AI & Chatbot Learning Center

Perspectives/Blog

May 10, 2018

As we head into the last days of the year, every industry pundit with an ounce of self-respect is rushing to come up with predictions for the new year. While we’d love to join the prediction party, as a predictive analytics company we take predictions very seriously. So before we rush to look into our crystal ball, let’s first see how some of the predictions for 2017 turned out…

December 19, 2017

As we head into the last days of the year, every industry pundit with an ounce of self-respect is rushing to come up with predictions for the new year. While we’d love to join the prediction party, as a predictive analytics company we take predictions very seriously. So before we rush to look into our crystal ball, let’s first see how some of the predictions for 2017 turned out…

October 23, 2017

How can we use ‘nudging’ to help people make better decisions? By making it easy for people to make smart choices, we can ‘nudge’ them towards better financial decisions. The key is to present people with small steps that are easy to understand, easy to act on, and have low level of risk. To be effective, ‘nudges’ should be tailored to each person and delivered in the right context and time.

August 17, 2017

It wasn’t too long ago when artificial intelligence (AI) and chatbots were viewed as merely a futuristic fantasy by most financial services executives. These days, chatbots and AI occupy the headlines of every banking publication and conference; they are a topic of conversation at boardrooms regardless of the language spoken; and newly-formed committees and task forces at financial institutions of all sizes are scrambling for answers.

August 7, 2017

It wasn’t too long ago when artificial intelligence (AI) and chatbots were viewed as merely a futuristic fantasy by most financial services executives. These days, chatbots and AI occupy the headlines of every banking publication and conference; they are a topic of conversation at boardrooms regardless of the language spoken; and newly-formed committees and task forces at financial institutions of all sizes are scrambling for answers.

July 24, 2017

It wasn’t too long ago when artificial intelligence (AI) and chatbots were viewed as merely a futuristic fantasy by most financial services executives. These days, chatbots and AI occupy the headlines of every banking publication and conference; they are a topic of conversation at boardrooms regardless of the language spoken; and newly-formed committees and task forces at financial institutions of all sizes are scrambling for answers.

April 19, 2017

It wasn’t too long ago when artificial intelligence (AI) and chatbots were viewed as merely a futuristic fantasy by most financial services executives. These days, chatbots and AI occupy the headlines of every banking publication and conference; they are a topic of conversation at boardrooms regardless of the language spoken; and newly-formed committees and task forces at financial institutions of all sizes are scrambling for answers.

April 17, 2017

Not all are convinced that AI will usher in a golden age for financial institutions. KPMG believes that by 2030 banks will become invisible to customers, hidden behind Siri-like personal assistants that carry out all of our personal and financial obligations. So how can banks use AI to strengthen customer relationships to avoid this situation?

March 29, 2017

A recent survey conducted by Personetics shows that almost half of the financial institutions surveyed have active chatbot projects in place, and more than three quarters expect it to be a viable commercial solution within the next two years. Capital One is the latest to join the bot party with “Eno”, which allows customers to get balance, transaction history, and pay bills. That’s a nice start, but is it enough to make the bot attractive and useful to users?

March 14, 2017

A recent survey conducted by Personetics shows that almost half of the financial institutions surveyed have active chatbot projects in place, and more than three quarters expect it to be a viable commercial solution within the next two years. Capital One is the latest to join the bot party with “Eno”, which allows customers to get balance, transaction history, and pay bills. That’s a nice start, but is it enough to make the bot attractive and useful to users?

BotBrief

November 7, 2016

While chatbots for banks are new and will take time to mature, there are several key requirements they must be able to accomplish in order to be seen as useful and trusted by customers when it comes to their finances.

November 7, 2016

“Omnichannel” is not a term the financial services industry can push off as a buzzword—it’s a business necessity for traditional institutions aiming to survive the digital disruption.

August 22, 2016

Despite the ongoing efforts of banks to attract millennials, the ways that banks engage with this rising generation are failing to make an impression. According to Gallup, only 23% of millennials are actively engaged with their banks, making millennials the least engaged generation. Considering that fully engaged customers bring considerable benefits and higher revenues – this is a big problem for banks.

Webinars

October 18, 2017

3 out of 5 consumers are looking for help building up their savings with automated programs. Will your bank step up to the challenge?

May 22, 2017

Chatbots can reduce costs, improve the customer experience, and reduce errors – they can even clean your oven! Or so goes the hype...

March 24, 2017

In the not-so-distant future, AI and other technologies could make banking invisible to the consumer. While this may sound exciting to some, it’s a scary proposition for banks, who are facing the risk of being relegated to the role of a utility.

June 29, 2016

Techcrunch recently said: "Facebook messenger’s chatbots will have a significant impact on banking, as a majority of banking services could be automated through simple chat request like 'what is my daily spending limit until my next paycheck' or 'approve and pay my outstanding bills'". Like it or not, your bank customers spend much more time on their messaging app than they’ll ever spend on your bank’s app.

Press Releases

March 20, 2017

Using real-time analysis of customer data combined with high-quality Natural Language Understanding, the Personetics Cognitive Chatbot is able to interpret customers’ intent in the context of their personal financial situation, conducting an intelligent conversation that accurately responds to service requests and proactively offers personalized guidance.

September 8, 2016

Personetics, the leading provider of personalized digital guidance solutions for the financial industry, announced the launch of an industry-first, AI-powered chatbot that can be used by financial institutions to provide customers with analytics-driven savings advice through a variety of digital channels.

August 31, 2016

Personetics, the leading provider of personalized digital guidance solutions for the financial industry, will be demonstrating its Personetics Anywhere™ chatbot solution at FinovateFall, the industry’s most prominent stage for FinTech innovations.

Videos

March 30, 2018

Nationwide's MoneyWatch uses artificial intelligence to offer customers insights on spending patterns, future expenses, low balances, and more.

February 22, 2018

Wells Fargo’s new predictive banking feature, powered by artificial intelligence, is one of a number of innovations the company is introducing to help customers seamlessly manage their financial lives and improve financial health.

October 3, 2017

NOMI Insights™ provide personalized, timely and relevant tips to help customers stay on top of their day-to-day finances. NOMI Find & Save™ provides an effortless way to maximize savings while ensuring that sufficient funds are available to cover future expenses.

July 28, 2017

Personetics’ CEO David Sosna presented our solution at the 2016 Finovate Fall NY conference alongside more than 50 other companies. Watch the demo video to see how Personetics is helping over 15 million digital users of the world’s leading financial institutions receive personalized, real-time, relevant guidance at each step along the customer journey.

September 27, 2016

Personetics’ CEO David Sosna presented our solution at the 2016 Finovate Fall NY conference alongside more than 50 other companies. Watch the demo video to see how Personetics is helping over 15 million digital users of the world’s leading financial institutions receive personalized, real-time, relevant guidance at each step along the customer journey.