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YES TAG - 1st Chat Bot for Smart Banking Crosses 10,000 Transactions

 

YES BANK’s YES TAG enables Chatbot-based Banking on Messaging Apps 

Mumbai, September 21, 2016:  YES BANK, India’s 5th largest private sector Bank has announced that YES TAG – India’s 1st Chatbot-based banking app has crossed the mark of 10,000 Transactions. YES TAG was launched recently by YES BANK and offers a ‘conversational smart banking’ experience.

Customers can download YES TAG and enjoy seamless Chat Banking on five messaging platforms: Facebook Messenger, Twitter, Skype, Telegram and WeChat. 

YES TAG app enables the chat bot to perform easy, anywhere and anytime banking. For instance, users can simply launch Facebook Messenger app from YES TAG and send ‘BAL’ to the YES BANK bot to know their account balance. Customers can also check their recent transactions, do a fixed deposit enquiry, request a cheque book and much more. The Chatbot based YES TAG can even transfer funds instantly to registered beneficiaries.

The YES TAG bot on Facebook Messenger is trained to understand banking requirements and responds by giving these banking services options for users to choose from. The service is completely secure as financial transactions need to be authenticated by a six digit ‘social security code’ set by the user at the time of registration. There is also no need for users to remember any short-code or commands to interact with this truly customer-friendly bot.  

A unique benefit of this bot is that user does not need to open or login into a separate app for carrying out banking transactions. YES TAG enables users to access banking service from any of the five chat platforms – be it while chatting with friend(s) on Facebook Messenger or tweeting on Twitter; or even while on a Skype call with a distant relative! 

Speaking about the launch, Ritesh Pai, Senior President & Country Head, Digital Banking, YES BANK, said, “We want to give our customers a personal concierge that gets all banking tasks done. YES TAG’s smart bot will soon recharge customers’ mobile/DTH, hotlist cards, register for e-statements, and even pay their bills.” 

YES BANK is also working on developing advanced artificial intelligence and multi-lingual proficiencies for these services. The Bank is set to enhance capabilities of its chatbot to lead customers all the way to the nearest YES BANK branch or ATM should they need assistance, even after befriending this intelligent bot on the app-store!  

 

About YES BANK

YES BANK, India’s fourth largest private sector bank is a high quality, customer centric and service driven Bank. Since inception in 2004, YES BANK has grown into a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 28 states and 9 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.

For more information, please visit the Bank’s website at http://www.yesbank.in/

YES BANK
Jitesh Patel
Email: jitesh.patel@yesbank.in

Adfactors
Delna Irani
Email: delna@adfactorspr.com

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