Ingenico Group Announces Winner of Money20/20 Hackathon
October 24 2016 - 12:00PM
Business Wire
Ingenico Group (Euronext: FR0000125346 - ING), the global leader
in seamless payment, today announced team Kairos as the winners of
its Money20/20 Hackathon challenge. Tasked with developing new
commerce experiences using Ingenico Group’s in-store, online and
mobile SDKs, 450 developers created over 100 projects to compete
for a chance to win a number of different prize packages.
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Participants were given 24 hours to develop new solutions that
integrate with Ingenico Group’s next-generation payment terminals,
its online payment platform or its mobile point of sale (mPOS) card
readers. Developers were given access to Ingenico Group’s SDKs to
create new commerce experiences in one or more of these areas:
- Merchant or consumer-facing business
apps that run directly on Ingenico Group’s payment terminals
- Cross-border or domestic e-commerce
checkout experiences for web or mobile
- iOS or Android mobile apps to accept
card-present payment with Ingenico Group’s Moby/3000 Bluetooth mPOS
card readers
Candidates were judged based on the simplicity, creativity,
impact and design of their projects respectively. The grand prize
went to team Kairos, which developed an application that allows for
invisible multi-merchant payment processing on Telium TETRA smart
terminals. The example team Kairos gave during their pitch
highlighted the ability to pay for parking without needing to leave
a restaurant during dinner. The winning team was also able to
present their solution as part of Money20/20’s StartupPitch180
program that provides companies with a forum to showcase their
leading-edge innovation in front of an audience of investors, media
and other ecosystem participants.
Team Kairos was awarded the opportunity to fly around the world
for a six-night all-expenses paid trip to Europe, a $500 Amazon
gift card and a three-month mentorship from Ingenico Group’s
business experts to help launch their idea. They were also awarded
$5,000 in prize money as a top 10 winner by the Money20/20
Hackathon judges for their application.
In addition to team Kairos winning Ingenico Group’s challenge
and being named a top 10 winner, team hovershop, which used
Ingenico Group’s Telium TETRA and Ingenico Connect SDKs as part of
their contextual augmented reality shopping experience, was also
named a top 5 winner, earning them $20,000.
“We were impressed by the creativity and level of talent that we
witnessed during this year’s Money20/20 Hackathon,” said Michel
Léger, EVP Innovation for Ingenico Group. “Given today’s rapidly
evolving payments landscape, it’s important to provide developers
the access and resources to make the payments integration process
simple and effective. Ingenico Group is committed to providing
developers with these resources and we look forward to helping our
winners bring their innovative ideas to life.”
About Ingenico Group
Ingenico Group (Euronext: FR0000125346 - ING) is the global
leader in seamless payment, providing smart, trusted and secure
solutions to empower commerce across all channels, in-store, online
and mobile. With the world’s largest payment acceptance network, we
deliver secure payment solutions with a local, national and
international scope. We are the trusted world-class partner for
financial institutions and retailers, from small merchants to
several of the world’s best-known global brands. Our solutions
enable merchants to simplify payment and deliver their brand
promise. Learn more at www.ingenico.us or
twitter.com/IngenicoNA.
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Ingenico Group North AmericaMike Nourie, 770-298-1945External
Communications Managermichael.nourie@ingenico.com
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