Bankograph
Serving The Needs of New-Age Businesses

Gone are the days when doing business was limited to a certain demographic. Today, even a teenager can be an NFT-selling entrepreneur. A college dropout can be the most recognizable influencer on Instagram or YouTube, with millions of followers on social media. In the current business world, entrepreneurs are known for their passion and grit, not for their age or gender. This radical shift is making organizations rethink their business models, especially banks, and changing their business frameworks.

It’s no longer a world where the bank tells you what to do, but rather one in which the customer is king. New technology and changing consumer behaviors have shaken the traditional banking model. Today, banks must adapt to these changes or risk losing ground.

In this digital age, banks can provide funding facilities to a traditional business like a small factory, but not a TikTok influencer. Managing a customer when their assets are followers, likes, comments, and views is challenging. To help such new-age entrepreneurs and businesses, Singaporebased Bankograph was founded. “Our company has created an AI-powered, complete end-to-end white label digital cross messenger banking platform to cater to millennial and Gen-Z driven businesses, which can be launched by partner banks literally in weeks. This means from now own, MSMEs and consumers can interact with their banking provider 100% in a messenger of their choice. Bank mobile application is no longer needed. Some facts for traditional banks to consider: Gartner research predicts chatbots will become a primary customer service channel within five years, and 90% of checking account consumers ages 18–34 being comfortable interacting with a bank on a messaging app, ” says Alexander Gold, CEO of Bankograph.

One Platform for All

Bankograph has developed comprehensive AI and machine learning driven algorithms for digital banking in messengers that converts next-generation data into a compliant dataset, which is sellable to traditional bankers and financiers. This information is then converted into a form banks can use for various purposes. Gold calls it the “next generation of banking,” which can help all kinds of entrepreneurs around the world, in a way traditional banks cannot.

Bankograph’s AI-powered algorithms are designed to provide financial services for entrepreneurs at all stages of growth, including small businesses and independent owners who have never been able to access banking facilities before. In simple words, Bankograph is a company for the modern age. One that makes a client’s financial journey easier and more secure. Bankograph has a strong focus on security, which is one of the reasons they have built trusted relationships with their customers. They make sure that all transactions are properly safeguarded before processing.

Speaking of trust, since its inception in 2018, Bankograph has strived to create a platform where banks and customers can all work together to carry out financial transactions. This goal has driven the company to build a common ground where banks and merchants are partners and enjoy seamless financial exchange through automated, frictionless payments.

The Crown Jewel of Banking

Bankograph offers a unique value proposition that digitizes a customer’s journey to a seamless banking experience. It has created two platforms, a mobile and a messenger bank. The former gives customers a bank on-the-go, available anytime, anywhere. The messenger banking platform is the crown jewel of Bankograph, and has allowed them to help entrepreneurs who run their business on TikTok, Instagram, or Facebook. For instance, if someone uses WhatsApp to interact with their customer base, this messenger bank is integrated into this platform to detect and retrieve information required for banking services. This important feature enables the company to build a financial ecosystem for its users. The platform is designed so that it can be integrated with messenger applications to streamline banking services.

Automation and machine learning have helped the company create advanced solutions. Technology, however, is not Bankograph’s primary proposition. It’s the value it generates through partnering with banks and other financial entities to help customers throughout their journey. The company’s focus on customer success is one of the most important aspects of its business model. By partnering with banks to provide technology solutions that help customers, Bankograph creates value for everyone involved. Customers get better service and more options, banks improve their bottom line by offering value-added services to their clients, and Bankograph grows with its partners.

Currently, the company is joining hands with a financial firm in the Middle East to deploy a unique Islamic banking platform. It will have all the features of mobile and messenger banks. The only difference is that it won’t charge interest on loans.
What differentiates Bankograph from the rest is its ability to cater to the entire banking ecosystem, from digital transactions to managing funds distribution and payment infrastructure. Another factor differentiating Bankograph from its competitors is that the company doesn’t act like a vendor. “We have positioned ourselves as a software provider that can help a bank grow and achieve its goals,” says Gold. Unlike traditional vendors, the company offers an up-and-running platform, which customers don’t have to integrate from the ground up. This eliminates the months that go into software implementation.

Bankograph will continue to create products to help banks cater to new-age entrepreneurs. Through its technology and partnerships, the company is confident in bringing the next-generation of banking to the doorstep of every entrepreneur.