Global IME Bank AI/ML Hackathon: Digital Banking Innovation 2025
4th March 2025, Kathmandu
Global IME Bank is set to launch its first-ever AI/ML Hackathon focused on Artificial Intelligence (AI) and Machine Learning (ML). The competition aims to drive innovation in banking services by encouraging new AI-based solutions.
Global IME Bank AI/ML Hackathon
This event targets students, startups, developers, data scientists, and researchers. It provides a platform to create AI-powered banking solutions that enhance digital banking services in Nepal.
Encouraging Innovation in Digital Banking
The hackathon will help identify potential banking services and address challenges in digital banking. Participants will propose AI-driven solutions to improve security, customer experience, and banking operations.
Global IME Bank hopes to inspire young talents and tech professionals to contribute to Nepal’s growing digital finance sector. The event will encourage participants to think creatively and develop practical AI applications for banking.
Competition Structure and Registration
The hackathon will be conducted in two phases:
Online Paper Submission: Participants must submit their ideas online by April 4, 2025, through the bank’s official website.
Onsite Hackathon: Shortlisted teams will compete in the final round on May 1, 2025, where they will work on AI-based solutions.
The best teams will win cash prizes and an opportunity to collaborate with Global IME Bank.
Bank’s Commitment to Digital Transformation
Global IME Bank is committed to enhancing technology-driven financial services. This hackathon aligns with the bank’s goal of making digital banking more effective and customer-friendly.
By hosting this event, the bank hopes to promote AI-based financial solutions and support Nepal’s digital economy. The competition will serve as a platform for creative problem-solving and innovation.
Recognitions and Banking Network
Global IME Bank has earned international recognition. It won Global Finance’s Best Bank Award 2024 and Euromoney’s Award for Excellence 2024. The bank has received multiple national and global honors for its financial services.
As Nepal’s first private commercial bank to operate in all 77 districts, Global IME Bank has a vast network. It runs 355 branches, 385 ATMs, 237 branchless banking services, 67 revenue collection counters, and three foreign representative offices.
Expanding Financial and Remittance Services
The bank serves both domestic and international customers. It facilitates remittances from the USA, UK, Canada, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar, UAE, Bahrain, Kuwait, India, Jordan, and other countries.
By organizing this AI/ML hackathon, Global IME Bank continues its mission to modernize banking through technology and innovation. The event is expected to play a key role in shaping the future of Nepal’s digital banking landscape.
For more: Global IME Bank AI/ML Hackathon
