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Scotiabank Digital Banking Lab at Ivey Business School partnering with Hack Western 3

Jul 29, 2016

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London, Ontario (July 29, 2016) – For 36 hours, talented students will come together to build technical solutions to real-world problems. It’s part of Hack Western 3, Western University’s annual student-run hackathon, in partnership with the Scotiabank Digital Banking Lab at Ivey Business School.

“When we announced the Scotiabank Digital Banking Lab at Ivey, we also looked to identify new ways of supporting young, innovative talent,” said Kyle McNamara, Executive Vice President and Co-Head, Information Technology, Business Systems, at Scotiabank. “Now we are excited to be a presenting sponsor of Hack Western. With Scotiabankers on site as presenters and mentors throughout the event, we can’t wait to see what the participants create.”

Hack Western 3 will take place at Western University on October 14-16, 2016. High school, undergraduate and graduate students across Ontario, Quebec and beyond are invited to apply. Watch for applications opening at the beginning of August on hackwestern.com.

The partnership between Hack Western 3 and the Scotiabank Digital Banking Lab at Ivey Business School is part of Scotiabank’s commitment to supporting Canadian innovation and education in the digital space. The event will allow students to explore and develop technical solutions to a range of problems with real-world applications. Participants will get to learn from industry experts and thought leaders in areas ranging from user-centred design to cryptocurrencies. Hack Western 3 will also feature a special FinTech Innovation Track, presented by the Scotiabank Digital Factory – a series of workshops, talks and prizes that allows participants to optionally customize their hackathon experience to a unique area of interest.

Hack Western 3 will focus on learning, with an ambitious new goal: that every hacker, whether a first-time programmer or a seasoned expert, walks away from the hackathon having learned at least one new skill. This will be supported by mentors, workshops, and partnerships with organizations that provide real-world experience, helping hackers build their knowledge and apply it to create exciting projects.

Hack Western 2, held in November 2015, hosted over 500 students who submitted more than 100 projects, ranging from a Bitcoin betting service to a wish-list sharing platform.

“I made so many new friends, it was crazy to see how many people were as passionate about technology as I was,” says Blake Brown, a Hack Western 2 participant from the University of Waterloo. “There was a great collection of mentors and company sponsors to help us out.”

Remember to visit hackwestern.com to apply! We can’t wait to see you there!  

The Scotiabank Digital Banking Lab at Ivey Business School

In March 2016, the Scotiabank Digital Banking Lab at Ivey Business School was announced as part of a collaborative partnership funded by Scotiabank and the Ivey Business School. The partnership, focused on digital banking, aims to generate thought leadership and develop future talent in the digital space. Key elements of the partnership include research projects addressing the impact of digitization and disruption in the financial sector, and co-sponsoring of events showcasing Scotiabank’s and Ivey’s leadership in adapting to and embracing digital change. The Digital Banking Lab follows several digitization efforts by Scotiabank, including university partnerships, and the announcement of the Scotiabank Digital Factory, a stand-alone organization focused exclusively on delivering digital customer solutions.

About Scotiabank

Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. We are dedicated to helping our 23 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 89,000 employees and assets of $895 billion (as at April 30, 2016), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). Scotiabank distributes the Bank's media releases using Marketwired. For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

About the Digital Factory

The Digital Factory is a hub for creation and incubation of new and partner-led ideas to deliver game-changing solutions for Scotiabank customers. The Digital Factory is a cornerstone of Scotiabank's digital transformation, and is focused on reinventing how banking serves people by first reinventing the way we work. Visit us at www.scotiabank.com/digitalfactory/. Follow us on Twitter @Scotia_df /Instagram @Scotia_df / Facebook at Scotiabank Digital Factory.

For media enquiries only

Monique Tuin, Hack Western
(647) 377-2455
monique@hackwestern.com

Ivan Langrish, Senior Manager, Media Strategy
Ivey Business School
(416) 203-0664
ilangrish@ivey.ca

Diana Hart, Public, Corporate and Government Affairs
Scotiabank
(416) 866-7238
diana.hart@scotiabank.com