Mandy Pay Challenge
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About Us
Thank
you for your interest in Mandy Pay Challenge
As a steward of
the financial world, BNY Mellon is committed to powering individuals and institutions to succeed
in the global economy. In support of this purpose, BNY Mellon takes a hands-on and collaborative
approach towards new product development in order to accelerate speed to market. We collaborate
with the world’s best companies—from fintech to big tech—to deliver more capabilities for our
clients, allowing them to make objective choices and unlock their potential. As such, BNY Mellon
has now launched a new Accelerator Program to catalyze more opportunities to collaborate with the
brightest emerging technology companies from all around the world.
In search of
the best and brightest, BNY Mellon invites you to participate in the CONNECT20 Challenge to
showcase innovative solutions that address curated problem statements. Participating teams will
have the chance to be featured at the firm's annual FinTech partnerships event, CONNECT20, be
showcased to the Bank's marquee clients, and ultimately land a spot in BNY Mellon's Accelerator
Program.
This challenge
seeks to showcase cutting-edge technologies that aim to solve specific business challenges around
streamlining efficiency, eliminating manual processes and increasing the accuracy of data.
Problem Statements
Model of digital banking for emerging markets, allows every till
point in physical retail stores to be turned into cash in and out
points, and requires a significant number to be. Retailers already have
till point software most likely from a few big suppliers in each
requested market. Tyme has a code based transaction which can be
presented as either a QR code, or code string (numeric or alphanumeric),
which enables transactions in stores.The challenge is to enable the
Tyme code based transaction to be presented on as many of the standard
till point systems in the market using the existing APIs. Evidence of
transaction from token creation to acceptance and conclusion through
logs and reconciliation files produced by the integrator which can be
reconciled with the standard reconciliation files produced by Tyme
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AWARDS
$25,000 Champ
this is a test
Eligibility
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