Banking Industry

Aggregate potential cost savings for banks from AI applications is estimated at $447 billion by 2023 80% of banks are highly aware of the potential benefits presented by AI

For global banking, McKinsey estimates that AI technologies could potentially deliver up to $1 trillion of additional value each year

Use Cases

Widely used by industries

Sales & Marketing
Improve Sales using AI
Risk Management
AI helps eliminate Risks
Customer Experience
Manage Customers with AI

Sales & Marketing

  • Automated targeted marketing using Machine Learning & Deep Learning
  • Medium Analysing reviews and feedback for sentiments of customers with great accuracy
  • Social media and sentiment analysis of competitors Recommendation systems to choose policies and plans

Risk Management

  • Financial forecasting with default prediction with the use of Time Series prediction
  • Fraud detection using anomaly detection with better accuracy
  • Website downtime monitoring & optimization to ensure better website performance

Customer Experience

  • Automation of KYC processes with the help of Natural Language Processing algorithm
  • Document and cheque validation using NLP to ensure fast customer service
  • Insurance pricing and automated cost repair estimation with great accuracy & efficiency
Sales & Marketing
Improve Sales using AI
Risk Management
AI helps eliminate Risks
Customer Experience
Manage Customers with AI

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