{"id":12236,"date":"2016-07-08T15:47:08","date_gmt":"2016-07-08T13:47:08","guid":{"rendered":"http:\/\/cms.munich-startup.net\/?p=12236"},"modified":"2019-04-16T10:18:19","modified_gmt":"2019-04-16T08:18:19","slug":"finance-award","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/","title":{"rendered":"TUM students win FinTech project at Finance Award"},"content":{"rendered":"<div class=\"entry-content\"><p><strong>Students of the <a href=\"http:\/\/www.tum.de\/\" target=\"_blank\" rel=\"noopener\">Technical University of Munich <\/a>(TUM) celebrated their victory at the Postbank Finance Award \u2013 Germany&#039;s most highly endowed university prize in the field of banking and finance. The team can look forward to receiving \u20ac50,000 in prize money. The 13th Finance Award was themed &quot;Megatrend Digitalization: How Information Technologies and Social Media Influence Banks&#039; Business Models.&quot;<\/strong><\/p>\n<p>The team from the Chair of Business Information Systems at the Technical University of Munich, consisting of Gabriela Galic, Christian Olenberger, Maximilian Siegert, Andreas Sperling and Florian Zyprian, convinced the jury with a work that was awarded the title <strong>\u201cLearning to love FinTechs\u201d<\/strong> carries.<\/p>\n<p>Together with their lecturer Dr. Markus B\u00f6hm, the students from the Technical University of Munich comprehensively presented, analyzed, and systematized the market for financial technology companies (FinTechs). They examined the FinTechs&#039; business models for their specific strengths and weaknesses and related them to the business model of a typical German universal bank.<\/p>\n<p>They were able to identify how FinTechs can compete with, cooperate with, or complement banks. They also calculated the impact of such relationships on the model bank&#039;s value flow networks. From this, the team ultimately derived compelling recommendations for the actions of universal banks.<\/p>\n<h3>Opportunities of digitalization<\/h3>\n<blockquote><p>\u201cThe students\u2019 work impressively demonstrates how important it is for Postbank to fully utilize the opportunities offered by digitalization,\u201d<\/p><\/blockquote>\n<p>said <strong>Frank Strauss<\/strong>, CEO of Postbank and patron of the award.<\/p>\n<blockquote><p>&quot;It&#039;s not enough for us to offer our customers digitalized products and services at the highest technical level. Rather, they expect services from us that are only possible through personal contact. In addition to intelligent technologies, digitalization can also provide us with the cost advantages and time savings necessary to be personally available to our customers where they really need us.&quot;<\/p><\/blockquote>\n<p>The second prize, endowed with \u20ac25,000, went to the University of Regensburg. Students from the University of Bayreuth received the third prize and \u20ac15,000. The special prize, endowed with \u20ac20,000, for a work with a particularly convincing application orientation, went to Weserbergland University of Applied Sciences.<\/p>\n<p>A total of 25 student teams from 25 universities and colleges in Germany participated in the competition. The winners were selected by a nine-member jury from academia and industry, chaired by Prof. Dr. Erik Theissen of the University of Mannheim.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Students at the Technical University of Munich (TUM) celebrated a major success at the Postbank Finance Award \u2013 Germany&#039;s most highly endowed university prize in the field of banking and finance. The team received \u20ac50,000 in prize money. The 13th edition of the Finance Award focused on the theme &quot;Digitalization Megatrend: How Information Technologies...<\/p>","protected":false},"author":3,"featured_media":12369,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,5635,78],"tags":[80,162,186,252,249],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TUM-Studenten r\u00e4umen mit FinTech Projekt bei Finance Award ab - Munich Startup<\/title>\n<meta name=\"description\" content=\"TUM-Studenten r\u00e4umten beim Postbank Finance Award ab: Mit ihrem FinTech Projekt belegten sie den ersten Platz und gewannen 50.000 Euro.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TUM-Studenten r\u00e4umen mit FinTech Projekt bei Finance Award ab - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"TUM-Studenten r\u00e4umten beim Postbank Finance Award ab: Mit ihrem FinTech Projekt belegten sie den ersten Platz und gewannen 50.000 Euro.