Transforming Customer Experience with AI Chatbots and Virtual Assistants in Financial and Health Services

• Author(s): Direesh Reddy Aunugu ; Vijayalaxmi Methuku ; Nagarjuna Nellutla
• Paper ID: 1709003
• Page: 253-257
• Published Date: 27-12-2022
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 6 Issue 5 November-2022

Abstract

Artificial Intelligence (AI) is transforming customer engagement through the widespread use of chatbots and virtual assistants, particularly in the financial and healthcare sectors. These AI-powered conversational systems offer real-time support, improve service accessibility, and reduce operational burdens. In the financial domain, chatbots assist with tasks such as transaction support, account inquiries, and fraud detection. In healthcare, virtual assistants are being used for appointment scheduling, symptom checking, and patient education. This paper explores the evolution, applications, and challenges associated with conversational AI in these two critical sectors. It highlights the importance of transparency, ethical design, and user trust in deploying such systems. The discussion includes current implementations, limitations, and future directions, emphasizing the need for privacy-preserving and domain-adaptive AI solutions. The findings suggest that AI-driven chatbots and virtual assistants hold significant promises for enhancing customer experience and operational efficiency across both industries.

Keywords

Artificial Intelligence, Chatbots, Virtual Assistants, Customer Experience, Finance, Healthcare, Natural Language Processing, Conversational AI, Intelligent Systems, User Engagement

Citations

IRE Journals:
Direesh Reddy Aunugu , Vijayalaxmi Methuku , Nagarjuna Nellutla "Transforming Customer Experience with AI Chatbots and Virtual Assistants in Financial and Health Services" Iconic Research And Engineering Journals Volume 6 Issue 5 2022 Page 253-257

IEEE:
Direesh Reddy Aunugu , Vijayalaxmi Methuku , Nagarjuna Nellutla "Transforming Customer Experience with AI Chatbots and Virtual Assistants in Financial and Health Services" Iconic Research And Engineering Journals, 6(5)