TULSA, OK

May 22, 2018

– Data analytics, machine learning, and natural language processing are enabling financial institutions to transform customer self-service. ENACOMM—a fintech company that empowers banks, credit unions and credit card companies with solutions for improving the customer experience (CX), fighting financial fraud, and increasing operational efficiency—today announced a new reseller agreement with FoneLogix, an Atlanta-based provider of cloud-hosted VOIP Phone Systems, Solutions and Support.

Through the partnership, FoneLogix’s bank and credit union customers will be able to take advantage of ENACOMM’s VPA (Virtual Personal Assistant) Conversational Banking and the ENACOMM Financial Suite (EFS), which includes a hosted, dynamic interactive voice response (IVR) system for personalized customer interactions.

“FoneLogix helps financial institutions set themselves apart from their competition by being on the leading edge of next-generation communications technology,” said ENACOMM CEO Michael Boukadakis. “We’re excited for FoneLogix to help us make ENACOMM’s best-in-class AI and biometric technology that powers Conversational Banking more widely available, especially with the digital voice assistant channel set to grow exponentially over the next five years.”

Applying artificial intelligence, VPA is ENACOMM’s solution for financial institutions’ self-service users that works with widely-used Virtual Personal Assistants, such as Amazon Alexa and Google Home. Utilizing ENACOMM’s hosted systems, a properly authenticated user can safely and easily handle banking transactions and gain comprehensive access to their financial accounts – with the sound of their voice.

The ENACOMM Financial Suite provides a range of software tools, from powerful voice biometrics to customer relationship management (CRM), as well as added levels of security. ENACOMM’s data-powered IVR solution uses customer intelligence to efficiently direct calls and personalization to help retain customers, and provides context preservation to offer fast, superior self-service.

“Consumers are ready for Conversational Banking, as their rapid adoption of voice assistant devices and preferences regarding customer service channels show,” said Mitchell Bridges, FoneLogix Principal and VP Sales & Marketing. “We look forward to putting ENACOMM’s advanced service technologies in the hands of our clients so they can offer a modern customer experience and exceed the expectations of their patrons.”

For more information on VPA banking and the ENACOMM Financial Suite, go to www.enacomm.net.