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Powered by AARP, Mastercard, Thomson Reuters, Deustche Bank, RaboBank, Santander. Challenges incl. Budgeting, Lifecycle changes vs age demographics, Wealth mgmt, Fraud & security, Longevity, Financial caregiving.
Fri, Dec 09, 2016 @ 07:00 PM   FREE   Primary, 26 Broadway, 8th Fl
 
   
 
 
              

    
 
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<P><SPAN>The holiday season is all about celebrating withfriends & family and what better way to spread the holiday cheer then by hacking, eggnog in hand, with our <STRONG><EM>Startupbootcamp</EM> <EM>FinTech Family</EM>!</STRONG> </SPAN></P>
<P><SPAN>Come join Startupbootcamp FinTech NY as wekick-offthe holiday season atour Winter Holiday Hackathon event *powered by AARP!</SPAN></P>
<P><SPAN>Our Sartupbootcamp Holiday Hackathon *powered by AARP will be taking place <STRONG>Friday,December 9th into Saturday, December 10that Primary</STRONG>. Join us as we tackle <SPAN STYLE="font-size: small;">FinTech challenges that </SPAN>are faced throughout all generationsand participate in fun holiday themed activites!</SPAN></P>
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<P><SPAN STYLE="font-family: impact,chicago; font-size: large;">What can you expect?</SPAN></P>
<P><SPAN>- <SPAN STYLE="font-family: arial,helvetica,sans-serif;">Real challenges proposed by top industry partners</SPAN></SPAN></P>
<P><SPAN STYLE="font-family: arial,helvetica,sans-serif;">- Engagement with expert mentors who will challenge your business ideas</SPAN></P>
<P><SPAN STYLE="font-family: arial,helvetica,sans-serif;">- Fun holiday themed activities throughout the event!</SPAN></P>
<P><SPAN STYLE="font-family: arial,helvetica,sans-serif;">- Networking in an intimate settingwith theopportunity to enhance your entrepreneurial skill set</SPAN></P>
<P><SPAN STYLE="font-family: arial,helvetica,sans-serif;">- Exciting prizes that you won't find anywhere else!</SPAN></P>
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<P><SPAN STYLE="font-size: medium;"><STRONG><SPAN STYLE="font-family: arial,helvetica,sans-serif;">Sign up now to register your spot, and tweet us at <A HREF="https://twitter.com/sbcfintech" TARGET="_blank" REL="noopener nofollow noopener noreferrer nofollow noreferrer nofollow">@sbcFinTech</A> with the hashtag </SPAN><SPAN STYLE="font-family: arial,helvetica,sans-serif;">#sbcHolidayHack!</SPAN></STRONG></SPAN></P>
<P><SPAN STYLE="color: #808080; font-family: arial,helvetica,sans-serif;"><STRONG><EM>Interested in helping out? - If</EM></STRONG><STRONG><EM>you're a hard worker who is interested in volunteering for the event, please contact the event organizer!</EM></STRONG></SPAN></P>
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<P><SPAN STYLE="font-family: impact,chicago; font-size: large;">FinTech Family Challenges</SPAN></P>
<P><SPAN STYLE="font-family: arial,helvetica,sans-serif;"><I>- <SPAN STYLE="font-size: small;">FinTech challenges that </SPAN>are faced throughout all generations.</I></SPAN></P>
<P><SPAN STYLE="font-family: arial,helvetica,sans-serif;">1. </SPAN><SPAN STYLE="font-family: arial,helvetica,sans-serif;"><SPAN STYLE="font-size: medium;"><STRONG><SPAN STYLE="font-size: small;">Short Term / Day-to-Day Budgeting</SPAN>: </STRONG></SPAN></SPAN><SPAN STYLE="font-family: arial,helvetica,sans-serif;">Create a solution to help those aged 50+, who have different budgeting tactics, reach their short-term savings goals by leveraging behavioral economics. </SPAN><SPAN STYLE="color: #000000;"><STRONG><SPAN STYLE="font-family: arial,helvetica,sans-serif;">*presented by MasterCard</SPAN></STRONG></SPAN></P>
<P><SPAN STYLE="font-family: arial,helvetica,sans-serif;">2. <STRONG>Lifecycles Changes vs Age Demographics:</STRONG></SPAN><SPAN STYLE="font-family: arial,helvetica,sans-serif;"> Singles are waiting until they are older to get married, couples are questioning having children, and graduates are spending years at home before becoming financially independent. Create a product that targets financial planning</SPAN><SPAN STYLE="font-family: arial,helvetica,sans-serif; font-size: small;"> with updated lifestyle expectations and that can adjust based on different scenarios (what if analysis). <STRONG><SPAN STYLE="color: #000000;">*presented by RaboBank</SPAN></STRONG></SPAN></P>
