MasterCard Masters of Code Hackathon Series to Crown $100,000 Global Winner
November 24 2015 - 09:00AM
Business Wire
Local Developers & Entrepreneurs from 12
Cities Set to Compete in San Francisco for the Grand Prize
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Developers from across the globe will compete for $100,000
during the MasterCard Masters of Code™ global hackathon grand finale in San
Francisco on December 4 and 5. The winning teams from each of the
12 regional events will take on a new challenge and battle each
other for the title of Masters of Code.
For the past ten months, the Masters of Code competition
traversed the globe – from Singapore to New York to Tel Aviv –
hosting regional weekend-long events that tasked the world’s top
coders, developers, designers and entrepreneurs to create new
consumer payments solutions featuring MasterCard APIs.
In the earlier rounds, winning solutions ranged from a price
protection assistant tied to doing social good, to a
parent-monitored credit card for kids, and even a coding game to
encourage women to join the tech industry.
During the San Francisco finale, the MasterCard Masters of Code
Champion 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
While in California, all winning regional teams will also enjoy
a MasterCard Priceless® Experience in Napa Valley and Silicon
Valley.
The San Francisco event will open with a welcome from
entrepreneur and New York Times best-selling author, Eric Ries. He
pioneered the Lean Startup movement, a new-business strategy which
maximizes a company’s potential by allocating and improvising their
resources as efficiently as possible.
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. The esteemed judging panel
will include:
- Michael Abbott, general partner at
Kleiner Perkins Caulfield & Byers
- Debbie Barta, global platform lead of
Simplify Commerce at MasterCard
- Dave Birch, director of Consult
Hyperion
- Kimberly Bryant, Pahara-Aspen Institute
fellow
- Jean-Louis Gassee, general partner at
Allegis Capital
- Ben Parr, author of Captivology,
partner at DominateFund
- Karen Pascoe, senior vice president,
User Experience at MasterCard
- Marc Verstaen, entrepreneur in
residence at Trinity Ventures
- Karen Webster, chief executive officer
at Market Platform Dynamics and PYMNTS.com
“We approached this series looking for the best developers and
that is exactly who we have found,” said Sebastien Taveau, chief
developer evangelist, MasterCard Open API. “At MasterCard, we
opened our APIs to see what they are inspired to create next and
promote financial inclusion globally.”
The global finalists include:
- Sydney, Cointr: a digital piggybank
that allows consumers to save by automatically “depositing” their
coin change
- Hong Kong, Master Your Card: a
parent-supervised children’s credit card designed to help develop
responsible money management
- Singapore, One Small Step:
coding-centric games to help Southeast Asian women with a better
understanding of the technology around them
- São Paulo, Bolsa Capital: an online
“exchange market” to buy and sell MasterCard merchants
receivables
- Tel Aviv, weBUSKING: an online talent
show forum that allows viewers to pay the street performer
directly
- Mexico City, Knowhere: a system to rent
out parking spaces in people’s driveways while they are at
work
- San Francisco, Dave: recuperates
previously unavailable personal price protection refunds to enable
charitable donations
- Montreal, FareShare: a simplified
expense-sharing solution based on purchase history API
- Istanbul, Mobil Bayi: a solution to
load money and game credits on any NFC-based card
- St. Louis, FanFare: a one-stop resource
to match event and nightlife recommendations based on a consumer’s
favorite teams and musicians
- New York, Pay Butler: a
voice-controlled service to help the disabled or illiterate manage
everyday bills and payments
- London, All of Us: a solution to make
it easier to share transit-related expenses
For more information about the MasterCard Masters of Code
competition including rules, judging criteria, prizes, etc., please
visit www.MastersofCode.com.
About MasterCard
MasterCard (NYSE:MA), www.mastercard.com, is a technology
company in the global payments industry. We operate the world’s
fastest payments processing network, connecting consumers,
financial institutions, merchants, governments and businesses in
more than 210 countries and territories. MasterCard’s products and
solutions make everyday commerce activities – such as shopping,
traveling, running a business and managing finances – easier, more
secure and more efficient for everyone. Follow us on
Twitter @MasterCardNews, join the discussion on the Beyond the
Transaction Blog and subscribe for the latest
news.
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Media:MasterCardBrian Gendron,
914-325-1799brian_gendron@mastercard.comorAccess
CommunicationsKaylin Slakey, 415-844-6234Kslakey@accesspr.com
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