MasterCard’s global hackathon will hold its grand finale in San Francisco on December 4 and 5. The Masters of Code competition will include the winning teams from each of the 12 regional events.
Developers from across the globe will compete for $100,000 grand prize.
For the past 10 months, the Masters of Code competition traversed the globe – from Singapore to New York to Tel Aviv – hosting regional weekend-long events that tasked 3,000 of the world’s top coders, developers, designers and entrepreneurs to create new consumer payments solutions featuring MasterCard APIs.
During the San Francisco finale, the winners will receive $100,000 and dedicated resources to develop and commercialize their innovation, including:
• One week at the next MasterCard Start Path boot camp in Singapore
• Six months of mentoring from a member of the MasterCard Open API executive team
• Free payment processing for up to $250,000 in transactions for the first 12 months using Simplify Commerce
The global finalists include:
• London, All of Us: a solution to make it easier to share transit-related expenses
• New York, Pay Butler: voice-controlled service to help the disabled or illiterate manage everyday bills and payments
• Louis, FanFare: one-stop resource to match event and nightlife recommendations based on a consumer’s favorite teams and musicians.
• Istanbul, Mobil Bayi: solution to load money and game credits on any NFC-based card
• San Francisco, Dave: recuperates previously unavailable personal price protection refunds to enable charitable donations
• Mexico City, Knowhere: a system to rent out parking spaces in people’s driveways while they are at work
• Tel Aviv, weBUSKING: online talent show forum that allows viewers to pay the street performer directly
• São Paulo, Bolsa Capital: an online “exchange market” to buy and sell MasterCard merchants receivables
• Singapore, One Small Step: coding-centric games to help Southeast Asian women with a better understanding of the technology around them
• Hong Kong, Master Your Card: a parent-supervised children’s credit card designed to help develop responsible money management
• Montreal, FareShare: simplified expense-sharing solution based on purchase history API
• Sydney, Cointr: a digital piggybank that allows consumers to save by automatically “depositing” their coin change
While in California, all winning regional teams will also enjoy a MasterCard ‘Priceless Experience’ in Napa Valley and Silicon Valley.
At the end of the two-day hackathon, the winning team will be evaluated on their innovation’s impact, design, creativity, simplicity and usage of MasterCard APIs.
For data, background and forecasts on Masters of Code: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).