HDFC Bank announces winners of Digital Innovation Summit

Srinagar: HDFC Bank on Thursday announced five winners of the Digital Innovation Summit. The winners are from artificial intelligence, marketing, quality assurance, and payments (both mobile and biometric) domains.
These start-ups get a chance to deploy their products in the Bank, post further evaluation on technical, business, security, and compliance parameters. The winners are: Senseforth Technologies Bengaluru, Tagnpin Gurgaon, Net Vigil Software Mumbai Bugclipper Technologies Mumbai, Tapits Technologies Indore.
Nitin Chugh, Country Head, Digital Banking, HDFC Bank said: “We are not just encouraging but also embracing disruptive innovation in the FinTech space in the country. The Digital Innovation Summit is a platform to nurture the spirit of innovation and enterprise. The Innovation Summit has thus created a win-win situation for the Bank as well as the FinTech startups. The engagement with these companies gives the Bank access to the latest technologies and products to further enhance customer experience.”
In the first-of-its-kind event in the BFSI space in the country, HDFC Bank’s Digital Innovation Summit received more than 100 entries from start-ups from all over India. 30 start-ups were shortlisted to make presentation to the jury comprising senior management from digital banking, branch banking, marketing, IT, e-commerce and cards. The short listed start-ups were from diverse domains: payments, mobile innovation, analytics, cloud and compliance.