SR Bank

Simplifai signs agreement with Norway’s second largest bank, Sparebank 1 SR-Bank

Simplifai has signed a strategically important 3-year innovation partnership with Sparebank 1 SR-Bank. This is a milestone achievement as Sparebank 1 SR-Bank has proven to be a first mover within fintech in the Norwegian banking industry. The 3-year contract includes a Digital Employee for email management (Emailbot) for both the retail and corporate customer centers […]

Artificial Intelligence in Banking and Finance

Influence of Artificial Intelligence on the Banking and Financial Services sector: Key Insights

In this AI-powered age, improving customer service, better connectivity, and regulating operational costs are some of the desired advancements that industries in the BFSI sector look forward to. According to McKinsey & Company, Artificial Intelligence in Banking and Finance potentially could unlock about USD 1 trillion in value generation in the sector [1].  Being an […]

AI-for-Finance

The World of Financial Services Stands on a Brink of Permanent Transformation as Applications based on AI for Finance Take Giant Strides

Chris Skinner once said, “Ignoring technological change in a financial system based upon technology is like a mouse starving to death because someone moved their cheese.” And as a corollary to this ideology, most organizations in the BFSI sector are gradually warming up to the vast pool of benefits offered by recent technological advancements that […]

AI-Application-Banking

Top AI Applications in 2021 That Are Reshaping Banking in a Post-Pandemic World

What makes AI so desirable in the BFSI sector? That many organizations are now vying towards implementing process automation in their daily processes? It obviously goes beyond benefits such as improved customer experience, better security, and saving operational costs. Out of all the financial sectors, Artificial Intelligence seems to have made the most progress in […]

Simplifai emailbot automates Landkreditt bank inbox

Simplifai Emailbot technology is now in the bank sector

Simplifai’s new agreement with the Norwegian bank Landkreditt opens doors for the company to enter the bank sector and is a new strategic breakthrough for Simplifai.   Bård Myrstad, CEO of Simplifai, says: “This is a strategically important contract as it verifies that our e-mailbot artificial intelligence solution meets the bank industry’s extremely high-security requirements […]