JS Bank launches open banking API at Hackathon

LAHORE: JS Bank is partnering with Pakistani tech startup Remotebase to launch an open-banking API at the Remotebase Hackfest, Pakistan's largest hackathon. Remotebase Hackfest, powered by JS Bank and co-hosted by Ejad Labs, will be a coding event like no other.

JS Bank is all set to incorporate the digital revolution in the banking industry with the primary goal to deliver a pioneering customer experience through the use of technology by empowering the tech-driven culture.

As specified by Noman Azhar, CDO of JS Bank: "Remotebase Hackfest intends to build a stage to encounter challenges and learn from them, to explore advancement of technology that encourages digital revolution, and to transform the future of banking, all while promoting entrepreneurship. JS Bank intends to support their efforts and help them achieving the heights."

The prize pool alone is over PKR 2,500,000, along with prizes such as FAANG mentorships, iPhones, and MacBooks. Along with the first, second, and third prizes, there are multiple award categories such as Best Designed Project, Most Functional Project, Best Written Code, Audiences' Choice, and Investors' Award.

Partakers will code, deploy and pitch their idea to judges, speakers, and venture capitalists from all over the world.

JS Bank will present three of the many stimulating and comprehensive challenges for participants based on open-banking API.