Artificial intelligence (AI) has had a long relationship with financial services. However, as the technology gets smarter and acquires human-like capabilities, businesses like 3Line Card, a Super Agent, and mobile money provider, see it playing an integral role in addressing the challenges in the sector.
But to help see how penetrative AI can be, the company in collaboration with Medusa and Visum organised the Hackit Challenge, at Covenant University. The hackathon involved several teams, including Owo, Kiwipay, Quasars, Gavel, WeCare, and Recont, coming up with solutions that ease the different pain points that customers in financial services face. The teams were required to leverage AI to create their solutions.