Harnessing AI for omnichannel banking, discusses Infrasoft’s whitepaper

  • “Mumbai-based Infrasoft Technologies and IBS Intelligence have collaborated on a whitepaper that discusses AI-enabled omnichannel banking. The paper also outlines how banks & FIs can harness AI’s power to create an exceptional omnichannel customer experience.
  • The whitepaper also discusses typical AI use cases in financial services, key drivers for AI-enabled omnichannel banking and key encounters and mitigation plans. For more insights on AI-enabled omnichannel banking and its adoption in the banking industry, you can download the whitepaper from here.”


AI in Banking Market 2019 by Emerging Technology and Top Players – Forecast Research 2025


“Global AI in Banking Market which evaluates that the worldwide market size of AI in Banking is said to thrive with a significant Compound Annual Growth Rate (CAGR) in the anticipated estimate time frame, and this is licensed to the heightening requirement for this item/benefit worldwide sponsored by new innovations and mechanical progressions in the market.

Executive Summary

1 AI in Banking Market Overview

2 Global AI in Banking Market Competition by Manufacturers

3 Global AI in Banking Production Market Share by Regions

4 Global AI in Banking Consumption by Regions

5 Global AI in Banking Production, Revenue, Price Trend by Type

6 Global AI in Banking Market Analysis by Applications

7 Company Profiles and Key Figures in AI in Banking Business

8 AI in Banking Manufacturing Cost Analysis

9 Marketing Channel, Distributors and Customers

10 Market Dynamics

11 Global AI in Banking Market Forecast

12 Research Findings and Conclusion

13 Methodology and Data Source”


Intelligent Search in Banking and Financial Services – Current Capabilities

  • “The  potential influence of artificial intelligence and machine learning on enterprise search can be understood as two important capabilities:
  • Making more information accessible – An AI application can also accomplish this through automatically adding metadata to backlogs of enterprise data.
  • Enabling companies to ask deeper questions – Employees could search for documents and information beyond what directly pertains to a single keyword.”


Digital bank Chime quadruples valuation in less than a year to $5.8 billion as it takes on megabanks

  • “Chime, the largest of a new breed of branchless U.S. banks, raised $500 million in a series E round it closed recently valuing the company at $5.8 billion, according to people with knowledge of the situation. That is a remarkable increase from its last round nine months ago, when it raised $200 million at a $1.5 billion valuation.
  • But Chime appears to have struck on a winning formula: It targets the disaffected customers of traditional banks with no-fee accounts, free overdrafts and early direct deposits on paychecks. That’s led to torrid growth, going from 1 million accounts last year to about 6.5 million this month.”


Chris Britt

Chime CEO