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Event: Are Robots the Bankers of the Future?

October 2, 2017/in Events/by Mallesh Murugesan

Join Miami’s leading experts in a discussion on robotics and the future of financial automation. Chirrp co-founder, Mallesh Murugesan will present, alongside speakers from Lenddo Americas and Scotiabank Enterprise-Digital Banking on October 5th at 10:25am. The discussion will examine how artificial intelligence has advanced the capabilities of chatbots across industries, including the potential for AI to change how financial institutions engage with customers.

The panel is part of the two-day Fintech Americas 2017 annual conference. The conference takes place October 5th-6th at the Conrad Hilton Miami. Other sessions include topics such as regulation in the digital era; banking and blockchain; fintech and bank collaboration, to name a few. Registration is still open!

https://abeyon.com/wp-content/uploads/2015/03/logo_abeyon_big-gray-300x85.png 0 0 Mallesh Murugesan https://abeyon.com/wp-content/uploads/2015/03/logo_abeyon_big-gray-300x85.png Mallesh Murugesan2017-10-02 16:48:582018-11-15 17:20:48Event: Are Robots the Bankers of the Future?

Event: Challenge Cup, Coming Up!

September 15, 2017/in Events/by Mallesh Murugesan

Support chirrp at 1776’s Challenge Cup Miami this Thursday, Sept 28th! This high speed pitch competition will showcase some of most innovative startups from Miami. Chirrp’s CEO and Co-Founder, Mallesh Murugesan, will highlight how chirrp utilizes AI to bring a human touch to chatbot interactions.

The event kicks off with a networking reception at 5:30pm. The competition will begin at 6:45pm. Register for the free event here.

Date: Thursday, Sept 28th
Time: 5:30pm – Networking Reception – Cafe Space, 6th Floor
6:45pm – Pitch Competition – Everglades Room, 1st Floor
Location: Venture Cafe Miami

About Challenge Cup:
Challenge Cup is a global pitch competition for the world’s most promising startups that are solving complex challenges. Challenge Cup takes place in 75 cities. In each of these cities, 1776 partners with a leading local startup program to host a Challenge Cup experience on 1776’s UNION Network, a digital platform that connects startup ecosystems around the world. These qualifying competitions identify one winning startup from each city to advance to the Global Finals at Challenge Festival. Challenge Festival convenes investors, policymakers, and innovators from across the globe convene to examine and discuss pressing global challenges.

https://abeyon.com/wp-content/uploads/2015/03/logo_abeyon_big-gray-300x85.png 0 0 Mallesh Murugesan https://abeyon.com/wp-content/uploads/2015/03/logo_abeyon_big-gray-300x85.png Mallesh Murugesan2017-09-15 16:47:512018-11-15 17:21:02Event: Challenge Cup, Coming Up!

chirrp vs. chat: how chirrp’s rich conversation is different from the rest

August 15, 2017/in AI/by Mallesh Murugesan

Our team has been giving demos to a wide audience, including investors, potential partners, and customers. One question that comes up over and over is “Why chirrp?” What makes chirrp different, in a market that growing by the minute? Let’s take a look.

When working with most chatbots, you must identify each question that your bot can handle. This format is inherently limited to a fixed number and to a fixed question sequence. If a customer engages in a way that your bot wasn’t programmed to handle, it has little ability to respond correctly. A chatbot built in this way has a limited amount of scenarios it understands, and is powerless to address any variance in those use cases. Even if a customer asks a question that’s in a programmed scenario, if the question is asked out of sequence, the system can’t adjust. This inflexibility is why most available bots are limited, and often not sufficient to significantly cover your customer service needs.

One of chirrp’s most powerful capabilities comes from its patented analytical model which recognizes questions and commands that it wasn’t explicitly coded to know. Every customer response is first analyzed by a robust natural language processor (NLP), which identifies the sentence structure, breaks down word phrasing, and determines intention.

Once the system has located the customer’s basic intention, the system will route the conversation to the appropriate branch point. It may be that the user has asked a question that the system has a direct answer to. In that case, a list of possible answers is pulled, and the answer with the highest certainty (best likelihood of being correct) is the response from chirrp. An example of this scenario involves a potential customer chatting with a doctor’s office chirrpbot. They may ask “what types of injuries do you treat?” To such a question, chirrp might provide a list of services and types of doctors in the practice.

Alternatively, the customer may ask a question that warrants another question from the system, in order to proceed. Often times this type of question may lead to a back and forth dialog that helps the user reach an end destination. A customer may ask a doctor’s office, “Do you accept Aetna insurance?” This could trigger a dialog around insurance and becoming a new patient. Chirrp might respond, “We accept certain types, what type of Aetna plan do you have?” or “Yes, we do. Would you like to schedule an appointment with one of our doctors?” or some question that proceeds with the new patient registration process. At each interaction, the system re-analyzes intent, to determine the next response from chirrp.

By applying a robust natural language processor to every customer response, chirrp’s AI can flexibly route the conversation to the correct next step. If a user asks a question that goes outside of a sequential dialog, the NLP will identify the intent, and route the question to the correct answer (which may be under a new topic altogether), or to a new dialog, or to a later point in the same dialog. Because the NLP is applied at every point, chirrp’s platform allows for fixed answer sets AND free text answers.

Chirrp’s flexibility in user input also makes system more user friendly and conversational. Customers aren’t forced to pick from a short list of answers; they can ask and respond using free text. This also allows the customer to have more control over the conversation. They can jump to a new topic, skip ahead if they don’t need info, and ask questions out of sequence.

As AI continues to mature, customers are expecting their interactions with bots to become more intelligent and capable. Due to its patent methodology, chirrp delivers flexible, responsive interactions to users across industries and channels. Using artificial intelligence, chirrp promises to push chatbot technology into our everyday lives.

– Rosanne Lush [VP of Product]

https://abeyon.com/wp-content/uploads/2018/11/pexels-photo-207538-1-1-e1507041795353.jpeg 666 1000 Mallesh Murugesan https://abeyon.com/wp-content/uploads/2015/03/logo_abeyon_big-gray-300x85.png Mallesh Murugesan2017-08-15 14:38:062018-11-15 17:21:16chirrp vs. chat: how chirrp’s rich conversation is different from the rest
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