The State Bank of India (SBI) has launched its much-anticipated SBI Innovation Hub in collaboration with APIX, a global collaborative platform connecting financial institutions with fintech companies. The initiative aims to drive digital transformation and financial inclusion while supporting innovation in financial services. This will allow developers and fintechs to create innovative products. In this article, we will learn what is SBI Innovation Hub, How to register or signup on SBI Innovation Hub, What is the official website of SBI Innovation Hub and How to participate in Contests.
SBI Innovation Hub is a pioneering platform offering cross-border collaboration, sandbox, and API marketplace capabilities. It facilitates innovation in the financial sector by connecting financial institutions, fintechs, and regulators. Users can host or join hackathons, initiate or participate in innovation challenges, access a collaborative sandbox, and explore a marketplace of API solutions.
The launch of the SBI Innovation Hub marks a new chapter in the bank’s efforts to drive financial technology innovation and improve the digital banking experience for its customers across the country.
SBI’s Innovation Hub as part of Open Banking initiative in line with global trend has enabled developers across the globe to seamlessly register and access Bank’s APIs. SBI has been actively involved in promoting Open Banking through various initiatives aimed at enhancing financial services and improving customer experience. SBI’s Innovation Hub aims to enable Fintechs and e-commerce start-ups to easily partner with the Bank and co-create innovative products/solutions.
How to Register for SBI Innovation Hub?
- Visit SBI Innovation Hub Website: https://innohub.sbi/.
- Click on SignUp.
- You can use SBI APIs and create a product or submit your product to SBI.
How to participate in Live Contests?
- Visit SBI Innovation Hub Website: https://innohub.sbi/
- Click on ‘Contest’ on Top Menu.
- Click on ‘Live Contest’
- Direct Link: https://innohub.sbi/all-contest/live
If you have any other doubts, you can ask in comment section below.
