Banking News – Global IME Bank Limited is set to organize its first-ever hackathon focused on Artificial Intelligence (AI) and Machine Learning (ML). Titled ‘Global IME AI & ML Hackathon’, the competition aims to encourage students, startups, developers, data scientists, and researchers to develop innovative banking solutions using cutting-edge technology.

The hackathon will not only foster innovation in digital banking services but also address potential challenges in the sector. Participants will be required to present their ideas on predefined themes set by the bank. The best-performing teams will receive cash prizes and an opportunity to collaborate with the bank.

Committed to promoting technology-driven financial services, Global IME Bank believes this hackathon will play a crucial role in enhancing digital banking efficiency by encouraging innovative ideas. Interested participants can register via the bank’s official website.

The competition will be conducted in two phases:

• Phase 1: Online paper submission (deadline: April 4, 2025)
• Phase 2: On-site hackathon (scheduled for May 1, 2025)

Global IME Bank has been recognized as Nepal’s Best Bank under two prestigious awards: Global Finance’s Best Bank Award 2024 and Euromoney Award for Excellence 2024. The bank has also received multiple national and international accolades for its outstanding performance in various financial sectors.

As Nepal’s first private commercial bank with a nationwide presence, Global IME Bank operates 355 branches, 385 ATMs, 237 branchless banking units, 67 extension and revenue collection counters, and 3 international representative offices, delivering top-notch services through over 1,100 service centers across the country.

In addition to providing banking services to Nepali citizens, the bank also facilitates remittance services from various countries, including the USA, the UK, Canada, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar, UAE, Bahrain, Kuwait, India, Jordan, and more.