Chioma Obinagwam
In line with its corporate strategy to drive transformation through its products, processes and services, First Bank Nigeria Limited, West Africa’s premier bank, has said it will play host to a 3-day FinTech summit themed: ‘the future of banking – the role of AI and big data.’
The bank said in a statement issued by the Group Head, Marketing & Corporate Communications, Folake Ani-Mumuney recently.
The event, she noted, is convened to increase technological support and collaboration with the tech community whilst deepening the Bank’s technological inclusion framework to improve its product offerings and services delivery experience.
“The FirstBank 2018 FinTech summit is scheduled to kick off with a 2-day coding competition – Hackathon – billed for Thursday and Friday 11th and 12th October 2018 whilst the summit holds Wednesday 17 October 2018 with over 700 Fintech players, key stakeholders and tech lovers in attendance,” she said.
“The Hackathon is projected to focus on Artificial Intelligence and Big Data. 10 teams will be contesting for the grand prize of N3 million in a competition to show off their technological and artificial intelligence capabilities with the second and third best teams carting away the sum of N1.5 million and N750 thousand respectively,” she continued.
The 10 teams, she disclosed, will also have an opportunity to showcase their solutions at the FinTech summit scheduled for 17th October 2018.
She, however, advised intending participants interested in attending the main event on 17th October 2018, to kindly to register and interact with the Bank on Instagram – @firstbanknigeria; twitter – @firstbankngr and First Bank of Nigeria Limited on Facebook.
First Bank is also a leading banking services solutions provider in Nigeria, with some 14 million customer accounts.
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