Citibank India launches global software development program
Citi Mobile Challenge will allow web technology firms and software developers to create digital and mobile solutions for various sectors
Bengaluru: Citibank India, the local unit of US-based Citigroup Inc., launched a global software development program, Citi Mobile Challenge, that will allow web technology companies and software developers to create digital and mobile solutions for the banking, e-commerce and financial payments sectors.
Software developers across Asia Pacific region can use the mobile software platform to develop solutions that will help the bank address the banking, e-commerce and financial payments needs of its clients, the company.
The move comes at a time when Internet adoption is seeing a surge in India with more people getting online using cheap smartphones and inexpensive data plans. With nearly 300 million users, India has the third largest Internet user base in the world.
The winners of the program will get cash awards worth $100,000, opportunities to launch their products with the support of the bank and sponsors of the event, including investments and mentoring services. The registrations for the event will close on 2 September.
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