OPEN FINANCE BEYOND PSD2

VIRTUAL | 25 - 29 September 2023

OPEN FINANCE BEYOND PSD2

VIRTUAL | 25 - 29 September 2023

Let's make open banking blossom

Teams from the CEE are challenged to develop real-world use-cases utilizing the API testing environment and partners in three main areas, with some subcategories proposed, but not exclusive.

Happening between 25 - 29 of September, OBH will concentrate on the new PSD3, recently launched by the European Commission, having our mission in being part of the revolution of the modernization of payment services and opening financial services data.

Let's make open banking blossom

Teams from the CEE are challenged to develop real-world use-cases utilizing the API testing environment and partners in three main areas, with some subcategories proposed, but not exclusive.

CHALLENGES

OPEN FINANCE BEYOND PSD2

CEE fintech teams are invited to build value creation open banking applications in a post PSD2 period and a PSD3 following days. Imagine going forwards PSD2 and bring even more innovation to the banking ecosystem, alongside more openess for the customers.

INDIVIDUALS

personal finance management applications; robo-advisory for increasing financial health; increase financial inclusiveness; next level payment solutions

BUSINESS

optimizing treasury management for corporates; smart financial management for SMEs; cross border FX hedging for corporates; bulk payments scenarios over payment initiation

IOT

using wearables to manage financial life; automotive software applications; smart cities

PRIZE

MEET THE EUROPEAN FINTECH ECOSYSTEM IN THE HEART OF FINANCE ★ LUXEMBOURG ★

The winning team will have the chance to fast forward their business by visiting the European Fintech Innovation Capital – Luxembourg and experience 3 days full of activities alongside Luxembourg House of Financial Technology:

meetups with the most important actors in the fintech sector;

3 days full of activities related to business development;

3 plane tickets and accommodation covered;

“

OBH was exactly the opportunity we were looking for to explore, experiment, and improve our product. It was great to see so much support for open banking innovation in the industry, both when it comes to feedback and availability for further collaboration. We hope this is only the first step towards making finance more accessible to everyone.
Dan Cobeanu - ProxyCash, Romania2021 Grand Winner

“

OBH highlighted aspects of banking I wasn't aware were open to disruption. It made me rethink certain concepts and gave us the opportunity to innovate. There is not much more to ask from a hackathon. Thank you for the well-organized event!
Kristiyan Stefanov - Dry Cash, Bulgaria2021 Special Prize Winner

“

We thoroughly enjoyed and learned very much from OBH. The event was well organized and the mentors and judges were experienced individuals with high quality input. The event also gives you access to techcelerator programs and potential partnerships with influential people in the banking and fintech environment.
Dennis Phieros - ElucidateAI, Cyprus2021 Participant Team

“

Great experience that helped us find a good solution for our product. The mentors were helpful and had clear feedback that pushed us in the right direction to make our product specifications clearer and more engaging.
Cami Rafiliu - FormApps, Romania2021 Participant Team

“

OBH drove us to launch TimedFX as a business. Our experience was fantastic, a very well organized event. The mentoring sessions were extremely valuable in consolidating ideas, improving presentations and helping us understand the many common roadblocks we would be likely to hit.
Shaun Daley - TimedFX, Czech Republic2020 Grand Winner

“

The hackathon was a very pleasant experience! We had fun and learned a lot from the interactions and open discussion with mentor and participant. This helped us a lot in working through our idea and defining it better. It was a great opportunity to meet new people and help our team collaborate better.
Alexandru Martiniuc - Spevialk, Romania2020 Runner-up Prize

“

I am incredibly excited by the projects OBH has uncovered and I believe that each year can bring even more interesting projects in the spotlight. OBH is a launching pad for early stage projects and a first step toward a collaboration with financial institutions and relevant fintech players.
Cosmin CosmaCo-Founder and CEO of Finqware

The 1st Edition

PSD2 went into full effect on 14 September 2019. At this historic moment we decided to launch a hackathon specifically for open banking.

The 2nd Edition

As the pandemic kept us housebound, OBH went online & regional to the entire CEE, for one full week of mentoring, developing and building.

The 3rd Edition

As the banking industry continues to develop rapidly, the Eurovision contest, aimed at fintechs in the CEE, has returned to pave the road.

The 4th Edition

Amid the recovery efforts after the pandemic, OBH established a hybrid organization for the purpose of reaching as many countries in the CEE as possible.