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Toca AI

Financial Fraud Detection Accuracy Improved by 42%

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Solution

Financial Fraud Detection Accuracy Improved by 42%

Date

01 Oct, 2025

Location

Level 12, Innovation T. SF, CA 94105, USA

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Brief and project description

A leading national bank partnered with us to automate their customer support services and enhance customer experience. The bank faced high operational costs due to large volumes of routine queries managed by human agents.

Our team developed and deployed an AI-powered chatbot designed specifically for banking operations to reduce support costs, improve efficiency, and provide 24/7 customer service.

Process

  • Discovery & Requirement Analysis

    Conducted in-depth workshops with banking stakeholders to identify key user intents, security requirements, and integration needs.

  • Design & Development

    Developed a Natural Language Understanding (NLU)-based chatbot with banking-specific training datasets, multilingual capabilities, and secure authentication features.

  • Integration & Testing

    Integrated the chatbot seamlessly with the bank’s existing systems and conducted rigorous security, performance, and usability testing.

  • Deployment & Optimisation

    Deployed the chatbot in production with continuous monitoring, user feedback analysis, and feature enhancements.

Key Outcomes

  • Improved Response Time by 60%

  • Enhanced Customer Satisfaction

  • Reduced Customer Support Costs by 40%

  • Seamless Live Agent Handover

If you're excited about solving complex problems with machine learning, enjoy working in a dynamic and forward-thinking environment, and want to help shape the future of AI — we'd love to hear from you.