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/\" \/>\n<meta property=\"og:site_name\" content=\"Munich Startup\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/munichstartup\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/profile.php?id=100009572160192\" \/>\n<meta property=\"article:published_time\" content=\"2016-07-08T13:47:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-16T08:18:19+00:00\" \/>\n<meta name=\"author\" content=\"Florian Deglmann\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@FlorianDeglmann\" \/>\n<meta name=\"twitter:site\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Florian Deglmann\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/\",\"url\":\"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/\",\"name\":\"TUM-Studenten r\u00e4umen mit FinTech Projekt bei Finance Award ab - Munich Startup\",\"isPartOf\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2016\/07\/FinTech-e1467729250519.jpg\",\"datePublished\":\"2016-07-08T13:47:08+00:00\",\"dateModified\":\"2019-04-16T08:18:19+00:00\",\"author\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/2371b77bb47cd783e9e1f88e88d9f251\"},\"description\":\"TUM-Studenten r\u00e4umten beim Postbank Finance Award ab: Mit ihrem FinTech Projekt belegten sie den ersten Platz und gewannen 50.000 Euro.\",\"breadcrumb\":{\"@id\":\"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/#primaryimage\",\"url\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2016\/07\/FinTech-e1467729250519.jpg\",\"contentUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2016\/07\/FinTech-e1467729250519.jpg\",\"width\":840,\"height\":466,\"caption\":\"Postbank Finance Award\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cms.munich-startup.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TUM-Studenten r\u00e4umen mit FinTech Projekt bei Finance Award ab\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cms.munich-startup.net\/#website\",\"url\":\"https:\/\/cms.munich-startup.net\/\",\"name\":\"Munich Startup\",\"description\":\"Das offizielle Startup-Portal f\u00fcr M\u00fcnchen\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cms.munich-startup.net\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/2371b77bb47cd783e9e1f88e88d9f251\",\"name\":\"Florian Deglmann\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1e3087740aeaedbec23f0c7300f1beeb?s=96&d=blank&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1e3087740aeaedbec23f0c7300f1beeb?s=96&d=blank&r=g\",\"caption\":\"Florian Deglmann\"},\"description\":\"Der Exil-N\u00fcrnberger erforschte bis April 2019 als Redakteur die M\u00fcnchner Startup-Szene.\",\"sameAs\":[\"http:\/\/cms.munich-startup.net\",\"https:\/\/www.facebook.com\/profile.php?id=100009572160192\",\"https:\/\/x.com\/FlorianDeglmann\"],\"url\":\"https:\/\/cms.munich-startup.net\/en\/author\/deglmann\/\"}]}<\/script>\n<meta property=\"og:image\" content=\"https:\/\/cms.munich-startup.net\/en\/wp-content\/uploads\/2016\/07\/FinTech-e1467729250519.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"840\" \/>\n\t<meta property=\"og:image:height\" content=\"466\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"TUM students win FinTech project at Finance Award - Munich Startup","description":"TUM students won the Postbank Finance Award: With their FinTech project, they took first place and won 50,000 euros.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/","og_locale":"en_US","og_type":"article","og_title":"TUM-Studenten r\u00e4umen mit FinTech Projekt bei Finance Award ab - Munich Startup","og_description":"TUM-Studenten r\u00e4umten beim Postbank Finance Award ab: Mit ihrem FinTech Projekt belegten sie den ersten Platz und gewannen 50.000 Euro.","og_url":"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/","og_site_name":"Munich Startup","article_publisher":"https:\/\/www.facebook.com\/munichstartup\/","article_author":"https:\/\/www.facebook.com\/profile.php?id=100009572160192","article_published_time":"2016-07-08T13:47:08+00:00","article_modified_time":"2019-04-16T08:18:19+00:00","author":"Florian Deglmann","twitter_card":"summary_large_image","twitter_creator":"@FlorianDeglmann","twitter_site":"@munich_startup","twitter_misc":{"Written by":"Florian Deglmann","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/","url":"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/","name":"TUM students win FinTech project at Finance Award - Munich Startup","isPartOf":{"@id":"https:\/\/cms.munich-startup.