ST. PETERSBURG, Fla. (8/21/12)--PSCU is hosting a hackathon at the credit union service organization's (CUSO) MōPRO Innovation Lab in St. Petersburg, Fla. on Oct. 19-20.
The event, dubbed KnockOut 2012, gives design teams 24 hours to produce a viable proof of concept or working demo of a service, solution or process that promises to deliver real, cutting edge value for credit unions and/or their members.
Hackathons are typically all-night contests where team members collaborate to build or design a prototype of a product, which is then presented to a panel of judges to determine the idea with the greatest value.
For KnockOut 2012, PSCU judges will select up to three semifinalists, who will then present their concepts to PSCU's staff at one of the company's employee town hall meetings. PSCU employees will vote to select the winning team, whose members will receive an all-expense-paid cruise. Second- and third-place teams also will earn prizes.
PSCU KnockOut 2012 is open to all PSCU employees and employees of the CUSO's member-owner credit unions. KnockOut organizers also have arranged for competing teams to participate remotely if they cannot travel to the company's St. Petersburg, Fla. headquarters.