Huntington Bank Uses AI Hackathons to Push Staff Adoption
The US bank also runs ideathons and a 'Day of the Dead' session where failed attempts and their lessons are shared internally.
Huntington Bank is running company-wide hackathons in which employees spend two days building AI-based work solutions, many of which are then deployed in actual operations, according to digitaltoday.co.kr. The program is part of the US bank's effort to increase AI adoption among its staff.
The bank also holds "ideathon" sessions where business units and technical staff develop ideas together and present them to management and the board. In addition, it runs a program called "Day of the Dead" in which unsuccessful attempts and the lessons learned from them are shared across the organization.
Prithwis Mukhopadhyay, senior vice president and head of technology innovation at Huntington Bank, described the approach to the outlet. The bank's innovation team builds low-cost prototypes and proofs of concept to demonstrate practical utility, and the company has created an internal experimentation environment where employees can safely test AI tools.
Training and workforce oversight
Executives at the bank received hands-on training on solving specific situations with AI. The board is monitoring how employee retraining and job reassignment are handled during the AI rollout.
Vikram Sivakumar, a partner at Boston Consulting Group, also commented on corporate AI adoption efforts in the report.
Quick answers
What is Huntington Bank's AI hackathon?
It is a company-wide event where employees spend two days building AI-based work solutions, many of which are deployed in actual operations.
What is the 'Day of the Dead' program at Huntington Bank?
It is an internal program where unsuccessful attempts and the lessons learned from them are shared with employees.
Who leads technology innovation at Huntington Bank?
Prithwis Mukhopadhyay is senior vice president and head of technology innovation at the bank.