Success well Done


The world of Banking & Finance is changing dramatically.  Technology is transforming the way financial service providers interact with their customers, just as it is also changing the way consumers’ access financial products. Technology has also enabled the proliferation of online banking, mobile payments, and platforms that make monetary transactions effortless.

Are you ready to change the world of Banking & Finance?  Then come show off your creativity & innovation quotient at DCB Innovation carnival!

DCB Innovation carnival seeks to revolutionize the way banking & financial services are delivered by harnessing innovation and technology to enhance accessibility. It provides great environment for Students, Developers, Domain experts & Startups to showcase new solutions in Fintech domains such as Block chain, Digital Payments, IOT, Artificial Intelligence and Robotic Process Automation to name a few.

Leveraging DCB Bank’s & its partners digital and technology expertise, DCB Innovation carnival is created to Fast Track Fintech experiments by providing a complete ecosystem to ideate, develop, test and refine solution with industry expert’s serving as mentors.

Entry closes on Sunday, 10th September, 2017


If you are a Student, then this is an excellent opportunity to showcase your knowledge and skills to the industry leader.


Entrepreneurs & Aspiring Entrepreneurs partner with DCB to convert your idea into a market ready product.


If you are a Developer, then this is your opportunity to make an impression and be recognised by the industry leader.

Domain Expert

If you are a Domain Expert, then this is your moment to showcase your ideas that will simplify complex challenges & get recognised.

