bankingciooutlook

Top 10 Artificial Intelligence Solution Providers - 2018

By adding the element of Artificial Intelligence (AI), banking is transforming in leaps and bounds redefining the way of how the world hails the industry so far. From enhancing customer experience to achieving an iron clad security, AI is tapping numerous opportunities in the realm of Banking. By replicating the activities of humans AI not only enhances productivity but also frees humans from repetitive tasks which enable them to focus more on important tasks.

One such task is customer service; AI is promoting personalization to a greater extent by providing 360 degree view of the customer with the ability to manage huge data from discrete databases that flood in the organization. Adding to this advantage is the predictive analytics and cognitive messaging capability of the AI. It is no wonder chatbots and conversational interfaces are the most sought after technologies in the current market.

Furthermore, when it comes to banking, security is the upmost priority, AI acts as a first line of defense providing security to a greater extent replacing augment passwords with digital fingerprints and facial recognition. With its ability to sift through discrete databases AI can identify patterns on a real time basis thwarting cyber threat or crime completely. Also in today’s world regulatory has become a tough and mandatory subject but with inclusion of AI, it has made regulatory requirements a sinecure with its ability to automate tracking and monitoring regulatory changes.

By carefully scrutinizing the AI technologies involved in banking, a distinguished panel of prominent CEOs, CIOs, VCs, and analysts along with Banking CIO Outlook Magazine’s editorial board has assessed hundreds of Artificial Intelligence technology solution providers and shortlisted the ones that are at the forefront of providing cutting-edge technology solutions. The listing provides a look into how the organizations in banking leverage innovative technologies and strategies to enhance today's AI solutions.

We present to you Banking CIO Outlook Magazine’s “Top 10 Artificial Intelligence Solution Providers-2018.”

Company Logo Company Name Company Description
buguroo Cybersecurity company specializing in the development of software for online fraud prevention
DataRobot Empowers users throughout the organization to consistently make business decisions unmatched in simplicity, speed, and accuracy
Expert System S.p.A Provides solutions for knowledge management, customer care, risk mitigation, anti-money laundering compliance and cognitive automation
Flamingo AI Offers an unprecedented ability to enhance banking customer experience, improve sales conversations and service customers at scale, 24/7
Interactions Offers virtual assistants that seamlessly combine artificial intelligence and human understanding to enable businesses and consumers engage in productive conversations
Kasisto Offers enterprises a comprehensive AI technology stack combined with industry-specific domain expertise to make bots and virtual assistants well versed in the businesses they serve
Payrailz Provides a solution to automate payment and financial management for banking customers
Pegasus Knowledge Solutions Provides advanced analytic software and services helping businesses create value from their data
Rezilyens An experiential and personalized brand focused on delivering high impact – consequential results
WorkFusion Offers an AI-driven RPA that automates complex and time-consuming processes, reducing costs and risk while improving customer experience