RBS choose winners at new banking apps ‘hackathon’

Lighthouse team with Les Matheson

RBS have concluded a weekend which brought together computer coders, designers and business consultants from across the country for a competition to imagine, create and design innovative, new banking apps.

The event, known as a ‘hackathon’, started last Friday at the bank’s Gogarburn HQ in Edinburgh and attracted 100 people – the biggest event of its kind that RBS has ever held.

Throughout the weekend, 20 teams competed to build new apps which would make the most difference to the way people bank. The teams were made up of a mix of coders, designers and mentors so that a wide range of skills could be drawn upon to build the apps.

The winning team – known as Lighthouse from IBM – developed an app that would help people with dementia manage their money safely by only making funds available in their account within certain locations.

The two runners-up, Microsavings a mixed team from RBS, Deloitte Digital and Microsoft and Pizza Crunch from Apigee, both developed apps that would help people better manage their money and that would alert customers to how much they’d spent if they were at risk of going over their savings limit. The winning team and runners up were chosen by a panel of judges from the bank and they shared prizes of Apple Watches, Garmin Watches and GoPros.

Whilst the apps were created in a test environment only, the winners will be given the opportunity to talk to the bank about whether some of their ideas could be made a reality.

Commenting, Les Matheson, RBS Personal and Business Banking Chief Executive said:

“We’re thrilled that so many people from across the country chose to join us for what was the biggest hackathon event we’ve ever held. We’re really excited about the potential of these events because they allow us to bring together small teams of people to test new ideas and think outside the normal constraints of every day office life. Some of the ideas generated from our hackathon were brilliant and I want to thank everyone who took part.”