challenges.adb.org Open in urlscan Pro
13.39.214.117  Public Scan

Form analysis
0 forms found in the DOM

Text Content

By clicking on "Accept", you agree to the use of cookies or other tracking
devices to improve site navigation, analyze site usage, and support our
marketing efforts. Click here to read our Privacy Policy.

Audience monitoring
Social media
Marketing
Select all
Cookie settings Decline all Accept all

Platform

 * Home
 * CHALLENGES
 * SOLUTIONS
 * helpHelp and support

My account

 * Create an account
 * Log in

menu
ADB Challenges
 * CHALLENGES
 * SOLUTIONS

 * Create an account
 * Log in

 * Notifications settings

 * No notification
   
   View more notifications


ADB PAY


PROVIDE ADB EMPLOYEES WITH DIGITAL WALLETS TO MAKE FAST AND CONVENIENT CASHLESS
TRANSACTIONS WITHIN THE BANK AND BEYOND.

group

Teams of
1 - 5 people

shareShare
 * 
 * 
 * 
 * 
 * account_box

 * Sa
 * Bh
 * Ha

Sarah Cotgreave, Bhaumik Shah, Hardik Vaghela and others are enlisted in the
challenge

shareShare
 * 
 * 
 * 
 * 
 * account_box

ADB Pay

chevron_leftMore
Previous
Morechevron_right
Next
 * Brief
 * Challenge Result
 * Teams
 * Rules


REDEFINE THE PAYMENT EXPERIENCE


FOR ADB STAFF

 
CAN YOU AND YOUR TEAM BUILD A MODERN CASH PAYMENT SOLUTION FOR ADB EMPLOYEES?
 


Are you ready to revolutionize ADB’s staff payment interactions? This is your
chance to work on a digital wallet solution that will change the way we make
purchases, transfer funds and earn points within the bank and beyond. 

We are looking for startups, students and the general public all across the
world to propose ideas and present solutions on how to tackle this challenge.

ADB wants to provide better user experience to a multicultural workforce in ADB
who deal with the inconvenience of carrying cash to transact in the Philippines
or abroad.




WHY JOIN THE CHALLENGE?

 

This is a great opportunity to be part of the driving force of
the FinTech world! All 5 Finalist Teams will be rewarded with a sponsored trip
to Manila, Philippines to participate in an in-person 2-day Hackathon from
August 31st to September 2nd!

 

And they will stand the chance to... 

 * Win up to US$10,000 Seed Funding!
 * Access to networking opportunities with ADB development practitioners
 * Visibility for your team and project in an international conference
 * Get some exposure and insights into technical assistance, grants, and equity
   investments
 * Develop a proof of concept collaboration
 * Industry renowned Awards

 



CONTEXT

ADB employees currently use a closed-loop cashless payment system that allows
them to purchase goods from vendors within the ADB Food Services outlets. To
date, there are less than 200 users, and at a time of active promotions, it
reached beyond 300 users.

Around 5000 staff/contractors/consultants/dependents/visitors mostly use cash
for their daily transactions. There are about 40 food services, laundry, courier
and other merchants in ADB HQ that can use the future innovative payment
solution.

 

HOW CAN YOU ENCOURAGE STAFF, CONTRACTORS, CONSULTANTS, DEPENDENTS AND VISITORS
TO USE MORE DIGITAL SOLUTIONS? 

 


 


HOW CAN YOU REDEFINE THE PAYMENT EXPERIENCE FOR ADB STAFF

 
 ADB is looking for bold ideas on digital payment systems.
To start off, we have listed below a few requirements that should or could be
met.
 
 


 THE MUST HAVE!



 
Your solution should meet at least one or several of the below requirements
 
 1. Allow employees to pay for products and services with partner merchants
    using QR codes and any other payment methods, i.e., credit card, debit card,
    virtual/tokenized credit/debit card
 2. Top-up through a direct link, money transfer with a personal bank account or
    credit card, and/or TouchPay (independent cash loading) station
 3. Provide the merchant with Point-of-Sales device which accepts various
    payment methods and able to register products/services to be used for sales
    transactions
 4. Be able to send sales receipt online to minimize the paper use, think green!
 5. Collect merchant discount rate in every use of ADB Pay to assure sustainable
    payment system business model and to eliminate the need for upfront
    establishment cost of this system 
    




THE (REALLY) NICE TO HAVE!



 

Some valued bonus points will be added if the solution also answer one or
several of the following:

 

 1. Collect reward points in every purchase  
 2. Transfer funds for ADB-related expenses, i.e., ADB’s event participants can
    use ADB pay for their meal/other allowances which can be also be used in the
    nearby malls
 3. Incorporate the best logical security set-up in the hardware/software
    deployed to minimize IT security risks, i.e., when the system suggests the
    use of employee ID as a payment card
 4. The solution should provide integration with ADB's accounting system to
    record the transaction in a secured manner




 

Don't forget ideas for digital payments are endless! So feel free to submit
other solutions that fall in the "out of the box" section!
 
Creative and innovative ideas will be most valued!
 




PRIZES

 


SEED FUNDING!



WIN UP TO US$10,000 SEED FUNDING!




NETWORKING
& VISIBILITY



ACCESS TO NETWORKING OPPORTUNITIES!




PROOF OF
CONCEPT



DEVELOP A PROOF OF CONCEPT WITH ADB SUPPORT



 


TIMELINE



 
 
 
MORE INFO IN THE TIMELINE TAB
 


FINAL HACKATHON

AUG. 31ST TO SEPT. 2ND, 2019


 
THE 5 FINALIST TEAMS WILL BE INVITED TO PITCH THEIR BOLD IDEA AND PROJECT DURING
A 2-DAY HACKATHON AT THE MULTIFUNCTION HALL, ADB HEADQUARTERS, MANILA,
PHILIPPINES 
 
>> Travel grant of $400 for each team coming from the Philippines
>> Travel grant of US$1,000 for each team coming from outside the Philippines
(Southeast Asia)
>> Travel grant of US$1,500 for each team coming from outside the
Philippines (Rest of the World)
 
More information to come, stay tuned!
 
ABOUT THE ORGANIZER: ADB
 
 * Sitemap
 * Terms of service
 * Privacy policy
 * Cookies

ADB Challenges - Powered by Agorize