From News Desk
The Bank of Baroda Hackathon 2025, organised in collaboration with the Indian Institute of Technology Kanpur (IIT Kanpur) under the guidance of Department of Financial Services (DFS) and Indian Banks’ Association (IBA), concluded with great enthusiasm and innovation at IIT Kanpur. This event brought together young innovators, technologists and entrepreneurs from across the country to address the pressing theme of “Zero Trust Security in Digital Banking”.
Scale and Participation
The hackathon saw an overwhelming response with over 420+ participants, 200+ teams and 50+ solution entries, reflecting the growing interest in securing India’s digital financial ecosystem. After a rigorous evaluation process, 10 finalist teams were shortlisted to present their groundbreaking solutions at the Grand Finale hosted at IIT Kanpur.
The top 10 finalist teams presented their innovations covering diverse solutions, including –
- User and Entity Behaviour Analytics (UEBA) for insider threat detection
- AI-driven fraud prevention platforms for secure transactions
- Voice and identity protection solutions
- Advanced real-time threat detection models
- Cybersecurity frameworks tailored for financial institutions
Each presentation was followed by a jury Q&A session, testing the feasibility, scalability, and long-term impact of the ideas. The passion and energy displayed by the participants underscored India’s position as a global hub of fintech and cybersecurity innovation.
Jury Members
The finale was graced by an eminent panel of jury members
- Saurabh Shukla, Chief Technology Officer, Bank of Baroda
- Prof Ankush Sharma, Professor, Department of Electrical Engineering, IIT Kanpur and former Professor-in-Charge, SIIC, IIT Kanpur
- Piyush Mishra, Chief Operating Officer cum Chief Finance Officer, SIIC, IIT Kanpur
- Arun Kumar, Deputy General Manager, IT, Bank of Baroda
Additionally, the event was honoured by the presence of SK Thapar, Senior Advisor, IBA (EASE Reforms) as a special guest.
Speaking on the occasion, Prof Ankush Sharma praised the role of hackathons in nurturing deep-tech solutions, “Hackathons like this bridge the gap between academic innovation and industry application. The ideas presented here reflect India’s growing leadership in digital security, fintech innovation, and smart banking solutions. This initiative is a shining example of how collaboration can drive impactful, future-ready solutions.”
Saurabh Shukla, Chief Technology Officer, Bank of Baroda, emphasised the Bank’s commitment to innovation, “At Bank of Baroda, we believe in embracing technology not only to improve customer experience but also to strengthen security at every level. Zero Trust is about verifying every interaction, every time, without adding friction for our customers. The solutions presented here show immense potential to shape the future of secure banking.”
Winner Announcements and Felicitation
After an engaging round of presentations, the jury had the challenging task of selecting the winners. The top three teams were felicitated with prizes recognising their ingenuity, technical strength, and scalability potential. A consolation award was also presented during the event. The winners were celebrated in a grand felicitation ceremony.
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