Applications Invite for PSB's Cybersecurity, Fraud & Artificial Intelligence Hackathon 2026

About the Organization

We always aim at providing superior, proactive banking service to niche market globally, while providing cost effective and responsive services

The Bank has over 5300+ branches in India spread over all states/ union territories including specialized branches. These branches are controlled through 69 Zonal Offices and 13 FGMO Offices.

About the Event

Bank of India (BOI) is proud to host PSB's Cybersecurity, Fraud & Artificial Intelligence, in collaboration with IIT Hyderabad . This initiative is powered by the Department of Financial Services (DFS) (Ministry of Finance)/Indian Bank Association (IBA) aims to foster collaboration between public sector banks, educational institutes and students and to promote innovation, prototype development, and entrepreneurship in the banking sector.

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.

Why You Should Participate:

The first and one of its kind Hackathon , which is an initiative of Ministry of Finance, Department of Financial Services & coordinated by Indian Banks Association (IBA)

Exciting Prizes:

• Win rewards worth up to Rs 20 Lakhs. Prize Pool of Rs.20 Lakhs ( ( 1st Prize 5 Lac , 2nd Prize 3 Lac , 3rd Prize 2 Lac ) for each topic )

Recognition:

• Winners will be honored at the closing ceremony, receiving national-level recognition for their innovations. Certificates of Excellence, Merit, or Participation for all participants.

Skill Development:

• Tackle real world Cybersecurity, Fraud & Artificial Intelligence challenges and appreciation by industry.4

Eligibility

This hackathon is open for all students from any institutes/universities. Registration of Participants & Teams (Each team will consist of 3-4 students & As part of Women Empowerment,preferably 1 or more female participants should participate from each team).

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.

Problem Statement:

• Harnessing Generative AI for Automated Reverse Engineering, Static and Dynamic Analysis, and Risk Scoring of Fraudulent Mobile Applications (APKs) and Malwares.
• 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.

How to Apply

Application Deadline: 15th June 2026

 For more information please check the Link

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