NongHyup Bank Successfully Concludes 'NH AI Idea Challenge'

On the 11th, NongHyup Bank announced that it held the final round and award ceremony for the 'NH AI Idea Challenge' at its headquarters.

This competition is a program designed to seek future financial innovation in the AI era by combining artificial intelligence (AI) technology with the creative ideas of young people. Over a period of three months starting in August, a total of 266 teams participated in fierce competition. After a document screening and mentoring from industry professionals, 12 teams advanced to the final round.

The grand prize was awarded to the 'WhoMakeThis' team for their presentation of 'My Schedule Is the Challenge [NH Challender]'. This team received high marks for their customized challenge idea that connects calendars with financial services. The top excellence award went to 'NH Smart Companion' (team name: Sogang Smart), a comprehensive counseling management service for both customers and bank employees. The excellence award was given to 'dRAG' (team name: Dr. Drag), which offers hyper-personalized financial marketing through customized phrases and chatbots. In total, 12 teams received awards.

At the 'NH AI Idea Challenge' award ceremony held at the NongHyup Bank headquarters on the 11th, Taeyoung Kang, President of NongHyup Bank, and attendees are taking a commemorative photo. NongHyup Bank

The winning teams received a total of 23 million won in prize money, including 10 million won for the grand prize and 5 million won for the top excellence award. NongHyup Bank mentors, who supported the growth of each team, also attended the ceremony, adding to its significance.

Taeyoung Kang, President of NongHyup Bank, stated, "Just as agriculture begins with a single seed, changes in the world also start with small ideas. The imagination and spirit of challenge shown by young people will be the driving force behind the future innovation of NongHyup Bank." He added, "NongHyup Bank will continue to accelerate AX to incorporate these innovative ideas into real business, providing customers with a higher level of service."

This content was produced with the assistance of AI translation services.