News detail

SWIFT Institute Student Challenge 2019 is on


The SWIFT Institute is pleased to announce the launch of the fourth annual Student Challenge. Aimed at challenging students in all levels of further education, the Challenge encourages young scholars to come up with solutions to current global industry challenges in the financial sector. The 2019 competition will address the issue of fraud detection in an instant payments environment, specifically, how to use artificial intelligence to improve upon fraud detection. The SWIFT Institute Challenge is open to students enrolled in any recognised university or further educational establishment based in Europe.

The SWIFT Institute is a part of SWIFT, the world leader in interbank telecommunications connecting over 11,000 entities worldwide.  This year, the Student Challenge is being held across schools in the whole of Europe. It is open to students attending any European university and college with an interest in banking. This year’s challenge is: How can Artificial Intelligence improve fraud detection and prevention in instant payments?

The Student Challenge can provide members of participating school with the opportunity to present their idea at SIBOS, SWIFT’s premier annual finance event, which in 2019 is being held at the ExCel Convention Centre in London September 23-26, 2019. Regularly attended by over 8,000 delegates from the top financial and banking institutions worldwide, SIBOS provides a fantastic opportunity to rub shoulders with some of the very best that the industry has to offer.

Up to eight teams with the best ideas will be invited to send two representatives to Sibos London. Their Sibos package will include accommodation, transport and attendance for the full four days (a value of 3500 EUR each), which gains them entry to all of the sessions presented where the Hot Topics in financial service today will be discussed.

Each team will pitch their ideas to the auditorium in a 10 minute presentation, with the winning team receiving a 20,000 EUR cash prize.

Deadline for entries to the Student Challenge is 30 June 2019.

See details in the Student Challenge handbook for 2019.

For more information, please visit this website.

Autor - Mgr. Ema C. Stašová


McKinsey & Company
Moneta Money Bank