5 Use Cases for ASR in FinTech
Blog post from Speechmatics
Speechmatics recently returned from the FinTech World Forum 2022 in London where they discussed the various use cases of ASR (Artificial Speech Recognition) technology in the financial sector. The company highlights five key areas where ASR can bring significant ROI, including contact centers, voice assistants, RegTech and compliance, rich media, and employee productivity. According to a recent study by Marqual IT solutions, the market share of speech-to-text technology is expected to reach $5.8 billion in 2027, with Banking & Finance being the largest segment. Speechmatics emphasizes its ability to support high accuracy ASR, beating competitors like Microsoft and Google, and has recently added Entity Formatting to its features, which can provide both written and spoken transcripts for improved readability.
No tracked trend matches for this post yet.
Use this post, company, and trend context to find content marketing opportunities, perform competitive analysis, or address product feature gaps via the Plushcap MCP server or the Plushcap API.