OREANDA-NEWS. May 20, 2016. MasterCard wants to create a payments-enabled travel app that helps consumers making all kinds of journeys, whether they are day to day trips to their place of work, or even to holiday destinations further afield.

More than 100 coders, designers and developers from around the UK will take part in MasterCards Trip Hack a three-day hackathon that is being run by London & Partners, with the backing of British Airways and Transport for London.

The hackathon, which will take place at The Trampery in Shoreditch, will see the coders form teams of six to come up with new products and services that will help travellers of all types.

MasterCard, British Airways and TfL will give the teams access to each of their APIs, to allow them to create and build new technology.

They will be judged on their entries, and the winners will take away £10,000 and the chance to pitch their idea at London Tech Week, with business support from The Traveltech Lab.

Elliott Goldenberg, Head of Digital Payments at MasterCard UK & Ireland said: We are scouring London for the best talent, to help build a travel app that will enhance our journeys as consumers as we navigate our way from A to B. That doesnt have to be within one city, it could be from one city to another.  If we look at how contactless has changed the daily commute for Londoners, we are looking ahead to how future payment technology can unify transport systems for the greater benefit of the user.

The hack builds on MasterCards efforts to find, develop and launch new commerce applications for a generation that thinks differently about money and payments. Aware that new ideas can come from anywhere, MasterCard has founded and supported initiatives such as Girls4Tech, the companys education programme that showcases payments technology and engages employees as role models and mentors. Another such initiative is Masters of Code, a hackathon series developed to challenge developers to create the next big application using MasterCards APIs. Earlier this year, the company also spearheaded the Fashion and Design Hack in New York City, teaming up with The New Schools Parsons School of Design to bring a forward-thinking, design-led approach to payments technology.

Glenn Morgan, Head of Digital Business Transformation at International Airlines Group said: This hackathon is a great opportunity for us at IAG to show the value of open innovation to create new products at speed. We know theres a lot of untapped talent out in the developer community and we really feel that the best way to deliver innovation is to give people a platform to develop their ideas. Its why British Airways was the first full-service airline to open up our APIs. We want this to be an open process with the aim of delivering some great new ideas to the travel industry that really benefit customers.

Phil Young, Head of Online for Transport for London (TfL) said: Millions of people every day use apps powered by our free open data to check the Tube, find a bus or see how the roads are running. We are keen to work with a wide range of partners to see how this data can deliver further benefits to customers and road users and this Hackathon is a really helpful step in making that happen.

Gordon Innes, Chief Executive of London & Partners said: London is one of the worlds leading tourist destinations attracting millions of visitors every year. When you combine this with the citys growing technology sector, there is a fantastic opportunity for London to become a world-class hub for the development of travel technology solutions. London is also home to some of the best creative and technical minds and there is no better place to conduct a hackathon of this kind.

The schedule for Trip Hack

  • Friday, June 3 6pm to 9.30pm: networking and team-building begins
  • Saturday, June 4 9.30am: arrive for check-in and introductions with coding to begin at 11am
  • Sunday, June 5 12pm to 4pm: coding ends and presentations to a panel of expert judges take place

For more information on Trip Hack, please click here.

About MasterCard

MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the worlds fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard products and solutions make everyday commerce activities such as shopping, traveling, running a business and managing finances easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.