back Back

Alaan becomes the first Middle Eastern FinTech to integrate OpenAI

By Leandra Monteiro

April 05, 2023

  • Alaan
  • Expense Management
  • FinTech
Share

Alaan Alaan, a UAE-based corporate spend management FinTech, has announced the integration of OpenAI’s advanced artificial intelligence technology onto its user platform to provide relevant insights on corporate spend and answer critical business questions in real time.

Parthi Duraisamy, CEO and Co-Founder of Alaan said, “We’re proud to be the first company in the region to integrate OpenAI’s advanced technology into our platform and are excited to use this groundbreaking software to further push our customer-first ideology. This partnership will allow us to provide our users with a more intelligent, intuitive, and efficient experience. We believe this integration will be a game-changer in expense management, and we look forward to its positive impact on our users’ businesses.”

With the integration of OpenAI, Alaan can leverage natural language processing (NLP) capabilities to provide users with a more intelligent, intuitive, and efficient expense management experience. The advanced AI-powered system will help users manage expenses with greater accuracy, speed, and convenience.

Through the integration with OpenAI, Alaan will offer users the ability to naturally type queries related to spending activities and receive personalised and context-aware responses within seconds, significantly improving the overall user experience. Additionally, the chatbot helps users categorise and analyse expenses in real time, identify patterns and trends in spending behaviour, and alert users to any unusual activity. This provides immense value to businesses to manage their expenses more effectively, saving time, reducing errors, and improving their bottom line.

The integration with OpenAI is now live and available to all Alaan users.

Previous Article

April 05, 2023

Zurp launches new credit card and banking platform

Read More
Next Article

April 05, 2023

3 FinTech companies offering BNPL in Poland

Read More








IBSi Daily News Analysis

March 22, 2024

Alaan

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 26, 2024

Form3 and Feedzai launch APP fraud solution for the UK market

Read More

March 26, 2024

LHV Bank launches personal savings product on Hargreaves Lansdown

Read More

March 22, 2024

UK RegTech Cube secures investment from HgCapital Trust

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023