10 Most Automated Processes in the Banking Industry

RPA for the banking industry is like a match made in heaven. With robotics, all the mundane, labor-intensive, rule-based, repetitive tasks across the banking sector can be automated using simple software bots. By implementing pre-programmed rules, software bots automate high-volume business processes to optimize costs, improve operational accuracy, and assure improved [...]

2021-04-09T09:44:49+00:00April 9th, 2021|Banking & Insurance, RPA|

The Role of RPA in Streamlining the Bank Reconciliation Process

A large number of financial organizations invest most of their time in managing things. Irrespective of the size, location, and the number of transactions in question, the scenario remains the same throughout when it comes to checking and matching transactions manually, preparing and posting journals to complete the required bank reconciliations. [...]

2020-08-12T14:00:48+00:00December 5th, 2019|Banking & Insurance, RPA|

Automate Credit Card Processing to Enhance Customer Experience

As more and more countries push their initiatives related to a cashless economy, the payment card industry is expected to grow by leaps and bounds in the coming years. However, the current industry is crippled with its own set of challenges. In this article, we will have a closer look at [...]

2020-08-12T14:04:37+00:00October 16th, 2019|Banking & Insurance, RPA|

Leveraging RPA in Insurance beyond Operational Efficiency

Call it adopting to Robotic process automation or settling for it, RPA is here to stay. According to a report put forth by Transparency market research, the IT-enabled Robotic Process Automation (RPA) market has been growing rapidly at a CAGR of 60.5% from 2014 and is expected to reach US$5 billion [...]

2020-08-12T13:41:51+00:00December 24th, 2018|Artificial Intelligence, Banking & Insurance, RPA|

Artificial Intelligence for Banking, Insurance and Financial Services

Artificial Intelligence and Robotic Process Automation together became the biggest technology revolution for industries nowadays. The applications that have cognitive capabilities, deals with creating software with self-learning capabilities that are able to recognize their environment and solve problems, like humans. Artificial Intelligence will naturally alter the banking, insurance and other financial services [...]

2020-08-12T13:37:37+00:00November 22nd, 2018|Artificial Intelligence, Banking & Insurance, RPA|
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