Disrupting the Way Banks Transact, with Technology

The fourth edition of Viva Technology played host to over 100,000 attendees comprising investors, technology startups with disruptive products on display and industry stalwarts. With a focus on ‘women in technology’ and ‘Tech4Good’, this edition of the global conference brought forth the latest in emerging technologies from around the world.

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Entrepreneurs with the Societe Generale Group CEO, Frédéric Oudéa

Societe Generale was also a part of Viva Technology, 2019, with a few of our internal startups showcasing products that are developed in-house by employees from across geographical locations. Both internal and external startups associated with Societe Generale were shortlisted and invited for the event to demonstrate their solutions.

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Collaboration across Societe Generale Group through intrapreneurship!

Societe Generale Global Solution Centre’s very own internal startup, ‘Cashberry’, participated in the product pitch panel and round table discussions on topics such as ‘Importance of agility in a startup’ and ‘Payment innovation in grassroot form’ to name a few. The discussions were accessible to the 13,000 startups and 3,300 investors who were also attending this annual event.

Cashberry: Changing the way banks transact

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Sreekanth, addressing the crowd at Viva Technology

 

Since the 1970’s, when Automated Teller machines (ATM) took over, banks began opting for this technology to provide the most important financial service – cash withdrawal. However, decades on, the complexity of maintenance of the ATMs through fixed and variable costs remain a huge challenge. Additionally, the provision of cash in a timely and cost-effective manner and in an environment of trust remains the ultimate challenge and responsibility for financial institutions. Cashberry, aims to resolve this challenge and provide ease of access to cash for the society by connecting cash holders to cash seekers and creating more business opportunities to earn cash.

Cashberry is a result of six employees at Societe Generale coming together to disrupt the banking environment.

1)Hariharan Palani: Technical Architect

2)Jonathan Noirot: Scrum Master

3)Chetankumar Hiremath: Full Stack Developer

4)Prateek Chitransh: Full Stack Developer

5) Sreekanth Krishnamoorthy: Founder

6) Abhishek Dubey: Product Owner

The solution promises to solve several of the problems that banks are battling with even today. For the full list of Cashberry offerings, visit this link 

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Panel discussions at Viva Technology featuring experts

This year, Viva Technology hosted influencers such as French President Emmanuel Macron, Canadian Prime Minister Justin Trudeau, Jack Ma, Founder, Alibaba Group, Virginia M. (Ginni) Rometty, Chairman, President and Chief Executive Officer, IBM, among other global thought leaders. This incredible platform helps entrepreneurs pitch their products to investors while interacting with global peers and learning from speakers who have paved their way in their own respective fields. Being invited to attend a conference such as Viva Technology shows the promising nature of Cashberry and the other products developed by Societe Generale’s internal startups.

Read more about Societe Generale at Viva Technology here.

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Cashberry, featured amidst other innovative start-ups at Viva Technology, France

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