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Reserve Bank of India launches its Third Global Hackathon – HaRBInger 2024

Harbiger 2024

Reserve Bank is organising its third global hackathon – ‘HaRBInger 2024 – Innovation for Transformation’. The Hackathon invites participants to develop solutions using technology and innovative approaches under the following themes and problem statements:

Theme 1: “Zero Financial Frauds”
i. Real time prediction, detection and prevention of frauds in financial transactions using alternate sources of data including publicly available information.
ii. Ensuring transaction anonymity in token-based (CBDC) transactions while maintaining financial system integrity.
iii. Identifying mule bank accounts/ payment wallets.

Theme 2: “Being Divyang Friendly”
iv. Accurately identifying banknotes by visually impaired.

Being part of HaRBInger 2024 gives an opportunity to the participants to get mentored by industry experts and exhibit their innovative solutions before an eminent jury and win exciting prizes under each problem statement.

Sl. No.

Category

Amount

I.

Winner across each problem statement

INR 40 lakh

II.

Special prize to the best ‘all woman team’ (a team comprising of only woman members’), across all the four problem statements

INR 20 lakh

III.

Stipend per team shortlisted for solution development for meeting the cost of development of prototype

INR 5 lakh

 

Registration for HaRBInger 2024 starts from June 07, 2024. More details about the event are available at link.

 

(Puneet Pancholy)     
Chief General Manager

Press Release: 2024-2025/462

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