Bank Asia to use AIW Works software

Bank Asia Limited has recently signed an agreement with AIW Works India, a cutting-edge technology company specialising in AI-based hyper-automation solutions for financial institutions. 

Adil Chowdhury, president and managing director of the bank, and Sohaib Siddiqui, founder of AIW Works, signed the deal at Bank Asia Tower in Dhaka, said a press release.

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Under the agreement, Bank Asia will leverage AIW Works' state-of-the-art AI-powered software solutions to automate and streamline various business processes.

These advanced technologies utilise artificial intelligence to enhance operational efficiency, reduce errors, and accelerate processes, revolutionising how the bank operates.

SM Iqbal Hossain, deputy managing director of the bank, Hossain Ahmad, chief information officer, Md Saiful Islam, chief technology officer, Mahbub A Alam, chief digital officer, and Mehraab Anwar, CEO of DOTech Limited, were present.

The partnership between Bank Asia and AIW Works marks an important milestone in the banking industry's adoption of AI-powered automation, the press release added.

It not only signifies the growing potential of advanced technologies but also showcases the commitment of Bangladeshi financial institutions to leverage AI for digital transformation and improved customer experiences, it said.