vienna:
Bank Austria calls upon FinTech scene

  • UniCredit Appathon is the first developer competition in Austria on themost innovative app ideas for the financial industry
  • Austrian programmers and web designers develope solutions for digital banking services
  • App developers have Bank Austria systems and interfaces available for the first time
  • Prizes for top three projects amounting to 18,000 Euros
  • UniCredit Appathon taking place simultaneously in Vienna, Milan and Munich

Banking in the future will increasingly be a mobile task using smart-phones – Bank Austria apps not only provide valuable information on the main banking services but also any and all account information, an unrestricted opportunity for transfers, securities trading and contact with relationship managers. So MobileBanking with apps for iPhone, Android and Blackberry devices presents a key pillar for SmartBanking at Bank Austria, also including personal consultations by video call.

"Appathon 2015 confirms our willingness to challenge our knowledge, to keep on learning and our commitment to maintaining an edge in banking innovation. These are the focus of our forthcoming IT plan and will be at the center of all UniCredit business structures," said Paolo Fiorentino, COO and Deputy CEO of UniCredit, explaining the motivation of his company to organise an event like the UniCredit Appathon.

Helmut Bernkopf, Member of the Bank Austria Management Board for Commercial Banking, adds: "We are seeing a rapid increase in MobileBanking,which goes hand-in-hand with the increased use of smart-phones among our customers. Today roughly 760,000 of our customers already handle their banking business online, for whichmore than 250,000 actively use MobileBanking. Among mobile users we expect to see an increase to 350,000 active users in the coming years based on the growth rates so far. It is therefore essential for us that our apps really offer advanced access to digital banking services with the utmost in user friendliness. And to be able to keep our finger permanently on the pulse in this respect we are inviting the most innovative FinTech and app developers in Austria, Germany and Italy on 7 and 8 November 2015 to develop the best ideas for future financial service apps together at the first international UniCredit Appathon."

The aim of the UniCredit Appathon 2015 is to present trends and development paths for digital financial services and develop innovative ideas for solutions and apps. This is why Bank Austria is inviting these creative minds to the UniCredit Center at Kaiserwasser.

24 hours of looking into the future of banking
Digital visions regarding the future of banking will be created simultaneously in Austria, Germany and Italy for the first time. The participants have twenty-four hours to turn their project ideas into apps and solutions for wearables, like smart-watches for example. They will also be able to test their solutions and app ideas in a realistic IT environment using selected technical interfaces of the Bank (API/Application Programming Interface) for the first time, and present them to the jury. The participants can choose between three topic areas: "Target Savings –Wealth Planning", "Asserts under (Self)-Management" or "Customer Centric Wallet".

Networking with the international digital community
"At Bank Austria we respond proactively to changed customer behaviour, and as the leading bank in the country for corporate and private customers we are already thinking today about the ways and channels we can use to give our customers access to our services in the future", said Andreas Teischl, Head of IT and Security Management at Bank Austria. "Events such as the UniCredit Appathon 2015 give us an opportunity to network with the digital community and be inspired by innovative ideas. UniCredit’s international network offers a chance here for international exchange."

Attractive prizes for the winners
Bank Austria will choose the individuals or teams fromall the Austrian registrations made between 21 September and 18 October who may participate in the UniCredit Appathon 2015 in the UniCredit Center at Kaiserwasser on 7 and 8 November.

At the end of this event, the best ideas on apps will be evaluated and recognised by a high-calibre jury from the financial and economic world.

Bank Austria is putting up a total prize fund of EUR 18,000 for the best three ideas in Austria. There are also special awards from partners and sponsors. As a global partner, Value Transformation Services is supporting the Unicredit Appathon 2015 in all three countries.

Data at a glance

  • Who:

Up to 100 creative programmers,Web/UX designers, data andmarketing specialists, FinTech experts – either as individuals or as a team

  • When:

7-8 November 2015

  • Where:

UniCredit Center at Kaiserwasser, Eiswerkstrasse 20, 1220 Vienna

  • What:
    • 24 hours to develop ideas, concepts and prototypes for one of the set challenges.
    • App development with access to API (Application Programming Interface) of UniCredit Group for the first time
    • Prizes for top 3 projects amounting to EUR 18,000

 

All the information on the Austrian side of UniCredit’s Appathon 2015 can be found here: http://www.appathon.at

Interested teams and individuals can register until 18 October 2015.

Further information on the event can also be found on socialmedia channels:
- Twitter: @Bank_Austria / Hashtag #Appathon2015
- Facebook: https://www.facebook.com/BankAustria

Enquiries:
UniCredit Bank AustriaMedia Relations
VolkerMoser, Tel.: +43 (0) 5 05 05-52854;
E-mail: volker.moser@unicreditgroup.at