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Zenith Bank Tech Fair to review AI in finance

The fourth edition of the Zenith Bank Tech Fair scheduled to hold on Thursday, November 21, at Victoria Island, Lagos, will refocus the impact of artificial intelligence (AI) on finance, the bank has announced.

Zainab AdeyemibyZainab Adeyemi
19/11/2024
in Market Updates
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Dr. Adaora Umeoji, GMD/CEO of Zenith Bank, is seen in the photo. The fourth edition of the Zenith Bank Tech Fair scheduled to hold on Thursday, November 21, at Victoria Island, Lagos, will refocus the impact of artificial intelligence (AI) on finance, the bank has announced.

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The fourth edition of the Zenith Bank Tech Fair scheduled to hold on Thursday, November 21, at Victoria Island, Lagos, will refocus the impact of artificial intelligence (AI) on finance, the bank has announced.

The tech fair, themed, ‘Embedded Finance, Cybersecurity & Growth Imperative – The Impact of AI,’ will bring together industry leaders to share insights on integrating technology into everyday life.

According to a statement from the bank, the fair “aims to help people understand and utilise emerging technologies to enhance various aspects of human life.”

The event will feature live presentations by leading local and international tech leaders, exhibitions showcasing innovations by Fintechs, IT companies and Startups, along with a Zecathon for startups and tech enthusiasts to present new tech solutions. The most impactful ideas from the Zecathon will be awarded grants and additional support, the bank says.

Outlook of the Zenith Bank Tech Fair

The Zenith Bank Tech Fair is set to lead the adoption of emerging technologies across various industries in Nigeria to enhance business operations and everyday life, the bank says. As Nigeria continues to break bounds in the global tech space, this event shows the nation’s role in embracing technological innovation.

The financial sector, in particular, has seen banks adopt technology to meet the evolving market needs and better serve their customers, demonstrating technology as an indispensable tool for the banking industry.

More broadly, the fair provides a platform for startups and tech experts to present their ideas to industry leaders, compete for grants, and gain the support needed to transform their innovations into impactful solutions. Previous participants have demonstrated how an opportunity like the tech fair can serve as a stepping stone for creating technologies that benefit society at large.

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Zenith Bank Tech Fair: Future forward

The tech fair which held its first edition, ‘Future Forward’, in 2019 has continued to connect people to think digital solutions.

The 2019 event featured a hackathon where Octave Analytic Limited, a data analytic company, emerged as the winner, receiving ₦10 million. The event, which was paused due to the COVID-19 pandemic resumed in 2022 with the theme ‘Future Forward 2.0.’ The ‘2.0’ edition, and also featured a hackathon, with Ecotutu, a cleantech company, winning ₦20 million.

Tags: Zenith BankAdaora Umeojinigeria technology newsZenith Bank Tech FairZenith Bank Tech Fair 2024
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