The code competition of the year

Develop the future of circular e-commerce together with Consid and Ikano Bank.

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Competition info

Considition 2024 is focus on the finance and loan market. The competing teams will take on the role of Ikano Bank and create an algorithm to enable automatic loan application assessment. The competition consists of several stages, each with increasing challenges, such as high-risk customers where the bank faces the risk of losing money in the short term, a healthy economy, or similar scenarios.

By testing the algorithm rigorously throughout the competition period, the goal is to find a model that uses AI and Machine Learning to evaluate financing and loans to maximize sustainable impact on three levels: ecological, social, and economic. The premise is to optimize financial decisions through AI and ML while maximizing sustainable solutions based on Ikano Bank's business idea:

We create possibilities for better living by offering simple, fair and affordable services, enabling a healthy economy for the many people and businesses .

When & where?

You are welcome to join us at any of the open offices, regardless of where you work or study. As a contestant, you will be provided with food and beverages for free. Pick your desired location when signing up.

The competition is, of course, available online as well. The competition is held between October 28th and November 7th. The final night, where you’re welcome to our venues, take place on November 7th.

Who can participate?

Everyone is welcome to participate in Considition, no matter if you’re a first-year student or a senior developer, working in private or public sector, living inside or outside Sweden or are willing to compete at home or at any of our venues in Sweden. You sign up in teams of one or two people.

We will provide you with introductory material and articles on the technological skills needed to create a solution. Starter kits will be provided in order for you to get the best out of the hackathon. This is probably one of the best ways to start learning AI and algorithmic development. Sign up to learn more about AI.