Conversational AI is having on modern banking and the benefits it brings to both financial institutions and their customers. Let's explore how "Conversational AI in Banking" is reshaping the financial landscape.
Banking Conversational UI, powered by artificial intelligence, redefines customer engagement in banking. It offers personalized, 24/7 access, streamlines tasks, and enhances efficiency. As technology advances, voice recognition and advanced AI will further elevate the banking experience, making it more intuitive and accessible for customers worldwide.
GPT for Banking, powered by OpenAI, is transforming the financial industry with improved customer service.
We, at Trustt, are excited to share a significant development in our journey. As a Khosla Ventures-backed company, we have decided to undergo a demerger, allowing us to focus exclusively on our banking software business while bidding farewell to our retail operations. Going forward, we proudly embrace the new identity of 'Trustt.' This strategic decision enables us to sharpen our focus on our best strengths - pioneering cutting-edge core banking softwares. Our retail payments business will now operate as Novopay Retail Solutions Pvt Ltd, dedicated to the Business-to-Consumer (B2C) channel.
In today's digital era, artificial intelligence (AI) has emerged as a game-changer, revolutionizing various industries by automating tasks, improving efficiency, and enhancing user experiences. One remarkable AI breakthrough is Chat GPT (Generative Pre-trained Transformer), a Chat based interface to a large language model that uses artificial intelligence algorithms to generate coherent and contextually relevant responses to user queries.
ChatGPT has the distinction of being the fastest-growing consumer application in history; it reached a hundred million monthly users, a mere two months after launch. Why are we all so enamored by ChatGPT
Banks have relied on on-premises software systems for decades, keeping their customer data and sensitive financial information locked away in private data centers. They have been wary of moving their operations to the cloud, mainly because of security concerns. Banks have been afraid that their sensitive financial data would be at risk if it were hosted on a cloud platform that they do not control.