Intelligent CIO Africa Issue 40 | Page 66

INDUSTRY WATCH TOGETHER WE ARE PROVIDING ABSA CUSTOMERS A MORE PERSONALISED, DIGITAL BANKING EXPERIENCE THAT NO OTHER BANK IN THE REGION CAN OFFER.” channel capable, intelligent human-like virtual assistants that: • Increase digital engagement, leading to more immersive Conversational AI experiences • Increase brand loyalty and banking value by delivering financial well-being related insights • Reduce call centre operating costs while empowering customers to selfserve through AI is an important market for us,” said Zor Gorelov, CEO and Co-Founder, Kasisto. “We are also delighted to be working with our partners at Blue Turtle who bring local technical expertise and know-how as we all work together to enable ARO to leverage the power of Conversational AI.” Justin Arnoldi, Head of Digital Transformation at Blue Turtle, said: “Our passion for innovation, customer success and our partnership with Kasisto, made us a great partner for ARO as they bring a new digital banking experience, based on a Conversational AI powered and industry leading virtual assistant to their customers. Our strategy is to help banks like Absa integrate meaningful digital solutions that help them to engage, transact, gain insight and more accurately predict customer behaviour. We look forward to working with Kasisto and ARO to bring further digital possibilities to life.” In addition to Absa; Manulife, DBS Bank, Standard Chartered Bank, TD, Emirates NBD’s Liv, and many other financial institutions use KAI to deliver intelligent virtual assistants and digitally immersive banking experiences to their clients. These experiences have proven to deliver impressive business outcomes by engaging with customers via omni “The maturing of Conversational AI technology is coming at a critical time for the financial services industry. Financial institutions are increasingly challenged to meet rising customer expectations while managing costs. Conversational AI is enabling financial institutions to strike a balance between personalisation and cost to serve,” said Alenka Grealish, Senior Analyst at Celent. “Among the Conversational AI vendors, Kasisto stands out for its strong understanding of the nuances of banking-related conversations and customer intents which helps financial institutions deliver new and important digital capabilities to their customers.” • 66 INTELLIGENTCIO www.intelligentcio.com