Artificial Machine Intelligence Language for Banking Chatbot

Year : 2024 | Volume :14 | Issue : 03 | Page : –
By

Avdhut Mirkale,

M.G.Pallewar,

Soniya Mahangade,

Chaitrali Mulay,

  1. Student, Department of Electronics and Telecommunication, Smt. Kashibai Navale College of Engineering, Savitribai Phule Pune University, Pune, Maharashtra, India
  2. Assistant Professor, Department of Electronics and Telecommunication, Smt. Kashibai Navale College of Engineering, Savitribai Phule Pune University, Pune,, Maharashtra, India
  3. Student, Department of Electronics and Telecommunication, Smt. Kashibai Navale College of Engineering, Savitribai Phule Pune University, Pune, Maharashtra, India
  4. Student, Department of Electronics and Telecommunication, Smt. Kashibai Navale College of Engineering, Savitribai Phule Pune University, Pune, Maharashtra, India

Abstract

The developed system introduces a Banking Chatbot utilizing Artificial Intelligence Markup Language (AIML) to enhance customer interactions within the banking sector. With the increasing demand for efficient customer service and the adoption of automated systems, chatbots have emerged as a pivotal solution for banks to streamline operations and improve user experience. The proposed Banking Chatbot leverages state-of-the-art natural language processing (NLP) algorithms powered by AIML to interpret user queries, provide real-time assistance, and execute banking transactions seamlessly. Through the integration of AIML, the chatbot demonstrates advanced capabilities in understanding complex user intents, engaging in meaningful conversations, and adapting responses based on context. Additionally, the Banking Chatbot employs strong security protocols to protect confidential user data and adhere to regulatory requirements. The chatbot’s ability to handle a wide range of banking operations, from balance inquiries to fund transfers, significantly reduces the need for human intervention, thereby reducing operational costs and enhancing service efficiency. Additionally, the chatbot is designed to be scalable and customizable, allowing banks to tailor its functionalities according to their specific requirements. Offering round-the-clock support, the Banking Chatbot enhances customer satisfaction while also fostering customer loyalty and trust. Its integration into the banking ecosystem represents a significant step towards the digital transformation of financial services, offering a seamless, secure, and efficient customer experience.

Keywords: Chatbot, AIML, RasaNLU, ChatterBox, NLP, Banking

[This article belongs to Journal of Communication Engineering & Systems (joces)]

How to cite this article:
Avdhut Mirkale, M.G.Pallewar, Soniya Mahangade, Chaitrali Mulay. Artificial Machine Intelligence Language for Banking Chatbot. Journal of Communication Engineering & Systems. 2024; 14(03):-.
How to cite this URL:
Avdhut Mirkale, M.G.Pallewar, Soniya Mahangade, Chaitrali Mulay. Artificial Machine Intelligence Language for Banking Chatbot. Journal of Communication Engineering & Systems. 2024; 14(03):-. Available from: https://journals.stmjournals.com/joces/article=2024/view=171868



Fetching IP address…

References

  1. Suhel SF, Shukla VK, Vyas S, Mishra VP. Conversation to automation in banking through chatbot using artificial machine intelligence language. In2020 8th international conference on reliability, infocom technologies and optimization (trends and future directions)(ICRITO) 2020 Jun 4 (pp. 611-618). IEEE.
  2. Veena M Naik, Sandhya Shree, 2022, Survey of Conversation to Automation in Banking Through Chatbot using Artificial Machine Intelligence Language, International Journal of Engineering Research & Technology (IJERT) RTCSIT – 2022 (Volume 10 – Issue 12), pg no 97-100
  3. AbuShawar B, Atwell E. ALICE chatbot: Trials and outputs. Computación y sistemas. 2015 Dec;19(4):625-32..
  4. Ranoliya BR, Raghuwanshi N, Singh S. Chatbot for university related FAQs. In2017 International Conference on Advances in Computing, Communications and Informatics (ICACCI) 2017 Sep 13 (pp. 1525-1530). IEEE..
  5. Dobariya AA, Shah AT. Banking inquiry chat Bot. IJSTE-International Journal of Science Technology & Engineering. 2019 Jan;5(7).pg no 51-53.
  6. Khanna A, Pandey B, Vashishta K, Kalia K, Pradeepkumar B, Das T. A study of today’s AI through chatbots and rediscovery of machine intelligence. International Journal of u-and e-Service, Science and Technology. 2015 Jul 31;8(7):277-84.
  7. Thomas NT. An e-business chatbot using AIML and LSA. In2016 International conference on advances in computing, communications and informatics (ICACCI) 2016 Sep 21 (pp. 2740-2742). IEEE.
  8. Reshmi S, Balakrishnan K. Implementation of an inquisitive chatbot for database supported knowledge bases. sādhanā. 2016 Oct;41:1173-8..
  9. Mohammed MA. Natural Language Processing for Automated Customer Service in Banking. Global Disclosure of Economics and Business. 2021 Dec 31;10(2):117-28.
  10. Shalini, S., “A Study on Chatbots in the Indian Banking Sector”, Journal of Emerging Technologies and Innovative Research. June 2020. Vol.6, NO.7: pg no 1498-1502. Available from: https://www.jetir.org/papers/JETIR2006221.pdf
  11. Bairy S, Rashmi R. A review of chatbots in the banking sector. International Journal of Engineering Research & Technology. 2021;10:2-3.
  12.  Kumar KS, Tamilselvan S, Sha BI, Harish S, Student BE. Artificial Intelligence Powered Banking Chatbot. International Journal of Engineering Science and Computing. 2018 Mar;8(3):16134-7.

Regular Issue Subscription Review Article
Volume 14
Issue 03
Received July 3, 2024
Accepted August 27, 2024
Published September 12, 2024

Check Our other Platform for Workshops in the field of AI, Biotechnology & Nanotechnology.
Check Out Platform for Webinars in the field of AI, Biotech. & Nanotech.