November 03, 2024 00:02 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Andhra Pradesh: Three-year-old girl raped and murdered by relative in Tirupati | Two terrorists killed in encounter with security forces in Kashmir's Anantnag | Bengal: 5-year-old girl raped and murdered in Alipurduar, accused beaten to death by angry villagers | Kashmir: Encounter breaks out between security forces and terrorists in Srinagar | Mumbai Police initiates extradition process to bring back Lawrence Bishnoi's brother Anmol Bishnoi from US
Canara Bank unveils Data and Analytics Centre in Bengaluru
Canara Bank

Canara Bank unveils Data and Analytics Centre in Bengaluru

| @indiablooms | 03 Jan 2024, 12:44 am

Public sector lender Canara Bank has opened its new Data and Analytics Centre (DnA) in Bengaluru city.

K. Satyanarayana Raju, MD&CEO of the Bank, said, "We have been at the forefront when it comes to leveraging Analytics for improving customer experience and operations. By establishing this facility, we consolidate our position and embrace a future of data-driven banking. AI is reshaping our lives in unprecedented ways and we are committed to adopting to spur Business growth, while ensuring data privacy and security. The world is exciting with the ethical use of AI, and we are right there."

The Bank also held the final of its DACOETHON – Data Analytics Centre of Excellence Hackathon, where finalists from across the country competed over themes of customer experience, fraud prevention and default prediction.

The teams presented their prototypes which were evaluated by a technical jury.

The winners were awarded cash incentives.

The Canara Bank hackathon event, (DACOE-THON), was held from October 20 to Nove 5. 

Among the participants, 256 innovative ideas were selected to advance to the next phase.

From November 13 to 30, 24 prototypes emerged as standout solutions, paving the way for the subsequent presentations.

On December 5, 11 prototypes showcased their potential, leading to the selection of 5 finalists for the ultimate event.

Finally, on January 1, 2024, these top 5 contenders delivered presentations at the hackathon finale.

 

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.