Are you ready to take the world of digital payments by storm and make a real impact? We're inviting the best and brightest minds with expertise in Digital Identity, Financial Crime, Data Analytics, Information Security & Quality Assurance to join us for the PayHack 2023 24-Hour Hackathon on 27 & 28 May 2023 at the Asia School of Business in Kuala Lumpur, and develop new and innovative solutions to accelerate the digital payments ecosystem in Malaysia.
Sign-up before 22 May 2023. This event is part of the PayNet Digital Payments Week 2023.
The Benefits
While discovering innovative new solutions is great, and hacking up a prototype over the weekend feels amazing, opportunities to implement these solutions or turn it into a business is way more exciting. Here are some of the many benefits of joining this hackathon:
Networking Opportunity
Great networking opportunity with industry experts and professionals from PayNet and the Malaysian fintech ecosystem.
Career Opportunity
A great platform to showcase your talents in tech or business so that you may win a job opportunity with PayNet Group, or within their ecosystem.
Cash Prizes
We always aim to attract talents who are passionate about innovation, but cash prizes just make it better. A great way to reward great talent and ideas.
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Your Challenges
Here are the 4 challenges we have prepared for this hackathon. You can pick any 1 challenge to solve, or incorporate more than one if it's relevant to your project. Please take note that you don't have to solve all 4 challenges provided below.
Challenge 1: Security & Fraud
How might we address pressing security issues related to e-KYC, secured authentication, identity theft, payment fraud, or e-payment security in general?
Challenge 2: Efficiency
How might we optimise or improve performance of digital payments via increased automation, technological improvements or better use of human capital?
Challenge 3: Sustainability
How might we directly contribute towards environmental conservation or any of the Sustainable Development Goals 2030 through the digital payments space?
Challenge 4: Financial Inclusion
How might we expand access to e-payment services in underserved areas or communities, or create solutions to validate such areas or communities are served?
The Prizes
Champion - RM20,000
Cash, Trophies & Winners Certificates.
2nd Prize - RM15,000
Cash, Trophies & Winners Certificates.
3rd Prize - RM5,000
Cash, Trophies & Winners Certificates.
Consolation - RM1,000
Cash & Winners Certificates each for 4th - 10th teams.
Special Awards
Special awards and giveaways during the hackathon.
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How It Works
Application
Apply as a Team (3-5 pax) by filling up the application form. All participants, both professionals and students will compete in the same hackathon track.
Due 22 May 2023
Pre-Hack Briefing
Only selected teams will be invited to join the physical event. There will be a virtual Pre-Hack Briefing on 24 May for all selected teams to prepare for the main event.
24 May 2023
24-Hour Hackathon
The Physical Hackathon will begin on Saturday at 8.00am with the full details to kickoff your projects, ending with the Grand Finals demo day on Sunday.
27 & 28 May 2023
Frequently Asked Questions
You need to fill up the official application form with your full team details and introduction. Only selected teams will be invited to join.
Yes, you need a team. You can have a minimum of 3 or maximum 5 members in a team, including at least 1 coder.
You can, as a Team, but make sure you have at least 1 coder in your team so that you can build and submit a working prototype.
Yes, as long as you have a valid Malaysian PR or Work/Student visa, and you are currently based in the country.
No, PayNet employees and affiliates are not eligible to participate in this Hackathon.
Yes, the entire team is REQUIRED to attend the physical event in Kuala Lumpur on 27 - 28 May 2023.
This is a 24-Hour Hackathon so teams will be expected to work at the venue overnight. Bring your own sleeping bags or pop-up tents if you need to take power-naps! We will provide a suitable space.
Yes! We will provide full meals, freeflow snacks and beverages to ensure you can complete your projects within 24-hours!
You are required to build an application to solve one of the 4 Challenges above. You will need to demo a working prototype during the hackathon.
None! This programme is completely free for all eligible Participants. The organisers will take care of everything to ensure you have a great hackathon experience.
The Physical Hackathon begins on Saturday, 27 May at 8.00am and ends on Sunday, 28 May. The Grand Finals demo day will be on Sunday.
We want to see highly innovative solutions, practicality, functionality, good design and also evaluate the technical ability of the team members to execute the projects.
The teams will be required to submit your projects via cloud storage, and demo your projects live to our panel of judges at the venue.
You can follow all the updates on JomHack's Facebook Page. We will be sharing latest updates and announcements there. Or contact us at [email protected]
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Ecosystem Partners
