Kathmandu, Oct. 19
Seethos Nepal, a New York, USA based technology company, has started its services in Nepal from Friday.
"Seethos is a global emerging technologies firm specializing in artificial intelligence (AI) that aims to solve high impact problems across industries and specifically banking use cases," said Khagendra GC, President of Seethos Inc., USA.
AI in banking is a powerful ally when it comes to analysing real-time activities in any given market or environment. The accurate predictions and detailed forecasts it provides are based on multiple variables and vital to business planning, said GC.
According to him, the AI can improve compliance in banks by improving efficiency with automation, providing accurate and streamlined reporting and offering speed answers to prevent risks, enhancing fraud detection.
Daksha Poudel Subhas, President of Seethos Nepal, said that the company's multidimensional AI Assistants help users receive the right content at the right time to address their needs while providing efficiencies to organisations.
The company claimed that its AI frameworks empower banks and financial institutions by accommodating to customers' demand for faster, accurate options while organisations aim to reduce serving costs.
AI is recognised with having multiple benefits like personalised banking, process automation, credit decision, loan eligibility approval, risk management, predictive analytics, fraud prevention, customer support chatbots, smart wealth management advisors and virtual digital assistants.
Published in The Rising Nepal daily on 20 October 2019.
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