Imagine opening your bank app and asking questions about your checking account or making requests in a totally natural, conversational way. “When was the last time I was paid and can you transfer five-hundred bucks into savings?” That is an idea that Ann Arbor-based A.I. startup Clinc has implemented with its first product launch, Finie, a mobile voice-powered A.I. platform for banking.
Based on deep neural networks created by professors at the University of Michigan, the intelligent personal assistant is a remarkable natural language processing engine that has specifically trained its applications with a deeper knowledge of the financial and banking industry. Its machine learning capability enables the platform to expand knowledge and improve itself with every query. This is vastly different and much more advanced than Siri, Cortana and Alexa. Unlike traditional A.I. systems that are limited to rule-based commands and canned answers where you need to pose questions in a specific way, Finie emulates human intelligence and can understand any type of natural, conversational language.
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