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VTB Bank: Introduces AI to speed up client services

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

VTB Bank: Introduces AI to speed up client services

  • VTB Bank is one of the leading universal banks of Russia and its subsidiaries form a leading Russian financial group
  • Developed a system that will speed up and improve the recognition of text requests from customers
  • The technology allows you to process standard user requests faster without human intervention
  • The goal of this technology is to speed up the processing time of the request from the client by 90%
  • The introduction of the ‘Auto Machine Learning’ system will improve the customer experience
  • The introduction of the system will increase the overall quality of service for incoming requests between 10% to 30%
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