Auriga Launches WWS AI For Advanced Banking Insights

October 15, 2019 | Artificial Intelligence, FinTech, News
https://dailyalts.com/wp-content/uploads/2019/10/artificial-intelligence-4115193_1920-auriga-ai.jpg

Auriga’s WWS AI module is a component of its WinWebServer omnichannel banking software suite.

Bankers can now get an Artificial Intelligence-led insight into their banking operations with the help of Auriga’s new WWS AI module.

According to a report by the World Economic Forum, in collaboration with Deloitte, 76 percent of Chief Experience Officers in the banking industry feel that Artificial Intelligence is a top priority because it is critical for differentiation.

How can AI help in banking?

Banking data analysis

The new WWS AI modules help in the analysis of data, even legacy data, to deliver a range of paybacks for the banking institution.

For customer experience and retention

  • Design of the customer journey
  • Develop personalized loyalty programs
  • Digital signage, file management and appointments with banking executives
  • Provide services at competitive costs, even outside of popular locations
  • Elevate levels of customization
  • Customers’ churn rates and satisfaction levels

For strategic and advanced data analysis

  • Forecasting
  • Strategic business analysis
  • Identify correlations and re-usable patterns for fine-tuning operations
  • Identify trends, seasonality and profitability of every banking service provided
  • Design innovative new services, new performance models and new roles in the value chain

WWS AI module for predictive analysis and risk management

  • Management of the life cycle of physical devices
  • Cash management chain including predicting withdrawals, deposits and recycles
  • Management of operational risks
  • Device management to reduce costs
  • Maintenance algorithms for asset management

Auriga is a European leader in the development of integrated platforms that have contributed to the development of new omnichannel banking models.

[Related Story: Natwest Will Use AI To Predict Financial Market Patterns ]

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2023/12/AMD_headquarters_santa_clara.624da707519a6.jpg
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
December 7, 2023     Artificial Intelligence, News

Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…

https://dailyalts.com/wp-content/uploads/2023/12/RHCEU-Inline.jpg
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
December 7, 2023     Digital Assets, FinTech, News

Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…

https://dailyalts.com/wp-content/uploads/2023/12/Samsung_UK_Samsung_Pay_Lifestyle_0552-revised-Pictogram-23.11.30-1024x744-1.png
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
December 7, 2023     FinTech, News

Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…

https://dailyalts.com/wp-content/uploads/2023/12/Revaia-founders.jpg
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
December 7, 2023     ESG and Sustainability, News, Venture Capital

Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…