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/#primaryimage"},"image":{"@id":"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/#primaryimage"},"thumbnailUrl":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2016\/07\/FinTech-e1467729250519.jpg","datePublished":"2016-07-08T13:47:08+00:00","dateModified":"2019-04-16T08:18:19+00:00","author":{"@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/2371b77bb47cd783e9e1f88e88d9f251"},"description":"TUM students won the Postbank Finance Award: With their FinTech project, they took first place and won 50,000 euros.","breadcrumb":{"@id":"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/#primaryimage","url":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2016\/07\/FinTech-e1467729250519.jpg","contentUrl":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2016\/07\/FinTech-e1467729250519.jpg","width":840,"height":466,"caption":"Postbank Finance Award"},{"@type":"BreadcrumbList","@id":"https:\/\/cms.munich-startup.net\/en\/12236\/finance-award\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cms.munich-startup.net\/"},{"@type":"ListItem","position":2,"name":"TUM-Studenten r\u00e4umen mit FinTech Projekt bei Finance Award ab"}]},{"@type":"WebSite","@id":"https:\/\/cms.munich-startup.net\/#website","url":"https:\/\/cms.munich-startup.net\/","name":"Munich Startup","description":"The official startup portal for Munich","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cms.munich-startup.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/2371b77bb47cd783e9e1f88e88d9f251","name":"Florian Deglmann","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cms.munich-startup.net\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1e3087740aeaedbec23f0c7300f1beeb?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1e3087740aeaedbec23f0c7300f1beeb?s=96&d=blank&r=g","caption":"Florian Deglmann"},"description":"The exiled Nuremberg resident researched the Munich startup scene as an editor until April 2019.","sameAs":["http:\/\/cms.munich-startup.net","https:\/\/www.facebook.com\/profile.php?id=100009572160192","https:\/\/x.com\/FlorianDeglmann"],"url":"https:\/\/cms.munich-startup.net\/en\/author\/deglmann\/"}]},"og_image":[{"width":840,"height":466,"url":"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2016\/07\/FinTech-e1467729250519.jpg","type":"image\/jpeg"}]},"_showyear":"","_inactive":"","_show_financing":"","_hide_on_map":"","_edit_lock":"1555402569:3","_edit_last":"3","_yoast_wpseo_focuskw":"Finance Award","_yoast_wpseo_metadesc":"TUM-Studenten r\u00e4umten beim Postbank Finance Award ab: Mit ihrem FinTech Projekt belegten sie den ersten Platz und gewannen 50.000 Euro.","_yoast_wpseo_linkdex":"88","_thumbnail_id":"12369","wbounce_status":"default","_yoast_wpseo_primary_category":"5635","_yoast_wpseo_focuskw_text_input":"Finance Award","_yoast_wpseo_content_score":"60","ms_image_format":"","_ms_image_format":"","ms_dachzeile":"","_ms_dachzeile":"","ms_bump_post_date":"","_ms_bump_post_date":"","guest_author_name":"","_guest_author_name":"","guest_author_image":"","_guest_author_image":"","guest_author_description":"","_guest_author_description":"","ms_post_image_caption":"","_ms_post_image_caption":"","ms_post_image_credit":"","_ms_post_image_credit":"","suppress_startupbox":"","_suppress_startupbox":"","_yoast_wpseo_estimated-reading-time-minutes":"","_wp_old_date":"","_yoast_wpseo_title":"","_yoast_wpseo_wordproof_timestamp":"","footnotes":"","easy_language_simplification_original_id":"","easy_language_source_language":"","easy_language_simplification_language":"","easy_language_api":"","easy_language_prevent_automatic_mode":"","_wp_old_slug":"","_wp_trash_meta_status":"","_wp_trash_meta_time":"","easy_language_simplification_state_changed_from":"","easy_language_de_EL_changed":"","ms_competition_deadline":"","_ms_competition_deadline":"","_wpbitly":"","enclosure":"","_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","wbounce_template":"","wbounce_title":"","wbounce_text":"","wbounce_cta":"","wbounce_url":"","wbounce_override":"","_yoast_wpseo_opengraph-title":"","_yoast_wpseo_opengraph-description":"","_oembed_7131efca3705e16bd9da2c41df237660":"","_oembed_time_7131efca3705e16bd9da2c41df237660":"","_pprredirect_type":"","_pprredirect_url":"","_yoast_wpseo_opengraph-image":"","_yoast_wpseo_opengraph-image-id":"","_newsletterglue":"","easy_language_text_language":"","_wp_desired_post_slug":"","_relevanssi_noindex_reason":"","_links":{"self":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts\/12236"}],"collection":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/comments?post=12236"}],"version-history":[{"count":0,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/posts\/12236\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/media\/12369"}],"wp:attachment":[{"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/media?parent=12236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/categories?post=12236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cms.munich-startup.net\/en\/wp-json\/wp\/v2\/tags?post=12236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}