rewards & recognition
Student category

First Prize

INR 2,00,000

Second Prize

INR 1,00,000

Third Prize

INR 50,000

Startups,Developers & Domain experts category

First Prize

INR 3,00,000

Second Prize

INR 2,00,000

Third Prize

INR 1,00,000

Choose any one of the Themes listed below & submit your presentation which details out the anticipated gaps & unique business challenges, which your startup can address.Entries will be judged on the basis relevance to business and scalability.
  • Lending
    India has lots of potential to work on Lending Models.
    This is line of business for bank. How can your solution help to produce a optimised framework to lend money? Let’s build simplified process of lending and borrowing.
  • Payments Innovation
    60% Innovations in India are around Payments
    We are seeing many Mobile Apps for payment. More than 60% Fintech are into Payment innovation. Let’s build an innovative Payment Experience on Mobile Application.
  • Smart Village
    Smart Village, Rural FinTech solutions - 27% of India use Internet, There is less of connectivity
    There are many such challenges to overcome. While there is some progress to overcome these challenges, can we build smart cashless villages? Let’s build an intelligent Payment solution to facilitate and encourage going cashless and paying digitally for utility bill payments, transport, public facilities, shopping and entertainment. Let’s build banking experience with Renewable Energy & relevant initiatives in India.
  • Branch Transformation
    Need of Branches will be always today and tomorrow.
    But Branch Transformation will be a success key where we can see traditional branches can be transformed digitally for best customer experience & cost optimisation.
  • Customer Experience
    This is on top of every Bank. DCB is among top 12 Banks in best Customer Service.
    How can your solution bring on best Customer Service, Engagement and Experience?
  • Cashless World
    India has a long way to be a Cashless Country.
    Build an innovative Payment solution for a cash-less, card-less and paper-less future and leverage digital and mobile technologies to create Payments solution that is lower in cost and higher in efficiency.
  • Enterprise Engineering Practices
    Right Architecture & Right Development methodology defines the growth of any Organisation
    DevOps Tools, API Management, Enterprise Service Bus , Agile Methodologies are bring next level delivery experience . We wish to explore best practises around Enterprise wide engineering practices.
  • Standard reconciliation solution
    With UPI , AEPS coming on the way it becomes important for banks to have a robust reconciliation.
    Banks are facing the challenge of not having a standard reconciliation solution in place. The existing solutions are either outdated or lack standardization. Bank is thus looking for a robust and flexible solution for all their transactions/payments/remittances etc.
  • Fraud Risk Management
    Fraudsters are becoming increasingly sophisticated and more efficient in identifying and exploiting vulnerabilities.
    Existing fraud risk management tools are using traditional technology and have abundant silos of information which are prone to fraud risk. Bank is looking for an advanced analytics/AI based solution to manage these fraud risks.
  • Agri-Inclusive Payment solution
    A large segment of the Indian consumer doesn’t have access to traditional online payment instruments such as debit and credit cards.
    Bank is looking for a robust (offline/online) payment solution to bring convenience of Payments/eCommerce to the unbanked population.
  • Banking on BlockChain
    Blockchain is new Internet , let’s explore it
    Blockchain can become a disruptive force that can help to bring the entire Banking, Financial and Payment industry together. Build innovative solution using Blockchain for FI/Payment industry that can lead to more accountability, less fraud, less dispute, faster settlement, smart assets, smart contracts, storing and verifying digital identity etc.
  • Internet of Things
    Gartner Says 8.4 Billion Connected "Things" Will Be in Use in 2017
    We have seen Desktops, Laptops, Mobile Adoption culture for payments services. Next Big thing will be Internet of Things. Push the boundaries of innovation, reality and technology to create IoT based Payment concepts and solutions that can change the world for better
  • Cyber Security
    This is need of time with growing Transactions
    So much of penetration of applications & we can’t imagine how users are increased over mobile applications, Social Media, Payments etc areas. Eye on Cyber Security will be key in 2017.
  • Robotic Process Automation
    RPA is fast emerging as a highly efficient way to help financial institutions support their digital transformation initiatives.
    Best of all, you don’t need to wait months or even years to see the results. In an industry that is constantly looking to improve the consumer banking experience, mitigate risk and comply with regulations, and increase great efficiencies around core customer oriented processes, the use of intelligent software robots is already being put to use across many banks
  • Artificial Intelligence
    AI is new UI for Banking Services
    AI can improve customer personalization, identify patterns and connections that humans can't, and answer questions about banking issues in real-time. Financial institutions are already finding success with AI. However, what may be 'amazing' today will be table stakes in the near future. AI will touch every type of business, it’s very much important to make AI part of each banking use cases e.g. Chatbots , Fraud Risk Management ,Conversational banking
  • Analytics & Big Data
    Every second we create new data. we perform 40,000 search queries every second (on Google alone), which makes it 3.5 searches per day and 1.2 trillion searches per year.
    The financial services industry has a vast reservoir of data on their customers, but is in the infancy stage of utilizing this data for financial or competitive gain. A large proportion of the current Big Data projects in banking revolve around customers - driving sales, boosting retention, improving service, and identifying needs, so the right offers can be served up at the right time. Big Data could transform businesses and economies? Let's prove it
  • Cloud Solutions
    By 2020, at least a third of all data will pass through the cloud (a network of servers connected over the Internet).
    ACloud-based payments enables you to make NFC based payment (Tap & Pay) using your mobile handsets and can be implemented through cloud-based security and tokenization. Build Payments idea / solution that is digital, multi-channel, real-time, fast, flexible, convenient and can disrupt the payments landscape
  • Banking on Social Media
    With increase in Number of users on Social Media , it is important channel to Banking.
    Social media is transforming banking relationships in very significant ways, from improving customer service to allowing users to send money to others via online platforms Social media can even impact your ability to get a loan. Integration is happing so quickly, it is possible to argue that social media platforms may be the banks of the future. Such high levels of penetration, use and engagement have meant that financial institutions are starting to recognize the opportunities social media can bring to their businesses. Social media platforms can no longer be considered places where people simply connect and communicate in real-time with the click of a button. Social Media are increasingly providing a broad range of services to their users either directly or through partners, making them central to people’s lives
  • Biometric Age
    India's biometrics market is projected to grow  & since last 2-3 years India biometric market to rise industrialization and presence of a large number of leading private sector companies in the region.
    Government, banking & finance, energy & power, and consumer electronics are the key end user segments where deployment of biometric systems is witnessing an increase, and this trend is expected to continue over the next five years. Current Trends, Market Trends & Developments IS Growing Usage of Multimodal Biometric Authentication Systems, Growing Adoption of Biometrics in e-commerce, Increasing Penetration of Biometrics in Banking Sector .New Biometric Technologies to Strengthening Security This will be a potential area to explore
DCB Innovation Carnival will be conducted in 3 phases

