2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ICICI
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RBI
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SBI
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Federal Bank
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Detailed explanation-1: -’FEDDY’ is an AI powered Virtual Assistant by Federal Bank. It is backed by state-of-the-art machine learning algorithms to help customers with banking related queries 24x7.
Detailed explanation-2: -Q. Which bank has launched India’s first Artificial Intelligence (AI)-based banking chatbot “Electronic Virtual Assistant (EVA) for customer service? Notes: HDFC Bank has recently launched India’s first Artificial Intelligence (AI)-based banking chatbot “Electronic Virtual Assistant (EVA)” for customer service.
Detailed explanation-3: -Capital One: Capital One’s Eno, the intelligent virtual assistant, is the best example of AI in personal banking. Besides Eno, Capital One is also using virtual card numbers to prevent credit card fraud.
Detailed explanation-4: -Prediction of future outcomes and trends: With its power to predict future scenarios by analyzing past behaviors, AI helps banks predict future outcomes and trends. This helps banks to identify fraud, detect anti-money laundering pattern and make customer recommendations.