//

From a system to enable financial transaction through messenger app, to a shared restaurant billing arrangement

After a two-day event held on April 23-24 at Segarra Ancol, Finhacks (Financial Hackathon) 2016 #HackByTheBeach came up with three winners who had showcased their best innovation. Fariz Tadjoedin won the first prize of IDR59 million (US$4,400) cash and an Oculus Rift, AMBISNIS team won the second prize of IDR35.9 million (US$2,700) and a DJI Panthom 3, while ATOM team won third prize of IDR15.9 million (US$1,100) and a GoPro Hero 4.

As the first winner, Fariz Tadjoedin presented a unique innovation. Considering the popularity of chatting app in today’s society, he presented a system that enables users to perform financial transaction through the app. The concept is similar to SMS banking. The solution is being called ChatBanking, and it allows Line, WeChat, KakaoTalk, SnapChat, Telegram, even Facebook Messenger user to send money or do any other transaction.

In the future, Tadjoedin wants to ensure that the system will be integrated to various services, such as electric billing. So that the system will send automatic reminder to users, enabling them to directly pay by typing certain code in the app.

The runner-up, AMBISNIS team, developed an app called GueBayar (“I’ll Pay”). The app was inspired by a problem that is often experienced by youths, particularly students and office workers, when they are about to pay bills in restaurants, cafes, or similar setting. Often one person has to act as a coordinator who gather all the money from everyone in the group, where he also have to look for small changes, see if everyone had already paid their share, and various other pain points.

AMBISNIS team conducted a small survey around the neighbourhood of Bandung Institute of Technology (ITB) and found out that 498 out of 516 respondents agreed that it is indeed a problem. Finhacks 2016 will be a momentum for AMBISNIS to solve this issue by introducing GueBayar, which works in a very simple way. To pay for a restaurant bill, users only have to log in to the app and look for the ‘add billing’ menu. Then users take photo of the bill they want to share. After that, the app will detect purchases on the bill and users will be able to tag the purchases the way they tag photos on Facebook. Notifications for the next process will then be given.

Also Read: Look this way, fintech startups – PayPal launches incubation programme in Singapore

Third winner ATOM developed an app called InstaPay. The ATOM team had a vision to make life better for individuals and corporations to send or pay invoices online, without needing any paper, through an app integrated to BCA’s e-wallet feature.

The three winners were determined by a panel of judges consisting of Andrew Darwis (Founder, Kaskus); Axel Grosse (Axway API Lead); Edward Chamdani (Managing Partner, Ideosource); Anton Soeharyo (CEO & Founder, TouchTen); Razi Thalib (CEO & Founder, Setipe); Batista Harahap (CEO, Coral); Rama Mamuaya (CEO & Founder, DailySocial); and Tommy Dian (CTO, DailySocial).

BCA President Director Jahja Setiaatmadja was also present during the event.

“Today, we are grateful to have managed to finish the Finhacks 2016 successfully, from discussion stage to meeting with IT communities to the semifinal stage. Finhacks 2016 had also found its best apps. We believe that the chosen winners from this competition will contribute greatly to the advancement of e-wallet technology for the customers. The innovation will make it easier to fulfill the need for safe and convenient transcation,” he said.

The Finhacks 2016 event called for local innovators and software developers to create digital payment solution. Using API Data released by BCA, the output is expected to bring greater efficiency in the digital and e-commerce growth era.

—

The article Inilah 3 Aplikasi Pemenang Finhacks 2016 #HackByTheBeach was first published on DailySocial

The post Here are the 3 winning apps in Finhacks 2016 #HackByTheBeach appeared first on e27.

from e27 http://ift.tt/1X9YM3v