Phase 1 - Solution Ideation

Pick any one theme and build your idea around a potential solution and submit your solution overview along with the supporting documents.

Phase 2 - Solution Development

Shortlisted participants will be provided with access to Partner APIs and they will have to develop a minimum viable solution

Phase 3 - Solution Showcase

Finalists will be invited to present their minimum viable solution to an eminent Jury.Top 3 teams from each category will be felicitated.

7 Jul
10 Sep
Registration Ends
Announcement of 1st shortlist & Prototype development begins
24 Sep
24 Oct
Submission of prototype
Solution presentation
13-20 Nov
26-30 Nov
Demo day & Awards
Judging Criteria
Solutions will be judged on a combination of the following critera









DCB shares a variety of APIs from leading financial and technology partners to help developers create real-world innovations that could function with existing DCB technology.
    “Unified Payment Interface” (UPI) enables all bank account holders in India to send and receive money instantly from their smartphones without the need to enter bank account information or net banking userid/ password.
    Aadhaar authentication is the process wherein Aadhaar Number, along with other attributes, including biometrics, are submitted online to the CIDR for its verification on the basis of information or data or documents available with it. More..
    Aadhaar eKYC is a paperless Know Your Customer (KYC) process, wherein the Identity and Address of the subscriber are verified electronically through Aadhaar Authentication. More..
    eSign service allows applications to replace manual paper based signatures by integrating an API which allows an Aadhaar holder to electronically sign a form/document anytime, anywhere, and on any device legally in India. More..
    Our Aggregation API allows 3rd party developers user-permissioned and secure access. More..
    Choose the solution that bests suits your needs from the Featured documentation or select All Docs to find a specific document. More..
    Primechain APIs allow developers to add blockchain power to their solutions.
    Faster on-boarding using real-time APIs


Meghana Rao

Gaurav Mehta

Prasanna Lohar

Neha Srivastav

  • 1. How should I register for the challenge?
    Register as a new user, by clicking the "Register" button in the portal. Registration is mandatory for participating in the program.
  • 2. What is the eligibility for participation in DCB Innovation Carnival?
    DCB innovation carnival is open for Students, Startups, Developer & Domain experts.
  • 3. What should be the team size?
    Each team can have a minimum of 2 & maximum of 4 members.
  • 4. Can there be individual participation?
    No, you can't register as an individual.
  • 5. Can we submit our solutions for more than one theme?
    No, you cannot submit solutions for more than one theme
  • 6. Can we submit multiple solutions for one theme?
    No. You are allowed to submit only one idea per theme.
  • 7. Who will own the IP generated as part of the DCB Innovation carnival?
    You do!
  • 8. Where will the demo day event be conducted?
    The final event will be held at DCB Bank at Mumbai on 30th Sep, 2017.Click here to know the agenda.
  • 9. When and where the winners be declared?
    Winners will be announced at the end of the event, which will be held on 30th Oct, 2017 at DCB bank.
  • 10. Will the organisers take care of travel & accommodation for the final offline event?
Date & Time
Webinar Topic
3-3:45 PM
5th AUG 2017
Innovation at DCB Bank
Prasanna Lohar,DCB Bank

DCB Bank
9th Floor, Tower A Peninsula Business Park,
Senapati Bapat Marg, Lower Parel,
Mumbai, Maharashtra.


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