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Saturday, November 23, 2019

RPA Usage in Banking

A good area to explore, since its methods and processes are better defined.  Our own work in RPA-like AI worked best in financial areas.  Also were the easiest to maintain over time, being more stable.

RPA in Banking – Use-cases, Benefits and Steps       By Mitul Makadia 

It is no secret that today, banks and other financial institutions have to evolve continually to provide the best customer experience to the users and remain competitive in the saturated financial sector. With massive counter competition from virtual banking solutions, banks are under immense pressure to boost efficiency and optimize the resources. The scarcity of skilled resources, a sudden surge in personnel costs, and the need to improve process efficiencies are some of the other challenges that the banking and financial sector face today. This has led to the adoption of Robotic Process Automation (RPA) in banking and finance.

In this blog, we are going to discuss various aspects of robotic process automation in financial services along with its benefits, opportunities, implementation strategy, and use cases.

Robotic Process Automation In Banking
Robotics in banking & finance is primarily defined as the use of a powerful robotic process automation software to –   .... " 

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