PSD2 (The Second Payment Services Directive) is European Union directive which oblige banks to expose an interface for third party providers to allow them provide services based on users’ account information and payment initiation.

No submission fee is required.

Jury will judge your solution basing on objective criteria: innovative use of Citi API’s, business potential and scalability, benefits for users and user experience. A team with the highest score will become the winner of the PSD2 challenge.

Deliverables we are asking in each phase are the minimum required to make proper assessment of your solution so it shouldn’t take much time for you to prepare it.

Phase 1: Registration

Welcome the challenge! At this point you need to choose your Team Leader and register your team at www.online.citibank.pl/psd2challenge. At this point we ask you only to fill out the registration form and accept terms and conditions. We also encourage you to explore Citi APIs on Citi Developer Portal. We will let you know if you have been chosen to the next phase of the competition on 26.08.2018.

Phase 2: Selection

Congratulations! Your team’s made it through eliminations. If your chosen category in the Challenge is:

• Consumer Banking - please register on Citi Developer Portal
• Corporate Banking – we will invite you to join API Developer Portal. All instructions (including registration process) you’ll receive via email.

Once you have access to Developer Portal, integrate your solution with Citi APIs and prepare very short video (up to 2 min) presenting how your integration works. On top, we’ll ask you to provide more details about your solution in PowerPoint presentation. You have time until 10.10.2018.

You’ve made it to the PSD2 challenge finals, you are officially awesome! Please prepare yourselves to present your solution in Warsaw on 30.10.2018 in front of our Jury. You have 8 min to present your solution and make live demo of your integration. Audience will have 5 min for Q&A.

Please mind that as PSD2 Challenge participants you need the express written consent of Citi Handlowy to: make a social media post, make or provide public statement or issue press releases and other material to the public about the Challenge.

Demo Day will be all-day event hosting great mix of people – developers, startups, e-commerce, investors, media and financial institutions. We’ll meet on 38th floor in Warsaw Spire at The Heart space. Key point of the agenda will be Teams’presentations – each Team will have 8 min to present their solution and make live demo of integration with Citi APIs followed by 5 min Q&A. After presentations we’ll have lunch and speeches session. Then we’ll announce winners and have cocktails to celebrate!

We are able to host up to 4 team members on Demo Day final.

You have to individually cover all expenses you choose to incur in the course of participating in the Challenge, including but not limited to any air or ground transportation, passports and visas, hotel accommodations, meals, beverages and any expenses associated with travelling to the Demo Day final.

Finalists who have been selected to receive an award will be notified by email and/or phone. In order for a participant to be declared a finalist and be eligible for an award in the Challenge, he or she must have complied with, and remain in compliance with, these terms and conditions, and must sign and deliver to Citi Handlowy (within 10 days after Citi Handlowy’s request) a standard declaration and release form, which will include: a declaration of the participant’s compliance with these terms and conditions, an acceptance of the award as provided, a publicity release, a liability release, an IRS Form W-9 or Form W-8, as applicable, and any other documentation that Citi Handlowy may require, in its reasonable discretion.

We serve two groups of clients: individuals and big companies. These groups have different needs so products we are offering to them are different. That’s why we created two categories of the Challenge: Consumer and Corporate Banking and they have separate developer portals. Please note that API Developer Portal for Corporate Banking is not fully compliant with PSD2 requirements.

Yes – just submit multiple applications: one application per each solution. You can also submit solutions in different categories: Consumer and Corporate Banking.