This hackathon stands out for at least two reasons. First, it is a joint initiative of B-Hive and five of its partners – major financial institutions such as Ageas, Allianz, AXA, BNP Paribas Fortis, Ethias. Second, the goal of the hackathon is not only to produce code, but to come up with ingenious and well thought out business solutions. This is because the hackathon’s partners intend to fund the best of these solutions as Proof of Concept projects. There will be a company track about Fraud Detection and an Industry Wide Vendor Management Platform and an open track about Adoption of New Mobile Payment Systems for the mass consumer and the unbanked.