CIO plan for implementing AI

A 5-point CIO plan for implementing AI-based automation in daily work operations

The need for an effective CIO plan for implementing AI Many studies have found that if organizations do not evolve their mindset and efforts to implement AI in their organizations, they risk creating a huge gap between themselves and other institutions that are advancing by adopting AI. And for those organizations that adopt AI, not […]

Top Artificial Intelligence (AI) Applications in Banking 2022

Top Artificial Intelligence (AI) Applications in Banking 2022

Introduction Cognitive top Artificial Intelligence (AI) applications in banking 2022, have increased tremendously, especially with the return of the new normal early in the year. After the pandemic, many banking organizations opted for facilitating operations through process automation, which in pre-pandemic times was mostly manual or automated in a limited way. As the banking and […]

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

Artificial Intelligence in Banking and Financial services has become driver for enhanced customer service, reduced operational costs and increased operational efficiency. Businesses in BFSI sector are optimistically inclined towards AI-powered process automation, front end support, to meet their businesses goals. According to McKinsey & Company, Artificial Intelligence potentially could unlock about USD 1 trillion in […]

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 […]