"In 2016 we saw an acceleration in adoption of AI across financial services," said Propel's Tom Whiteaker. "Kasisto has the deepest AI platform in the industry and it has allowed them to achieve fast market traction. The company has been on fire and it's been exciting to see how leading financial institutions use KAI to create entirely new banking experiences. I believe the future of financial services depends on how well these companies can engage with their customers on a personal, contextual and seamless level. Kasisto gives them the power of conversation and we're excited about what's ahead."
"AI is already having a transformative impact on businesses and is permeating many different areas of people's lives," said Kasisto CEO Zor Gorelov. "We are working with the leaders in the banking industry around the world and it is exciting to see the powerful new ways that KAI is helping them acquire new customers and interact with existing ones."
2016 was a high-growth year for Kasisto. DBS Bank licensed KAI to power the virtual assistant in digibank, India's first mobile-only bank, and are furthering their commitment with KAI-powered bots and virtual assistants launching in India, Indonesia and Singapore. The Royal Bank of Canada announced its pilot of KAI Banking on Messaging. Mastercard launched their pilot for MastercardKAI, a bot for banks to drive conversational commerce. Varo Money also chose KAI to power Val, the digital money coach in their new mobile-only bank launching in the US in 2017. This year, Kasisto launched MyKAI, the first smart banking bot available to consumers for free.
Kasisto was founded in 2013 with the vision of enabling companies to engage and transact with their customers through intelligent conversations, anytime, anywhere. Kasisto's conversational AI platform, KAI, offers enterprises a comprehensive AI technology stack combined with industry-specific domain expertise to make bots and virtual assistants well versed in the businesses they serve. As an SRI International spin-off, Kasisto leverages decades of research and development in artificial intelligence. KAI Banking enables financial institutions to add virtual assistants and smart bots to their mobile apps and leading messaging platforms. With an emphasis on great user experience, KAI-powered virtual assistants and smart bots are easy to implement, customize and maintain. For more information visit www.kasisto.com and follow @kasistoinc on Twitter.
Brie LaFleur, Mighty for Kasisto
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SOURCE Kasisto, Inc.