<P><SPAN STYLE="font-family: arial,helvetica,sans-serif; font-size: small;">3. <STRONG>Wealth Management -</STRONG> Build an enterprise solution for large financial institutions that helps solve the unique problems posed by the mass wealth distribution of baby boomers <SPAN STYLE="color: #000000;"><STRONG>*presented by Deustche Bank</STRONG></SPAN></SPAN></P>
<P><SPAN STYLE="font-family: arial,helvetica,sans-serif; font-size: small;">4. <STRONG>Fraud and Security:</STRONG> Those over 65 are 34% percent more likely have lost money on a financial scam than people in their 40s. Create a fraud detection service using unique API sets.<STRONG><SPAN STYLE="color: #000000;">*presented by Thomson Reuters</SPAN></STRONG></SPAN></P>
<P><SPAN STYLE="font-family: arial,helvetica,sans-serif; font-size: small;">5. <STRONG>Longevity and Decumulation:</STRONG> With life expectancy rising to 80 and above, how can soon-to-be retirees get a full picture of their assets, liabilities, and social benefits, and figure how much they can afford to spend (draw down) on a daily basis? <SPAN STYLE="color: #000000;"><STRONG>*presented by Santandar</STRONG></SPAN></SPAN></P>
<P><SPAN STYLE="text-decoration: underline;"><SPAN STYLE="font-family: arial,helvetica,sans-serif; font-size: small;"><EM><STRONG>AARP PREMIER SPONSOR CHALLENGE:</STRONG></EM> </SPAN></SPAN></P>
<P><SPAN STYLE="font-size: small;"><SPAN STYLE="font-family: arial,helvetica,sans-serif;">6. <STRONG>Financial Caregiving:</STRONG></SPAN><SPAN STYLE="font-family: arial,helvetica,sans-serif;"> Develop a product that can help adult children manage the finances and budgets of their aging parents, while allowing the seniors to maintain a degree of independence and dignity.</SPAN></SPAN></P>
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<P CLASS="MsoNoSpacing"><SPAN STYLE="font-family: 'Arial',sans-serif; font-size: x-large;"></SPAN><SPAN STYLE="font-family: impact,chicago; font-size: x-large;">STAY TUNED FOR . . . </SPAN></P>
<P><SPAN STYLE="font-family: arial,helvetica,sans-serif; font-size: small;">- </SPAN><SPAN STYLE="font-family: arial,helvetica,sans-serif; font-size: small;">Announcment of Judges</SPAN></P>
<P><SPAN STYLE="font-family: arial,helvetica,sans-serif; font-size: small;">- Winning Criteria</SPAN></P>
<P><SPAN STYLE="font-family: arial,helvetica,sans-serif; font-size: small;">- More sponsors and APIs</SPAN></P>
<P><SPAN STYLE="font-family: arial,helvetica,sans-serif; font-size: small;">- Participant pack with detailed information</SPAN></P>
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<P STYLE="text-align: center;"><SPAN STYLE="font-family: arial black,avant garde; font-size: x-large;">API Partners:</SPAN></P>
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<P STYLE="text-align: center;"><SPAN STYLE="font-family: arial black,avant garde; font-size: x-large;">Education Partner:</SPAN><BR></P>
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<P STYLE="text-align: center;"><SPAN STYLE="font-family: arial black,avant garde; font-size: x-large;">Community Partner:</SPAN></P>
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<H2 STYLE="text-align: center;"><SPAN STYLE="font-family: Arial Black; font-size: x-large;">Participating Sponsors:</SPAN><BR></H2>
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<P STYLE="text-align: center;"><SPAN STYLE="font-family: arial black,avant garde; font-size: x-large;"><STRONG>Premier Sponsor:</STRONG></SPAN></P>
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<P CLASS="MsoNormal">AARP is a nonprofit, nonpartisan, social welfare organization, with a membership of nearly 38 million, that helps people turn their goals and dreams into real possibilities, strengthens communities and fights for the issues that matter most to families such as healthcare, employment and income security, and protection from financial abuse.</P>
<P CLASS="MsoNormal">AARP's vision is to catalyze innovation and entrepreneurship in the marketplace around breakthrough products, experiences, and business models for technologies benefiting the 50+.</P>
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<H2 STYLE="text-align: center;"><SPAN STYLE="font-family: arial black,avant garde;"><STRONG>Startupbootcamp FinTech New York Local Partners:</STRONG></SPAN></H2>
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