According to the Public Relations of the National Informatics Corporation, Seyed Jafar Mortazavian, Director of Innovation and Strategic Studies at the National Informatics Corporation, provided a report during the ceremony on the event’s process, the design of the Central Bank’s technological challenges and needs, the pre-event university sessions, the main event, the submission of ideas and products, and the proposal evaluation and judging sessions.
This event was held in two categories: “Proposals/Ideas” and “Products/MVP.” In each category, the top three proposals were awarded first to third place rankings.
Mortazavian explained that the challenges in the Innotechnic event were related to two areas: economics and payment and settlement systems. He said: “In the economic section, the challenges included ‘nowcasting Gross Domestic Product (GDP); evaluating and estimating inflation expectations; monitoring the flow of loans; assessing risk in the banking network; and tracking the outflow of foreign currency from the formal economy.’”
He continued: “In the payment and settlement systems section, the challenges for which we sought solutions were ‘identifying abnormal behavior patterns, suspicious operations, and misuse of card payment tools; extracting rules from documents; AI-based financial inclusion; using unstructured data to monitor security events in the banking system; and detecting anomalies in the transaction graph.’”
According to the Director of Innovation and Strategic Studies at the National Informatics Corporation, 20 proposals and 11 products were submitted to the event’s secretariat. Of these, 11 proposals were related to economic issues, and 20 proposals focused on payment systems. These submissions were evaluated and scored by the judging committee through various meetings and reviews.
At the end of the event, the top participants were honored with plaques and trophies. In the ideas category, Hadi Farahani won first place with the proposal ‘Identifying abnormal behavior patterns, suspicious operations, and misuse of card payment tools,’ while Nima Hemmati took second and third place with his proposals ‘Nowcasting Gross Domestic Product (GDP)’ and ‘Evaluating and estimating inflation expectations,’ respectively.
In the product category, Hadi Farahani earned first place with the product ‘Extracting rules from documents,’ Mohammad Amin Molahosseini Ardakani secured second place with the product ‘Identifying abnormal behavior patterns, suspicious operations, and misuse of card payment tools,’ and Mohsen Ghaffari took third place with the product ‘Risk assessment in the banking network.’
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