Financial services, Technology

Emirates NBD challenges UAE’s brightest young minds

Over 250 developers and tech enthusiasts from the Google Developers Group (GDG) and coding communities in the UAE and MENA region took part in an exciting 18-hour Codeathon, organised by Emirates NBD.

The event which took place recently was held at In5 Innovation Center, Dubai Internet City, and was part of DevFest UAE 2018.

Building on Emirates NBD’s commitment to drive innovation in the financial services industry, the Codeathon saw participation from among the brightest young minds in the growing field of digital technologies. Participants were mentored by experts from the bank to develop a diversity of breakthrough solutions that addressed challenges spanning a range of themes including Artificial Intelligence (AI), Quantum Computing, and Cyber Security.

Abdulla Qassem, Group Chief Operating Officer at Emirates NBD, said, “Emirates NBD is well positioned to harness disruptive innovation and emerging technologies to offer its customers unparalleled banking services. The Codeathon provided us with a platform to engage with technology experts from within and beyond the financial sector and gain greater insight on new technologies, techniques and ideas to address challenges.”

He added, “We have been very impressed by the quality of solutions generated at the Codeathon in such a short time span. The determination and team spirit demonstrated by all participants is testament to the budding talent in the UAE and the region.”

The top three winners were picked by a panel of judges comprised of Google Experts and Emirates NBD executives. Judging scores were based on four main criteria including business value, degree of innovation, technical approach and time to market.

The first, second and third prize winners received AED 25,000, AED 15,000 and AED 10,000, in cash, respectively, in addition to the opportunity to bring their ideas to life at Emirates NBD.

Evans Munyuki, Chief Digital Officer at Emirates NBD, said, “We will continue to seek creative ways to help support the development of the bank’s digital and IT transformation, enabled by our Group CIO, Miguel Rio Tinto. Open innovation lies at the core of Emirates NBD’s digital strategy. We have been collaborating with different stakeholders including FinTechs, universities and staff to foster an innovative culture that inspires new business developments and services with the objective to better meet customer needs.”

DevFest UAE 2018, the largest annual Google Developers Groups (GDG) tech event in the UAE, is a two-day event that provides an opportunity to connect and learn all about Android, Web and Cloud from Emirates NBD, Google and world experts. This year’s event included workshops and panel sessions on a range of hot topics including G-Suite, Google Assistant, FinTech, and Artificial Intelligence, among others. The event was attended by the GDG community in addition to students from the OpenUAE initiative, in partnership with Emirates NBD.

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