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The Uses of Voice AI in Banking: A Smart Solution for 24/7 Services

22 September 2025

The Uses of Voice AI in Banking

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The Uses of Voice AI in Banking

 

In today’s technology-driven world, customers expect services that are fast, personalized, and secure. This is where Voice AI steps into banking, meeting all of these customer needs. What makes it even more powerful is the integration of Generative AI and Large Language Models (LLM), enabling natural language understanding, multi-turn conversations, and the secure handling of sensitive tasks at scale. This combination significantly enhances customer satisfaction, reduces churn, and helps attract more customers.

 

How Can Voice AI Be Used in Banking?

 

Here are several impactful use cases of Voice AI in banking that can transform operations and improve customer experiences:

 

1. Collections Process

 

Collections are one of the most critical yet challenging areas in banking. Human agents often face difficulties, as customers may feel offended by certain words or tones during payment reminders. This sometimes leads to customers abandoning banking services altogether.

 

Voice AI helps overcome this issue by automating payment reminder calls in a polite and personalized manner. It can securely authenticate customers before discussing sensitive financial information and offer multiple payment options, such as direct payments, scheduling, or installment plans. With proper configuration, Voice AI ensures respectful communication that prevents customers from feeling offended.

 

2. Fraud Alerts

 

In today’s digital age, customers are increasingly vulnerable to scams impersonating banks. To reduce these risks, Voice AI can be deployed to alert customers about suspicious activities that could potentially compromise their funds.

 

This includes emergency call recognition that clearly identifies the bank, secure authentication to verify customer identities, and detailed alerts about specific suspicious activities detected in their accounts.

 

3. Customer Support

 

Most customer requests revolve around basic account inquiries or questions about banking products and services. To streamline this process and reduce operational costs, Voice AI can be trained to answer these questions within seconds.

 

With backend integration, Voice AI can access customer data once verification is complete, enabling it to provide accurate responses regarding account information or general product and service queries. This ensures faster service delivery and improved customer satisfaction.

 

4. Loan and Mortgage Assistance

 

Loan applications are often lengthy and document-heavy. Voice AI can simplify this by guiding customers through complex financial decisions in a conversational manner.

 

Key applications include welcoming and authenticating customers seeking loan information, identifying loan-specific questions through natural conversation, and providing personalized details about interest rates, eligibility, and repayment calculations. Additionally, Voice AI can update applicants on their application status in real time, guide them through documentation requirements, escalate complex cases to human specialists, and follow up effectively to move the process forward.



The Future of Banking with Voice AI

 

Voice AI is rapidly becoming a necessity in the banking sector. With its ability to deliver seamless 24/7 support, reduce operational costs, and improve customer satisfaction, this technology empowers banks to build stronger relationships with their customers. From automating routine queries to equipping human agents with actionable insights, Voice AI is setting a new benchmark for exceptional service.

 

PT VADS Indonesia is your trusted partner in implementing Voice AI for the banking industry through professional outsourcing services. Entrust your Voice AI solutions to PT VADS Indonesia to make your banking services more efficient and customer focused. Contact us today.



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