Amrit Satpathy
Ecosystem Manager
Insait joins the NayaOne Technology Marketplace. The data-driven insights and personalised recommendation tech provider, is now accessible to a range of financial institutions to discover and evaluate through NayaOne’s Sandbox-as-a-Service Platform.
NayaOne provides access to synthetic data, tech marketplace, and a digital sandbox, as well as reduces the time necessary to run proofs of concepts within 4-6 weeks. Meanwhile, the Insait solution will help financial institutions develop actionable insights based on data and support their vendor evaluation processes.
Banks and Credit Unions store a significant amount of rich data, but it is a challenge for them to make this data actionable. Just like people now expect personalised recommendations like they get on Netflix, customers want their financial journey to be tailored to them. Insait helps financial institutions turn their data into actionable insights they can actually use. This way, they can reach the right people, at the right time, with the right product. Insait’s Proactive Chatbot serves as an innovative tool to reach out to customers, offering them relevant products and guiding them through their financial journey.
Why is this a priority?
The modern banking customer is both discerning and demanding. Personalised experiences aren’t just a luxury; they’re an expectation. Institutions that fail to adapt risk losing customer trust and loyalty, which can have a significant impact on customer retention and growth. In a competitive financial landscape, staying ahead of customer expectations and corporate innovation aren’t just about innovating, but about continuously evolving to meet and exceed their needs.
Insait’s Key Solutions
Some of the solutions offered by Insait include:
- A Boost in Conversions and Revenue: Insait’s technology significantly enhances the efficiency of your marketing campaigns. By meticulously selecting the right audience, product, and communication channel, Insait helps achieve a 100% surge in conversion rates and up to 200% growth in associated revenue.
- Easy-to-use Platform: Experience the simplicity of Insait’s no-code platform. Designed for user-centricity, it relieves your data team from intricate processes. From integrating with your core system to purifying data, Insait handles all intricacies to deliver impactful results.
- Streamlined Interactions for Faster Deal Closings: With Insait’s AI-driven chatbot, financial institutions can accelerate their deal closures. The chatbot proactively introduces customers to pre-approved products and integrates seamlessly across multiple platforms like iMessage, WhatsApp, and the web. Its multilingual capabilities cater to a global audience. Additionally, the advanced math module assists users with complex financial calculations, providing clear guidance through their financial decisions.
Client Case Study: 200% Rise in Conversions Within 4 Weeks
A prominent regional bank faced challenges with low conversion rates. With Insait’s intervention, the bank was able to segmented their customer base, and tailored messaging strategies, yielding a 200% rise in conversions in just four weeks. This strategy led to deposits totalling $18 million.
Another case involved Bank Leumi, a flagship bank in Israel, which needed to optimise their loan campaigns. Insait’s automated solutions identified the right loan products for their customers, resulting in a 7% conversion rate within two weeks. Notably, 50% of these loans were taken by customers who previously had no loan history.
Through its innovative solutions, Insait has empowered multiple financial institutions to harness their data more effectively, delivering impressive outcomes. Now, they are available to banks and financial institutions, too, via NayaOne’s tech marketplace.
We're thrilled to partner with NayaOne, sharing a vision for fintech's future. Showcasing our solution on this platform will extend our reach and benefit our customers and financial partners. As NayaOne brings bank-fintech partnerships together for innovation, we’re delighted to be partnering with them.
Ilan Flax
Head of Strategy, Insait
We welcome Insait to the NayaOne marketplace! Their data-driven insights and personalised recommendations for each and every customer, helps financial institution grow and optimise their processes. Insait solutions can now be discovered and tested via the NayaOne Sandbox-as-a-Service Platform.
Oli Platt
Product and Marketplace Manager, NayaOne
Insait harnesses the first-party data of financial institutions, transforming it into actionable insights. By identifying the right customers, the right products, and the most effective channels, Insait empowers marketing campaigns, boosting conversions and driving revenue. With Insait’s AI-driven no-code platform you can easily launch personalised campaigns, and its Proactive Chatbot will reach out to customers in their preferred digital spaces.
