Hong Leong Bank Adopts AI for Collections, Sees 15x Productivity Gain

Quick Summary:

Hong Leong Bank has made substantial improvements in the efficiency of its collection operations by leveraging artificial intelligence (AI), according to The Sun.

The bank noted that the productivity of its AI-driven collection agents has surged by 15 times, accompanied by an 86% reduction in associated costs.

According to Hong Leong‘s Group Managing Director and [...]

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: StartupsBusinessTechnology

Markets: Malaysia

Topics: Hong leong AI

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-02 @ 02:49:50 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fintechnews.my

Language: English

Article Length: 242 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fintech News Malaysia

News ID: 22333406

View Article Analysis

About Fintech News Malaysia

Main Topics: StartupsBusinessTechnology

Official Website: fintechnews.my

Year Established: 2017

Headquarters: Malaysia

News Last Updated: ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #74

Publisher Details

Frequently Asked Questions