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

Case Study

Explore our Case Study

Vehicle Tracking

The team faced problems in maintaining the record of vehicles and was unsure if all protocols …Read more

May 10, 2022
Chemical
Product Counting

The logistics team was facing issues in getting complete visibility of the inventory, products…Read more

March 24, 2022
Oil & Energy
Recommendation System

The R&D team currently takes months and even years to create a new recipe or make changes …Read more

June 24, 2022
Chemical

Blogs

Explore our blogs

Benefits of AI in the Education Industry [2022]

The Education sector is one of the most affected sectors due to the pandemic situation as…Read more

Nov. 12, 2021
Education
AI in FMCG Industry: 11+ Use Case [2022]

Artificial intelligence (AI) is an emergent branch of Computer Science concerned with automati…Read more

Nov. 15, 2021
FMCG
AI for Oil and Gas industries - 3 ways Video Analytics ensures safety & security

The most valuable commodity that is found all around the world is Oil, Gas & Energy. Witho…Read more

March 30, 2022
Oil & Gas