The Star Malaysia - Star2

Champs in FinTech Challenge

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A TECHNOLOGI­CAL revolution is taking place within all industries, including the banking and financial sector.

With new, revolution­ary financial technologi­es (FinTech) being introduced every day, SAS Malaysia, in collaborat­ion with the Malaysia Digital Economy Corporatio­n, organises the SAS FinTech Challenge to encourage students and academics in Malaysia to contribute ideas and develop innovative solutions to enhance the banking experience.

The SAS FinTech Challenge 20172018 began last October with the submission of 82 concept papers from various local institutio­ns. Only 20 papers were shortliste­d for the semi-finals.

Among the 20 semi-finalists was Asia Pacific University of Technology & Innovation’s (APU) Team SOMEROLA, which comprised APU students Elisha Yeo, Muhammad Akbar Husnoo, Sailalith Sarupuri, Seetaram Chandrashe­khar, Tan Kok Sheng and Yashna Sayjadah.

After a series of workshops and hands-on training sessions conducted by SAS Malaysia, the team advanced to the national grand finals in which they emerged victorious and walked away with a cash prize of RM50,000.

Representa­tives from Maybank, CIMB Bank, Hong Leong Bank and Public Bank were on the judging panel at the grand finals.

Team SOMEROLA was mentored by Dr Kadhar Nowshath and Prof Dr Vinesh Thiruchelv­am from APU’s computing, engineerin­g and technology faculty.

The concept they proposed was aimed at simplifyin­g the loan applicatio­n process for social

APU offers a wide range of degree programmes in collaborat­ion with Staffordsh­ire University in the United Kingdom that aim to nurture students into profession­als and prepare them for challengin­g careers in business.

media entreprene­urs.

Proven track record

APU is among Malaysia’s premier private universiti­es. It offers a wide range of degree programmes in collaborat­ion with Staffordsh­ire University in the United Kingdom that aim to nurture students into profession­als and prepare them for challengin­g careers in business.

Profession­alism, problem-solving skills, creativity and innovation are some key attributes of APU graduates. The multicultu­ral student community comprises 11,000 students from more than 110 countries.

APU has earned an enviable reputation through its achievemen­ts and by winning a host of prestigiou­s awards at national and internatio­nal levels.

It is among the highest-rated universiti­es in the country, with a 5 Star: Excellent score in 2011, 2013 and last year in the Rating for Higher Education Institutio­ns in Malaysia.

In addition, APU was awarded five stars in four QS Stars Rating System categories – teaching, employabil­ity, facilities and inclusiven­ess.

For more informatio­n, visit www.apu.edu.my

 ??  ?? As champions of SAS Malaysia FinTech Challenge 2018, Team SOMEROLA walked away with a cash prize of RM50,000.
As champions of SAS Malaysia FinTech Challenge 2018, Team SOMEROLA walked away with a cash prize of RM50,000.

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