Engineering Innovation in
Digital Finance
We adopted Generative AI, in particular ChatGPT with Azure platform services, to enhance customer service for a bank
Approach & Solution
Approach
By leveraging ChatGPT’s natural language processing capabilities, our solution can interact with customers in a human-like manner, understand the content of conversations, derive intents, and classify requests based on the bank’s domain-specific information.
Solution
Our solution enhances conversation quality, problem-solving abilities, routing accuracy, and response quality of existing bots.
As a result, the deflection rate (reduction in the need for human operators) increases, sentiment scores for customer assistance improves, and the availability of 24/7 support contributes to higher Net Promoter Scores (NPS) and improved app ratings for the bank.
Generative AI empowers the virtual assistant to provide personalized and efficient customer care, enhancing the overall customer experience.
As a result, the deflection rate (reduction in the need for human operators) increases, sentiment scores for customer assistance improves, and the availability of 24/7 support contributes to higher Net Promoter Scores (NPS) and improved app ratings for the bank.
Generative AI empowers the virtual assistant to provide personalized and efficient customer care, enhancing the overall customer experience.
Results
Increased deflection rate
Improved sentiment score
Increased NPS
Increased rating of the bank's app on the stores
Enabling Technologies
AI & Advanced Analytics
Project Team
Data & Analytics
Finance