Your ultimate AI-powered banking chatbot
Learn how watsonx Assistant can help you transform your digital banking experience
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Bank employee viewing a chat drawing from multiple data sources
Accelerate digital transformation, foster human connections

Banking institutions are under increased pressure for digital transformation. Customers demand automated experiences with self-service capabilities, but they also want interactions to feel personalized and uniquely human. watsonx Assistant uses natural language processing (NLP) to help answer the call. Build AI-powered chatbots that deliver fast, accurate answers. Eliminate long waits, tedious web searches for information, and help make the right human connections by partnering with the global leader in conversational AI solutions for banking.

See how much watsonx Assistant can save you
Deliver superior customer support
Empower customer self-service

Customers can independently resolve their support issues with fast access to basic banking actions, from finding branch locations to account balances, payment transactions, transfers, and more.


Contextualize experiences to drive outcomes

Advanced AI capabilities based on customer data contextualizes the banking experience, responding with relevant suggestions and helpful guidance designed to measurably elevate the customer experience.


Suggest helpful next steps

Intelligently provide recommendations and proactively inform customers about opportunities so that they accurately understand every contextual possibility.

What you can do
Deliver human-like interactions Regardless of where a customer inquiry comes in, and regardless of the language they speak, watsonx Assistant uses natural language processing to elevate customer engagements to a uniquely human level and respond quickly and effectively in real-time. Learn about omnichannel support

Minimize the need for developers Using watsonx Assistant, subject matter experts can build and maintain advanced conversational flows without any programming knowledge—just drag and drop. Banking-specific templates and documentation on getting started, integrations, and dialog flow get them up and running quickly.

Optimize for efficiency and efficacy AI chatbots enable you to extract valuable insights and use those learnings to continually optimize performance. Leverage your existing customer support systems to harvest relevant data, enhance self-service capabilities and improve relevancy of answers. Learn about integrations
This is when growth happens. Our current clients notice the improved service, which in turn attracts new clients, and this is what helps the bank scale. Marcelo Camara AI Lead Bradesco Bank Read the full story
Results Understanding financial impact Read the report USD 13 million   Customer containment savings

Continual training of watsonx drives increasing containment rates each year, providing growing cost savings to the organization.

USD 6.7 million Conversation routing savings

watsonx Assistant routes calls to the appropriate human being, when escalation is required, more effectively, reducing transfers and time-to-resolution.

USD 2.4 million   Efficiency from sales agent assist

The chatbot built with watsonx Assistant provides tailored knowledge and customer context to help agents more quickly address complex questions.

Case studies GM Financial

watsonx Assistant is managing 50-60% of live chat requests and resolving ~90% of questions without human intervention.

Bradesco Bank

watsonx Assistant has been trained in Portuguese and in banking by a dedicated team to answer 10,000 customer questions.

Citi

Cutting-edge machine learning, natural language processing (NLP) and advanced analytics solutions are building a practice they call “audit of the future.”

ABN AMRO

A virtual agent named Anna uses a powerful conversational AI platform to conduct over a million customer conversations a year and speed customer service. Anna answers 90% of requests in Dutch or English.

Crédit Mutuel

More than 350,000 online inquiries a day are answered using watsonx Assistant — with client advisors answering customer questions 60% faster.

Technical questions

According to G2 Crowd, IDC, and Gartner, IBM’s watsonx Assistant is one of the best chatbot builders in the space with leading natural language processing (NLP) and integration capabilities.

Our enhanced intent detection model is faster and more accurate than our previous ones, combining traditional machine learning, transfer learning and deep learning techniques in a cohesive model that is highly responsive at run time. Based on a study (link resides outside ibm.com), this model is also more accurate than IBM’s main competitors, outperforming Google Dialogflow by 5.6% and Microsoft LUIS by 14.7%.

Not only does our model surpass the competition, but IBM’s watsonx Assistant makes it incredibly easy to get started with a host of resources, such as templates, one-click integrationsguided tutorials, SMEs and more. IBM watsonx Assistant adapts to the needs of the customer.

When it comes to digital banking services, consumer expectations are at an all-time high and patience is at an all-time low. Customers expect their financial institution to know them personally, intuitively understand their needs, and accurately provide updates for everything from credit card applications to checking account balances—and they don’t want to wait 11 minutes in a queue to get answers. With watsonx Assistant, your customers are empowered to rapidly discover their own answers to a wide range of inquiries.

When a situation does require human intervention, watsonx Assistant uses intelligent human agent handoff capabilities to ensure customers are accurately routed to the right person. With watsonx Assistant, the customers arrive at that human interaction with the relevant customer data necessary to facilitate rapid resolution. That means customers get what they need faster and more effectively, without the frustration of bouncing around phone trees and having to continually repeat the details of their inquiry.

With watsonx Assistant, no developers are required. This intuitive platform helps get you up and running in minutes with an easy-to-use drag and drop interface and minimal operational costs. Easily customize your chatbot to align with your brand’s visual identity and personality, and then intuitively embed it into your bank’s website or mobile applications with a simple cut and paste. Built with IBM security, scalability, and flexibility built in, watsonx Assistant for Banking understands any written language and is designed for safe and secure global deployment. Turn it on today and empower your team to realize the benefits of happier banking customers, increased sales and retention opportunities, and a more efficient, effective global workforce—without having to hire a specialist.

Yes, you can deliver an omnichannel experience to your customers, deploying to apps, such as Facebook Messenger, Intercom, Slack, SMS with Twilio, WhatsApp, Hubspot, Wordpress, and more. Our seamless integrations can route customers to your telephony and interactive voice response (IVR) systems when they need them.

In today’s fast-paced, digital-first world of financial services, speed and customer experience are two priority differentiators that watsonx Assistant absolutely delivers on. Whether it’s an urgent mobile app inquiry regarding suspicious activity on a credit card, notifications about bill payments, or just opening a new bank account, customers shouldn’t be forced to spend time waiting to speak to a human agent when watsonx Assistant chatbots can help in real time.

IBM watsonx Assistant for Banking uses natural language processing (NLP) to elevate customer engagements to a uniquely human level. We call it conversational banking. IBM’s advanced artificial intelligence technology easily taps into your wealth of banking system data to deliver the right answers at the right time through robust topic understanding and AI-powered intelligent search.

Can you imagine the potential upside to effectively engaging every banking sector customer on an individual level? How would it impact customer experience if you were able to scale your team globally to work directly with each customer, aligning the right banking products and services with their unique financial situations? That’s where the right ai-powered chatbot can instantly have a positive impact on the level of customer satisfaction that your financial organization delivers.

watsonx Assistant also makes it easy to move the needle on your bottom line. Through intelligent recommendations and contextual cross-sells and upsells, AI chatbots essentially act as a global team of always-on customer representatives who are always ready with a logical, real-time recommendation based on historical customer data.

Take the next step

Ready to transform your banking customer support experience?

 

See what watsonx Assistant can do when you schedule a personal demonstration with a product specialist or take a self-guided tour.

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More ways to explore Documentation How to build a chatbot Learning Community