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# Voice-Activated Banking Assistants
The NAB Skill for Amazon Alexa Makes for Hands-Free Banking

By Laura McQuarrie | Published 2018-01-18 | Tech
Source: Trend Hunter, https://www.trendhunter.com/trends/nab-skill-for-amazon-alexa
References: [news.nab.au](https://news.nab.com.au/news_room_posts/hands-free-banking-alexa-ask-nab-if-ive-been-paid/) & [nab.au](https://www.nab.com.au/personal/banking/ways-to-pay/amazon-alexa?own_cid=shortURL:alexa)

The [National Australia Bank](https://www.trendhunter.com/trends/National-AI-ecosystems) recently introduced the NAB Skill for [Amazon](https://www.trendhunter.com/trends/virtual-recruiter) Alexa, which makes it possible for customers to connect their account to any Alexa-enabled device to quickly receive answers to their questions and perform simple transactions.

With NAB for Amazon Alexa, customers may use natural, conversational language to make inquiries like: "What's my account balance?" or even "Did I get paid this week?" The hands-free banking assistant also has the ability to carry out the [transfer of funds](https://www.trendhunter.com/trends/voice-ai-to-payments), as well as make purchases.

On the launch of this Amazon Alexa Skill, the National Australia Bank has noted: "In the future, we certainly see this experience turning into one where you can pay bills, make funds transfers or even purchase items at the command of your voice."

## Trend Insights (Trend Hunter)

- Score: 1.6/10
- Popularity: 17% | Activity: 23% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: North America

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Gadgets](https://www.trendhunter.com/gadgets)

## Key Themes

### Key Themes Behind This Trend

- **Voice-activated Banking Assistants:** Disruptive innovation opportunity: Creating voice-activated banking assistants that allow customers to perform transactions and receive answers to their questions using conversational language.
- **Conversational Language Banking:** Disruptive innovation opportunity: Developing conversational language banking solutions that enable customers to effortlessly interact with their accounts and perform transactions through voice commands.
- **Hands-free Financial Services:** Disruptive innovation opportunity: Offering hands-free financial services that enable customers to access account information, make purchases, and transfer funds using voice-activated devices.

### Where This Applies

- **Banking and Financial Services:** Disruptive innovation opportunity: Incorporating voice-activated assistants into banking and financial services to enhance customer experience and automate transactions.
- **Smart Home Devices:** Disruptive innovation opportunity: Integrating voice-activated banking assistants into smart home devices to provide convenient and seamless financial services to users.
- **Artificial Intelligence and Voice Technology:** Disruptive innovation opportunity: Combining artificial intelligence and voice technology to create advanced voice-activated banking assistants that enhance convenience and accessibility for customers.

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