# Synechron to Host SyneHack 201.7 – The First-ever AI Hackathon to Improve the Future of Banking  Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2017-03-23 Category: NEWS Category URL: https://financedigest.com/category/news Meta Title: Synechron Inc. announces SyneHack 201.7 AI Hackathon for Meta Description: Unleash the power of AI at the Synechron Hackathon to build futuristic banking solutions. Win prizes up to INR 2,50,000! Register now. URL: https://financedigest.com/synechron-to-host-synehack-201-7-the-first-ever-ai-hackathon-to-improve-the-future-of-bankinghtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/businessman-shows-gear-to-s-1-1736844050322-compressed.jpg) _Hackathon aimed at building the most innovative banking solutions_ [Synechron Inc.](http://www.synechron.com/), a global financial services consulting and technology services provider, has today announced it will be conducting its first-ever hackathon – SyneHack 201.7 to address challenges of the Artificial Intelligence world. SyneHack 201.7 will be hosted in association with HackerEarth and will provide participants a chance to contribute to the financial services industry that is undergoing a phase of digital transformation. SyneHack 201.7 is a 24-hour hackathon that calls for developers to create an application that can process structured and unstructured data to eventually predict if a customer is satisfied or dissatisfied with their banking experience. Registrations for [SyneHack 201.7](https://www.hackerearth.com/sprints/synechron-hackathon/) are now open and acceptance of submissions will conclude on Sunday, April 9, 2017. SyneHack 201.7 will conclude with an onsite event scheduled for April 22–23, 2017 in Bengaluru. Participants will be eligible to [win prizes](https://www.financedigest.com/banking-crisis-breakthroughs-win-nobel-economics-prize-for-bernanke-diamond-dybvig.html "Banking crisis breakthroughs win Nobel economics prize for Bernanke, Diamond, Dybvig") of up to INR 2,50,000/=. The [winners of the hackathon will be announced](https://www.financedigest.com/adverty-announced-as-winner-in-techarenan-challenge-2021.html "Adverty announced as winner in Techarenan Challenge 2021") on Sunday, April 23, 2017. Faisal Husain, Co-founder and CEO, Synechron, said, “Synechron always has been [driving innovation](https://www.financedigest.com/the-future-of-fintech-startups-driving-innovation-and-investment.html "The Future of Fintech Startups: Driving Innovation and Investment") to the next level by unleashing the ‘Power of 3’ – Digital, Business Consulting, and Technology. In [line with our commitment to innovation](https://www.financedigest.com/the-plant-based-snacks-market-to-move-along-the-lines-of-staunch-advocacy-towards-innovation.html "The Plant Based Snacks Market To Move Along The Lines Of Staunch Advocacy Towards Innovation"), we are thrilled to be associated with HackerEarth and establish our very first AI Hackathon – SyneHack 201.7. The hackathon is ideally designed to demonstrate the prowess of proven technologies like [Artificial Intelligence](https://www.financedigest.com/artificial-intelligence-in-banking-magazine.html "Artificial Intelligence in Banking Magazine") and similar cutting-edge technologies and how they bring in a plethora of opportunities to the financial services industry. I am sure such initiatives would lay the foundation for the evolution of the [bank](https://www.financedigest.com/what-is-the-future-of-banking-in-the-metaverse.html "What is the future of banking in the metaverse?") of the future.” In any bank, customer satisfaction is a [key measure of success](https://www.financedigest.com/mvp-for-startups-the-key-to-success.html "MVP for startups: the key to success"). Unhappy customers don’t [stick around](https://www.financedigest.com/the-medical-device-technologies-market-to-stick-around-based-on-organic-expansion.html "The Medical Device Technologies Market to stick around based on organic expansion") and rarely voice their dissatisfaction before leaving. Synechron aims to address this very challenge through SyneHack 201.7. [Synechron’s cutting-edge solutions for Artificial Intelligence](https://www.financedigest.com/artificial-intelligence-goes-global-demand-for-ai-reaches-four-continents-in-three-months-new-figures-from-synechron-show.html "Artificial Intelligence goes global: demand for AI reaches four continents in three months, new figures from Synechron show") and Blockchain utilize its Digital, Business Consulting, and Technology expertise and ensure real-time benefits, centered on strategic business challenges faced by financial institutions today. Technologies like Open APIs, [Artificial Intelligence](https://www.financedigest.com/types-of-artificial-intelligence.html "Artificial Intelligence"), AR and VR, Bots, Big Data, Blockchain, and IoT will form the basis of tomorrow’s economy. The [banks of tomorrow must be able to help customers navigate this new economy](https://www.financedigest.com/two-speed-economy-in-sweden-central-bank-business-survey-shows.html "Two-speed economy in Sweden, central bank business survey shows") in a safe and comfortable way, while giving them access to advantages of new technologies. This hackathon [aims to seek](https://www.financedigest.com/lilium-aims-to-build-400-air-taxis-a-year-seek-grants.html "Lilium aims to build 400 air taxis a year, seek grants") and promote new services, technologies, and ways of working with customers that are aligned with what customers expect from a modern bank,” said Sachin Gupta, CEO and Co-founder, HackerEarth. --- This blog is powered by Superblog. 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