NBB expects the challenge to support in upskilling youth digital capabilities. Credit: Mudassar Iqbal from Pixabay.

The National Bank of Bahrain (NBB), in partnership with Bahrain FinTech Bay, has launched youth-focused digital banking challenge.

The NBB Digital Banking Challenge is intended to encourage participants in developing new and creative solutions related to NBB’s new digital banking app. University students aged between 18-24 can participate in the programme.

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NBB group chief strategy officer Yaser Alsharifi said: “We want to engage with the youth and have them showcase their innovative solutions for our digital banking app. Ultimately, this serves as a direct conversation with our future users and we have a crucial role to have them be a part of our digital efforts.

“The NBB Digital Banking Challenge is a prime example of one of our sustainability efforts when it comes to education, community investment and knowledge sharing.”

The challenge will include intensive bootcamp where applicants will get the opportunity to explore NBB’s digital outlook through sessions.

This will be followed by selection process. The shortlisted students will be formed into teams based on their skill sets to initiate their ideas and further develop them during the subsequent six-week incubation period.

Moreover, students will have the opportunity to take part in a peer-to-peer learning environment at Bahrain FinTech Bay.

NBB expects the challenge to support in upskilling youth digital capabilities while exploring various emerging tech trends, in line with the country’s Vision 2030 objectives.

Bahrain FinTech Bay CEO Khalid Dannish said: “We are delighted to be collaborating with NBB to deliver this unique programme and provide a platform for the kingdom’s young innovators to directly shape NBB’s digital efforts.”