Financial Services

AI for Financial Services

Banks, insurers, and fintechs face a common problem: multilingual customers, high inbound query volumes, and rising call centre costs. Relai solves all three.

70%

Query deflection rate

24/7

Service availability

50+

Languages supported

<90s

Average resolution time

Use Cases

Built for Financial Customer Service

Account Inquiries

Customers can check balances, recent transactions, and account details over WhatsApp or phone — in their language, at any hour. The AI verifies identity before sharing sensitive information.

Handles 70% of inbound account queries without human intervention

Claim Status

Insurance customers no longer wait on hold to hear where their claim stands. The AI provides real-time status updates and next steps, reducing call centre load by up to 60%.

Average query resolved in under 90 seconds

Loan Applications

Guide customers through loan application requirements, document checklists, and status updates. The AI collects preliminary information and escalates to a human advisor when ready.

Application completion rate up 35% with AI guidance

Fraud Alerts

Proactively notify customers of suspicious activity and guide them through card block or account freeze procedures — available 24/7 when fraud doesn't wait for business hours.

Fraud response time reduced from hours to minutes
Why Relai

Challenges Relai Solves


Challenge

Multilingual customer base

Relai Solution

Serve customers in 50+ languages including Zulu, Swahili, Yoruba, French, Portuguese, and more — with deep support for 36 African languages, all from a single deployment.


Challenge

Regulatory compliance

Relai Solution

Built-in 3-step identity verification. Conversation logs stored for compliance. Supports global standards including FICA/KYC requirements.


Challenge

24/7 service demand

Relai Solution

AI handles after-hours queries without overtime costs. Human agents handle escalations during business hours.


Challenge

High call centre costs

Relai Solution

Deflect up to 70% of inbound queries to AI. Reduce call centre headcount requirements without reducing service quality.


Compliance

Built with Financial Compliance in Mind

All conversations are logged and stored for the duration required by your regulatory regime. Identity verification meets global standards including FICA/KYC requirements. Data residency options available for clients operating under regional data protection frameworks. Enterprise plans include a dedicated compliance review session.

Get Started

Ready to Speak Your Customers' Language?

Join businesses worldwide using Relai to deliver AI customer service in 50+ languages.