Pasadena Service Federal Credit Union (PSFCU), a not-for-profit financial organization, serving over 11,440 members, will offer 24x7 personalized support to all its members with interface.ai’s award-winning Intelligent Virtual Assistant (IVA).
The IVA will be initially available on PSFCU’s website and mobile app. It will enable PSFCU to engage its members and instantly help them find answers to their questions. With this increased efficiency, PSFCU’s staff will also be able to provide personalized support to members in need, thus elevating the overall member experience offered.
“Our members will be able to use the IVA to get quick answers for their queries, and it will help us provide 24x7 support to our members. The IVA will help us elevate our service levels and offer our members the best member experiences possible. We will leverage our staff bandwidth to focus on solving complex member issues and provide personal assistance.” said James Chang, Chief Executive Officer, PSFCU
On the technology & the timing of the project, James Chang, the CEO of PSFCU, said, “ With the emergence of COVID – 19 member behavior was changing, and we saw increased interactions in the call center. We did not want to lose the personal touch while engaging with our members and were on the lookout for a technology that would help us remain operationally efficient & free up our staff to ensure personal assistance. We discovered that interface.ai's IVA could help us overcome these challenges swiftly.”
On the partnership with interface.ai, James added, “The member experience we will be able to offer with interface.ai is far superior to what we found was possible with other AI platforms. The impact interface.ai has enabled for other Credit Unions is unparalleled. Working with interface.ai will enable us to focus on what we do best, which is to serve our members.”
Srinivas Njay, Founder and CEO of interface.ai, adds, “The pandemic has made member behavior on call centers permanent. There is a sustained increase in call center traffic, in the order of 30 - 40% on average, across financial institutions. This increased traffic has resulted in increased wait times & abandonment rates leading to poor member experience. We believe implementing Intelligent Virtual Assistants is the only way for most financial institutions to offer timely support, provide personalized service to members at scale and manage operations efficiently. We are excited to partner with PSFCU and enable them to improve their service levels, engage better with their members, and also seamlessly onboard new members.”