Chatbots are taking over in the financial field and they act as personalized bank advisors or virtual piggy banks.
Recent advancements in AI have lead to the rise in Chatbots. These conversational agents are able to have written or spoken communication with humans and provide access to a large number of services. Whether you are booking a flight with the help of Alexa, Amazon Echo’s voice-enabled virtual assistant or ordering yourself an Uber using Siri, Apple’s intelligent personal assistant, it’s all possible nowadays. This technology is beginning to expand in the banking sector. In fact, there is a rise in chatbots that promise a better customer service experience, quicker transactions or an assistance to spendthrifts so they can save money regularly.