RBI to organise its first global hackathon with theme 'smarter digital payments'

Mumbai: Reserve Bank of India has announced its first global hackathon 'HARBINGER 2021 - Innovation for Transformation' with the theme 'smarter digital payments'. Registration for the hackathon starts from November 15.

For the Hackathon, RBI invites participants to identify and develop solutions that have the potential to make digital payments accessible to the under-served, enhance the ease of payments and user experience,



while strengthening the security of digital payments and promoting customer protection.

Ideas have also been sought for innovative, easy-to-use, non-mobile digital payment solutions for converting small-ticket cash transactions to digital mode; alternative mechanism for digital payments; and social media analysis monitoring tool for detection of digital payment fraud and disruption.