IVR

interactive voice response

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Improving IVR with Artificial Intelligence

A Place for AI When most people hear Artificial Intelligence, they tend to think in terms of Hollywood and famous AI characters like HAL9000 and Skynet. Business applications of AI are nowhere near that sexy, but, on the bright side, that also means that our robotic overlords aren’t looming on the horizon just yet. The …

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Fraud Prevention Software – IVR Security

What is Fraud Prevention Software? Fraud prevention software is a type of technology used to identify and prevent fraudulent activities, such as unauthorized financial transactions, identity theft, and other types of scams. It leverages advanced AI-algorithms, machine learning and data analysis techniques to analyze patterns, anomalies and inconsistencies in data to detect potential fraud. Basic …

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3 Ways To Improve IVR Containment Rates Without Touching Your IVR

The true test of how effective your IVR solution is often lies in the containment rate. This corresponds to how many callers use, or are contained within, the IVR from the entirety of their transaction. That means not abandoning the IVR to speak to a live agent. Now IVR technology is a huge boon to …

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Transcription vs. ASR: Which Is Right For You?

It happens all the time with technology: two different processes that share some similarities get conflated. People say one thing and really mean the other, and vice versa. One area where we see this with audio related processes involves automatic speech recognition (ASR) and transcription. What both of these things tend to suffer from is …

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IVR Phone Banking – Your Starting Point For Providing Better Customer Experience

From Here to There and Everywhere Are we seeing the swan song of brick-and-mortar store fronts for banks? It’s no secret that mobile banking has taken off in recent years. People are more likely to stand outside their bank and complete a transaction on their phone than to actually go inside. Scaling back the number …

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