BankBot has the user's transaction history readily available. Users tell BankBot the amount to send and the recipient's name to pay bills or transfer money. Then it functions via artificial intelligence—using natural language processing and a growing knowledge base. "This is important not only for financial institutions, but for e-commerce as well," the company wrote on its website. BankBot also provides financial advice. It reminds users of when to pay off their credit cards, when to do their taxes, or suggests better options for interest or investments. "What is really important for us is that BankBot is proactive, unlike Siri, for example," Lipiec said. “It reminds users of necessary information on its own initiative.

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