San Mateo, CA, July 10, 2018 – Payjo, a Silicon-valley based leading provider of AI-assisted banking platform, has partnered with AbacusConsulting, a pioneer in providing disruptive technologies and business strategies to clients worldwide. Through the partnership, AbacusConsulting will support the deployment of Payjo’s conversational AI to financial institutions in South Asia and the Middle East. Payjo’s AI interface will enable conversations between banks and their customers, on all digital touchpoints, to be intelligent, automated and highly personalized.
“Digital adoption is growing in Asia and millions of users will be banking online using smartphones,” says Srinivas Njay, Payjo Founder, and CEO. “Payjo is happy to partner with AbacusConsulting to offer our conversational AI platform to financial institutions and their users and tangibly contribute to financial institutions’ digital transformation goals.”
AI is making banking experience for customers more personalized and convenient than ever before. Financial institutions are using cognitive AI technology to make websites, IVR, messenger bots and other digital touchpoints to be more efficient and effective. This is increasing ROI as well as customer satisfaction.
Payjo is at the forefront of AI technologies that are driving digital transformation. Payjo’s AI banking assistants power some of the leading ﬁnancial institutions in the EU, The USA, and Asia. Compliant with GDPR, MiFID II & PCI DSS regulations, Payjo can support conversations in 100+ languages, in a highly secure manner.
Mr. Abbas Ali Khan, MD – AbacusConsulting said, “There is already talk of a fifth industrial revolution, one that is powered purely by Artificial Intelligence (AI). Companies that do not embrace AI will soon be no longer competitive. Abacus is proud to partner with Payjo, a leader in AI Assisted Banking, and we are very excited about working with them to help our customers digitize their communication channels.”
Payjo’s platform is designed for both text and voice and can converse with customers in 119 languages, including Hindi, Arabic, and Urdu. Today, Payjo’s platform processes millions of conversations, with total capability across deployments adding up to 15,000 conversations per second. Leveraging Payjo unmatched omnichannel capabilities and deep learning models, financial institutions will be able to deliver world-class customer experience 24/7/365.
Learn more about Payjo: www.payjo.co
AbacusConsulting is a leading business transformation and consulting firm operating in Pakistan and the Middle East and North Africa region. Since its inception in 1987, Abacus has been helping organizations transform their visions into realities through a combination of innovation-led methods and disruptive technologies. Abacus has more than 600 enterprise clients across 40 industries and 10 offices that are strategically located in the United Arab Emirates, Saudi Arabia, the United Kingdom and Pakistan. Abacus currently employs over 2,500 people globally.
For more information: www.abacus-global.com
Payjo, Inc. is the leading AI Assisted Banking Platform founded in 2015. It is headquartered in San Mateo, California. The founding team comes from some of the core AI groups of Microsoft and Stanford with over 25 years of experience in ﬁnancial software generating close to $50 Million in revenue and $2 Billion in transactions.
At Payjo, we are working towards “Democratizing Access to Assisted Banking.” Payjo’s platform is designed to provide intelligently automated assistance to prospects, customers, and employees of the bank throughout the life-cycle both reactively and proactively in about 119 languages over voice and text.
Payjo is at the forefront of AI technologies that are driving digital banking transformation. Our platform powers some of the leading ﬁnancial institutions in the EU, The USA, and Asia. Our voice/text-enabled AI agents enable each conversation between a bank and its customers to be highly personalized, natural and intelligent.