BFSI Automation Solutions for Smarter Banking & Insurance Operations
Revolutionize your BFSI operations with Converiqo AI. From customer onboarding and KYC automation to fraud detection and regulatory compliance - deliver exceptional financial services with intelligent automation.
Comprehensive BFSI Solutions
End-to-end automation for banking, insurance, and financial services with AI-powered customer experience and regulatory compliance.
Customer Onboarding & KYC
Streamlined digital account opening with AI-powered verification
- Conversational KYC bot for document collection
- OCR extraction from ID proofs and utility bills
- Video KYC with face match and liveness detection
- Automated AML and sanction list screening
- Compliance checklists and audit trails
Account & Policy Management
Intelligent account and policy administration with real-time insights
- Balance and statement inquiries via chat/voice
- Transaction history and loan balance tracking
- Policy details and renewal management
- Premium payment reminders and one-click payments
- AI-powered loan calculators and eligibility checks
Claims & Service Requests
Automated claims processing with intelligent fraud detection
- Conversational claim initiation across all product lines
- Document upload with automated validation
- Real-time claim status tracking and updates
- AI-powered fraud detection and anomaly analysis
- Smart triage with auto-processing for low-value claims
Payments & Transactions
Secure payment processing with voice authentication
- Multi-channel payment support (UPI, cards, wallets)
- Secure voice authentication for transactions
- Automated payment receipts and invoice generation
- Failed transaction auto-resolution
- Real-time payment status updates
Advanced AI Capabilities
Cutting-edge AI technology designed specifically for the financial services industry with enterprise-grade security and compliance.
AI-Powered Fraud Detection
Real-time anomaly detection and risk assessment
Regulatory Compliance
Automated compliance with RBI, IRDAI, SEBI regulations
Instant Processing
Real-time decision making and automated workflows
Customer Experience
Personalized financial coaching and recommendations
Real-World Applications
Discover how leading banks and insurance companies are transforming their operations with Converiqo AI across key business functions.
Digital Banking Transformation
Complete digital transformation of banking operations with AI-powered customer onboarding, account management, and transaction processing.
Insurance Claims Automation
Streamlined claims processing with intelligent document verification, fraud detection, and automated settlement workflows.
Regulatory Compliance Management
Automated compliance monitoring and reporting to meet RBI, IRDAI, and SEBI regulatory requirements.
Customer Experience Enhancement
Personalized financial services with AI-powered recommendations, proactive support, and omnichannel engagement.
Seamless Integrations
Connect with your existing BFSI ecosystem. Pre-built integrations with leading banking, insurance, and fintech platforms.
Core Banking & Insurance
Payments & Processing
Compliance & Risk
Document Management
Communication
CRM & Sales
Measurable Results
See the real impact of AI automation on your BFSI operations with quantifiable improvements and efficiency gains.
Enterprise-Grade Security & Compliance
Built with financial services security standards and regulatory compliance requirements at its core.
Regulatory Compliance
- RBI, IRDAI, SEBI aligned workflows
- Automated audit trail generation
- DPDP, GDPR, HIPAA compliance
Data Security
- AES-256 encryption at rest
- TLS encryption in transit
- Multi-factor authentication
Risk Management
- Real-time AML monitoring
- Role-based access controls
- SIEM integration
Frequently Asked Questions
Key questions on BFSI automation, compliance, integrations, and rollout.
How does AI transform banking and financial services?
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AI automates KYC, onboarding, loan processing, and customer support, cutting costs and improving accuracy across banking and insurance operations.
What is AI-powered KYC automation?
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AI verifies documents, extracts data, and validates identity in seconds, reducing manual checks and ensuring full compliance with RBI and SEBI norms.
How can automation improve loan and policy processing?
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Automation speeds up approvals, auto-verifies eligibility, and eliminates repetitive manual reviews, reducing turnaround times by over 60%.
How does Converiqo help detect financial fraud?
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AI continuously analyzes transactions to detect anomalies, flag suspicious activity, and prevent fraud in real time with over 99% accuracy.
Can AI automate insurance claim handling?
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Yes. Converiqo automates document verification, claim validation, and payout processing, reducing claim resolution times and improving customer trust.
Does the platform support omnichannel customer engagement?
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Absolutely. Customers can access support via chat, WhatsApp, email, or voice while agents receive unified context for seamless service.
How secure is Converiqo’s BFSI automation platform?
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The platform meets enterprise-grade security standards with encryption, audit logs, multi-factor authentication, and compliance with GDPR, RBI, IRDAI, and SEBI guidelines.
What analytics does Converiqo provide for BFSI companies?
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It delivers real-time dashboards for customer insights, fraud trends, compliance metrics, and operational efficiency across all financial workflows.
Can Converiqo integrate with our existing core banking or insurance systems?
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Yes. It connects seamlessly with systems like Finacle, Temenos, SAP, Oracle, and Salesforce for end-to-end automation and data synchronization.
How fast can BFSI organizations deploy AI automation?
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Most projects go live within 4-8 weeks with Converiqo's pre-built BFSI templates, guided onboarding, and expert implementation support.
Transform Your BFSI Operations Today
Join leading banks and insurance companies already using Converiqo AI to automate their operations, reduce costs, and deliver exceptional customer experiences.