Mar 21
8:30 AM
to
Mar 22
5:00 PM
 London, United Kingdom

Santander Digital Trust

Build on Santander’s Digital Trust APIs

Santander is on a mission to leverage the power of its APIs to develop cutting-edge digital trust solutions for its customers during this 24-hour hack!

To achieve this goal, Santander is calling on developers, fintech experts, data scientists, and digital trust/identity experts to join its internal teams to collaborate and create powerful products that support privacy, protect data, and help individuals and businesses prosper.

To support the development of your solution, you'll gain access to: 

  • Santander’s Open Banking API Sandbox

Built on top of OpenID and focused on Customer Privacy, this API is a proposal for a new Digital Identity standard for Verified Data Sharing Services

  • Plaid API (tech partner)

Plaid’s API allows end-users to build the future of financial services. 

 

4 CHALLENGES: 

Challenge 1: Verifying Identity  

At the customer’s request, the bank confirms the client’s name and other basic identifying information

Challenge 2: Verifying Authority

At the customer’s request, the bank confirms the individual’s authority to act on behalf of another entity or individual. This feature is not currently available so become a partner and help us build on the data sources and test the user flow.

Challenge 3: Validating Information

At the customer’s request, the bank shares and confirms extensive amounts of information.

For example, a customer applying for a car loan with a different entity might ask their primary bank to share detailed information. This prevents data loss and increases confidence for the new loan originator.

Challenge 4: Sharing Summary Facts

At the customer’s request, the bank shares summary facts without disclosing private data. For example, this person is old enough to buy alcohol – but the date of birth will not be disclosed. 

Prize pool: £11,000

First place - £8K | Second place - £2K | Third place - £1K