Group Razer Blazers, comprising of Clarence Pang, Randy Lai and Shao Shxuan from the College of Info Methods, and Isaac Lee Yi De from Lee Kong Chian College of Enterprise, have emerged as one among two winners on the inaugural Razer Fintech Digital Hackathon held from 15 to 17 Could 2020 in Singapore.
Organised by Razer Fintech, one of many largest offline to on-line digital funds networks in Southeast Asia, the competitors was supported by Singapore Administration College and the Singapore Fintech Affiliation.
A complete of 125 groups and 420 individuals took half within the hackathon to resolve a number of the most pertinent issues in day by day banking immediately. 20 groups had been chosen for the semi-final, and 5 for the finals, throughout which every staff needed to give a pitch for his or her digital banking prototype.
The SMU staff took on the problem of “Financial services and products today lack innovation to address the experiential youth lifestyle” and developed an answer to deal with the issue of subscription fatigue which has set in amongst many individuals immediately because of the ever-growing variety of subscription providers.
The answer aimed to offer shoppers with the power to handle their subscriptions simply and to offer them with entry to subscriptions at discounted costs. This concerned constructing a cellular software with the intention to combine with Razer Pay, Razer Fintech’s e-wallet service. With their answer, customers would be capable of monitor what subscriptions they’re paying for, uncover and sign-up for brand new subscriptions simply, cancel subscriptions they now not want, monitor when their subsequent funds are due, and select how they need to pay for his or her subscription providers.
The staff break up the work in accordance with every particular person’s specialities and technical competencies. Isaac took on the enterprise product proprietor position, which included preparation of the pitch deck, demo video and sharpening the enterprise idea. He additionally helped in testing the APIs required for the answer utilizing Postman software program. Shao Shxuan was the front-end developer who centered on constructing the person interface on the cellular software and guaranteeing it may well talk with the backend techniques. Randy, the back-end developer, arrange the back-end databases on AWS and ensured it was linked to each the front-end and different exterior APIs. Clarence was the answer architect who ensured that each the backend and frontend had been working as meant, in addition to ready the simulated associate subscriptions.
The judging panel comprised of Mr Eduard Fabian, Chief Expertise Officer of Razer Fintech, Professor Pang Hwee Hwa, Dean of SMU College of Info System, in addition to expertise leaders and innovators from a number of the occasion’s outstanding sponsors together with AWS, Mambu, PwC and Perx Applied sciences.
As winners of the competitors, the SMU staff will stroll away with $8,500; every staff member may even obtain a RAZER™ BLACKWIDOW LITE STORMTROOPER keyboard. The staff will likely be concerned in a possible internship at, or collaborate with, Razer Fintech or its companions to show its concepts into actuality.
On why the staff took half on this competitors and what he has realized, Isaac Lee stated, “The competitors allowed us to problem ourselves in determining options to issues that we had been going through in our on a regular basis lives. We needed to overcome an enormous time constraint to construct a functioning prototype which we did efficiently by ensuring everybody was in a position to concentrate on what every of us did greatest. As the one enterprise pupil within the staff, I made positive that the remainder of the staff knew precisely what we had been constructing and why. For me, I’ve realized a number of new technical expertise in integrating our backend servers in speaking with exterior APIs, launching our backend net service on AWS’s cloud providers, and find out how to be more practical in managing a staff beneath stress and time constraint.
“Unlike the competitions in normal times, we had to do things through Skype calls during the hackathon which meant that we had to take turns sharing screens to communicate what we were doing. Additionally, when it comes to exhausting competitions like this, long periods of silence without communication could mean someone might have fallen asleep. Hence having mutual trust, everyone pulling their weight, and constantly motivating each other were factors which contributed to our win in this competition,” added Isaac.
Picture caption: Isaac Lee Yi De (entrance), Randy Lai (left display screen), Shao Shxuan (proper prime) and Clarence Pang (proper backside) communicated via Skype calls to brainstorm for concepts and options through the inaugural Razer Fintech Digital Hackathon. [Photo: Isaac Lee]