FSS launches FSS Payments Productathon with INR 500,000 Cash Prizes

FSS Payments Productathon, an exclusive contest inviting ideas and solutions from tech and non-tech minds to enhance customer experience and encourage them to go cashless.

Chennai, January 2, 2017: FSS, a Payments & Fintech leader announced the launch of FSS Payments Productathon, an exclusive Payments focused contest for both tech and non-tech minds.

FSS Payments ProductathonHosted by FSS in association with NASSCOM and TiE, Chennai, the contest is aimed at fostering innovative and disruptive ideas from Developers, Entrepreneurs, Banking & Finance Industry Professionals and Students to simplify payments and go cashless.

An online contest, participating teams will compete to provide innovative ideas and solutions demonstrating their coding and design skills, to address the existing payment challenges. Participants will be presented with multiple themes like IoT, Smart Cities, Mobility, Cloud Payments, BoT / AI, Blockchain, Cash & Cardless World – all focusing on driving innovation in payments that will enhance customer experience and encourage them to go cashless.

The contest will be run online for a period of twelve weeks during which, winning ideas would be chosen and the teams will be mentored by a panel of payments technology experts to better their ideas / solutions. At the end of twelve weeks, top ten finalists would be invited to present their ideas to an eminent jury at a Grand Finale event held that will be held at Chennai.

Winning teams will be awarded cash prizes of up to INR 500,000/- and an opportunity to further develop their idea / solutions along with FSS.

“As the leading payments technology provider to Banks and Financial Institutions across the globe, we are constantly working towards solving existing payments challenges faced by our clients. We have launched this unique contest with Payments as the focus and have thrown it open for both tech and non-tech teams, so that we get innovative and disruptive ideas from fresh young thinkers and domain experts. We encourage anyone and everyone who has a smart idea / solution to participate and to create next generation Payments,” said, Mr. Suresh Rajagopalan, President – Software Products, FSS.

For more information on FSS Payments Productathon including rules, eligibility, judging criteria and prizes, please visit http://fss.paymentsproductathon.com.

About FSS:

Financial Software and Systems (FSS) is a leader in payments technology and transaction processing, offering a diversified portfolio of software products, hosted payment services and software services built over 25 years of comprehensive experience across payments spectrum.

FSS, through its innovative products and services, caters to the wholesale and retail payments initiatives of leading banks, financial institutions, processors, merchants, governments and regulatory bodies. Its end-to-end payments suite powers retail delivery channels such as ATM, PoS, Internet, Mobile and Financial Inclusion as well as critical back-end functions such as cards management, reconciliation, settlement, merchant management and device monitoring.

Headquartered in Chennai, India, the Company services 100+ customers across the globe, which include leading public and private sector banks in India and some of the large Banks, FIs, Processors and Prepaid Card issuers are customers of FSS across North America, UK/Europe, ME/Africa and APAC and has a team of over 2000 experts serving the clients across the globe.

For more info visit www.fsstech.com

For editorial queries, contact:  Sandhya Raman @ sandhyar@fss.co.in  / corpcomm@fsstech.com