Named a Leader in the Gartner® Competitive Landscape: Conversational Solutions™, 2025Get the report
Case studies
FibabankaCustomer story · Banking

The AI assistant that makes everyday banking direct.

Fi'bot is Fibabanka's AI-based chatbot, developed and delivered by CBOT within one month. Built on CBOT's natural language processing and machine learning technologies, it helps customers across almost every subfield of retail banking through direct, natural interactions. Fi'bot serves through the bank's website, Facebook Messenger and Google Assistant.

01Executive summary

Fibabanka, an innovative finance brand focused on digitalization, worked with CBOT on Fi'bot to handle everyday banking questions through direct, natural interaction. Delivered within one month, the assistant covers almost every area of retail banking with full functionality in Turkish. As of October 2020 it handles around 14 thousand messages a month at a 93% accuracy rate and 95% coverage.

14K
monthly avg. messages
Fi’bot anticipates the whole range of everyday natural-language messages and gives customers a natural interface to the bank.
14K
monthly avg. messages
93%
accuracy rate
95%
coverage rate
02The need

Fibabanka wanted to help customers with their everyday banking queries in the most direct and natural way, and to be among the early movers in the market for AI-based banking chatbots, with full functionality in Turkish and without adding a maintenance burden on the bank's teams.

Direct, natural interaction

Fibabanka wanted to help customers with everyday banking queries in the most direct and natural way.

Full functionality in Turkish

The solution had to work fully in Turkish and correctly interpret natural-language messages.

Current information

Constantly changing data such as fees, commissions, branch and ATM details had to stay up to date.

No extra maintenance

It had to run without adding maintenance work for the bank’s teams while making Fibabanka an early mover in the market.

03The solution

CBOT developed and delivered Fi'bot within one month. Built on CBOT's natural language processing and machine learning technologies, Fi'bot handles calculations, currency conversions, fees and commissions, branch and ATM lookups and campaign offers, and serves customers through Fibabanka's website, Facebook Messenger and Google Assistant.

01
Delivered within one month

CBOT developed and delivered Fi’bot within one month, built on its NLP and machine learning technologies with full functionality in Turkish.

02
Every subfield of retail banking

Fi’bot covers loan and deposit calculations, currency conversion, fees and commissions, branch and ATM lookup, and campaign offers.

03
Kept current by web crawling

CBOT’s web crawling capability keeps all information current without adding maintenance work for the bank’s teams.

04Scope & technology
05Closing & what's next

Delivered in a single month, Fi’bot handles almost every subfield of retail banking in natural Turkish and keeps its information current without burdening the bank’s teams.

IN LATER PHASES

Fibabanka and CBOT continue to keep accuracy and coverage rates high and to extend the assistant to more channels and platforms.

More case studies

Every organization's needs are different, but the impact of a well-designed AI experience is shared: faster processes, easier service and stronger customer engagement. Explore the other success stories we have brought to life across different industries.