About the Hackathon
PSB’s Cybersecurity, Fraud & Artificial Intelligence Hackathon is a national-level initiative powered by the Department of Financial Services (DFS) Ministry of Finance)/Indian Bank Association (IBA). This hackathon provides a platform for students, banks, and educational institutes to collaborate and create innovative solutions for the financial sector that can solve real-world Cybersecurity, Fraud & Artificial Intelligence challenges.
Selected teams will work on problem statements, and the event will culminate in August 2026 with the presentation of winning prototypes showcasing their potential for real-world implementation.
There are exciting Prizes worth up to Rs 20 Lakhs . There are two topics of Hackathon for the better participation with Rs. 10 Lac Prize for each topic.
- 1st Prize 5 Lac
- 2nd Prize 3 Lac
- 3rd Prize 2 Lac
Eligibility & Problem Statements
This hackathon is open for all students from any colleges\universities.
Problem Statements:
- 1. Harnessing Generative AI for Automated Reverse Engineering, Static and Dynamic Analysis, and Risk Scoring of Fraudulent Mobile Applications (APKs) and Malwares.
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Developing a solution having AI/ML capabilities for detecting suspicious transactions and mule accounts by ingesting financial transactions and/or fraud monitoring solution alerts and/or Transaction monitoring system alerts and govt cyber fraud alerts/tickets and preventing circulation of fraudulent proceeds through mule accounts. This solution should consume real-time regulatory inputs/ feeds and cross-channel bank data
Registration started on 07.05.2026 with last date as 15.06.2026
Registration Link:
Interested students can register through the following link: https://boihackathon.cse.iith.ac.in/
Let’s gear up for this exciting journey and make it a remarkable experience!
Important Dates:
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Sr. No.
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Events
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Bank Proposed (07.05.2026)
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1
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Registration and Idea Submission by Participants
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07th May to 15th June 2026
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2
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Shortlisting of teams based on submitted ideas
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23rd -30th June 2026
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3
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Final shortlisted teams announcement
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30th June 2026
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4
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Prototype Development & Progress Report
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1st July 2026 – 17th August 2026
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5
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Final presentation of prototype
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27th & 28th August 2026
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6
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Prize announcement and closure
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28th August 2026
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