The banking industry is undergoing tremendous transformation due to digitization and other advanced technologies. Banks and other financial institutions are in the process of reinventing their business models and looking at ways to enhance the customer experience to survive in a highly competitive market environment. Net banking and ATMs will not be enough to turn the tide.
AI is already making a splash in the banking segment, and blockchain is touted as the next big thing in technology that can change the face of the financial service industry. Both AI and blockchain have huge applications in front-office, back-office and preventing and detecting fraud. Blockchain’s decentralized database or public ledger secured with cryptographic encryption has the capability to reduce paperwork and bring down transaction cost for a bank. More and more financial institutions are deploying AI tools, such as chatbots and voice assistants for customer identification and authentication. The AI is also being employed for payment verification and regulatory requirements like checking KYC compliance.
While these developments can help revolutionize the banking sector, financial institutions require a strong partner to take advantage of these emerging technologies. Gemini can help you transform your core banking operations using technologies so that you can serve your clients better
By leveraging our technological solutions, you can help reinvent your banking business. We can help you make winning strategies to spot and capture new opportunities. With our technological support you can convert your core banking operations to a personalized mobile experience for customers. We enable banks to open new digital channels and conduct credit services and core banking in a secure manner.
Gemini can assist financial institutions to take advantage of the cloud. We can help you migrate your processes and services to cloud so that customers can access it from anywhere, anytime. Cloud offers you the opportunity to build customer-centric service models. You can use the cloud to integrate various services so that customer gets seamless access to them. With the cloud, storing, transferring, updating and recovering crucial data becomes easy and it can reduce errors related to manual intervention. Gemini can also offer you security solutions to safeguard your data in the cloud.
Empower your customers with the help of our mobile applications. Partner with us and offer mobile banking solutions so that your customers do not feel restricted by geographical barriers and time zones. Contribute your share to the betterment of the environment as we help you go paperless with mobile applications. We will help you link your core banking services to the mobile so that customers can access and transfer funds with a few buttons on the mobile. Finally, offer your customers, super- fast services and help him complete KYC procedures using a smart phone without compromising on security.
With Gemini as your partner, you can harness the power of AI/ML to fend off fraudsters and analyze complex data for possible financial anomalies. Our AI solutions can also help you offer automated solutions to meet the ever- growing customer expectations. We can design chatbots for you to have a meaningful engagement with your millions of customers. Our solutions will enable you to incorporate biometric features like facial and voice recognition technology into your KYC requirements, thereby making banking transactions more efficient and foolproof.