TSB launches Smart Agent Coronavirus chatbot

TSB has launched a new Smart Agent function on its website to give customers immediate access to the measures introduced during the Coronavirus pandemic, including how to apply for a repayment holiday on mortgages, personal loans and business loans.

Customers now have the ability to ask questions and get their answers ‘live’ from TSB’s employees - the first time it has provided this functionality.

This new approach is freeing up TSB’s employees in branches and contact centres to focus on serving its most vulnerable customers or those that need essential bank services. Since launching on 25 March, Smart Agent has answered over 11,000 customer requests using a combination of a chatbot and employees. Before introducing the chat function, these requests would typically have led to a call being made to the bank’s contact centres, or a visit to the branch.

Working closely with its technology partner IBM, TSB was able to introduce Smart Agent in just five days. Over 250 employees have now been trained to provide the service, the majority of whom are working from home, from all areas of the bank.

Today, Smart Agent was enhanced to include the ability to authenticate the identity of customers which will enable it to be further tailored to their individual needs. The service will also be included within the TSB mobile app.

TSB’s chief operating officer Suresh Viswanathan said: “We’re determined to help our customers in every way we can during this difficult period.

"That’s why it was important to deliver this solution quickly and I’m pleased we’ve been able to get it up and running in five days - it’s a testament to our teams working in partnership with IBM and our modern banking platform."

    Share Story:

Recent Stories


Sanctions evasion in an era of conflict: Optimising KYC and monitoring to tackle crime
The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists.

Achieving operational resilience in the financial sector: Navigating DORA with confidence
Operational resilience has become crucial for financial institutions navigating today's digital landscape riddled with cyber risks and challenges. The EU's Digital Operational Resilience Act (DORA) provides a harmonised framework to address these complexities, but there are key factors that financial institutions must ensure they consider.

Legacy isn’t the enemy: what FSIs can do to keep their systems up and running
In this webinar we will examine some of the steps FSIs have already taken to rigorously monitor and test systems – both manually and with AI-powered automation – while satisfying the concerns of regulators and customers.

Optimising digital banking: Unifying communications for seamless CX
In the digital age, financial institutions risk falling behind their rivals if they fail to unite fragmented communications ecosystems to deliver seamless, personalised customer experiences.

This FStech webinar sponsored by Precisely explores vital strategies to optimise cross-channel messaging through omnichannel orchestration and real-time customer data access.