The UBS Future of Finance Challenge is looking for new ideas in the banking sector

0

As the financial industry faces disruption and rapid technology change, UBS seeks to further progress by searching for solutions. So it has just launched The UBS Future of Finance Challenge – an open competition for entrepreneurs and technology startups around the world.

UBS is committed to providing private, institutional and corporate clients worldwide, as well as retail clients in Switzerland, with superior financial advice and solutions while generating attractive and sustainable returns for shareholders. UBS is looking for innovative and potentially disruptive technological ideas and solutions that will support the transformation of the banking industry. Ideas should cover four challenges, that banks are currently facing: delivering the ultimate client experience, offering superior products, building an efficient operating model and ensuring security in banking.

The UBS Future of Finance Challenge will be delivered in collaboration with several of the leading Fintech crowd-working and accelerator spaces including Level39 and JFDI.Asia, as well as the innovation agency 100%Open.

Rewards for the regional and global finalists include cash prizes and acceleration opportunities worth over USD $300,000 and over 300 hours of dedicated coaching and mentoring from UBS experts and partners.

Entries should be submitted here. The deadline for submissions is September 23, 2015.

  • Participants will be divided into 4 regions: Asia-Pacific (including Japan and Australia), EMEA (Africa & Western Europe), EMEA (Central and Eastern Europe, Middle East & Russia) and Americas.
  • A maximum of 15 participants per region will be shortlisted to attend Immersion Workshops in either Singapore (November 2 & 3), London (November 5 & 6), New York (November 9 & 10) or Zurich (November 12 & 13).
  • Three regional winners from each region will be selected to do a Final Pitch at the Global Final to be held in Zurich on December 10, 2015.
  • All participants must attend the Immersion Workshops / Global Final in person.