Robotics & Automation News

Market trends and business perspectives

banking

How to Implement RPA for your Bank

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Robotic Process Automation is becoming more and more practical in almost every industry. In banking, this begs the question, should banks be adopting RPA? The answer is yes! This article explores how banks can implement RPA for their organization.

The introduction of RPA has greatly impacted the banking industry. In a world where banks are managing large volumes of information, RPA can save time by taking repetitive tasks off the hands of humans. It leads to fewer errors, eliminating financial loss and benefiting the bank. [Read more…] about How to Implement RPA for your Bank

How should you serve your customers so that you get more of them

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Today, all the basic daily operations of the client are quenched on the card in the app. You are primarily focused on digital service, so it is worth paying attention to the development of financial service products because these are striking short-term and large-scale long-term results.

Let’s look at the key points of the efficiency of financial services. [Read more…] about How should you serve your customers so that you get more of them

How are Banking and Finance Firms Leveraging Robotic Process Automation?

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With banking and financial transactions going digital, the preservation of banking and financial firms are tremendous to primarily, boost productivity and secondly, cut the operational cost.

With this rising demand, banks and financial firms are actively implementing Robotic Process Automation or RPA. The RPA plays an active role in automating the business processes that were previously done manually.

This automation is extremely important especially to function in a competitive market. Also, the return on investment in RPA is also extremely high. RPA in banking and financial firms mostly work by combining both robots and artificial intelligence to augment human operations. [Read more…] about How are Banking and Finance Firms Leveraging Robotic Process Automation?

Biggest FinTech Trends of 2022

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The pandemic and fast technology development made their impact on many traditional businesses, including the financial services industry.

Nowadays, companies need to come to terms with new realities and increased customer requests.

Meanwhile, a new generation of tech-driven startups keeps making breakthroughs, changing the rules of the game forever. [Read more…] about Biggest FinTech Trends of 2022

Crypto: Reshaping Future

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Several technological advances have been hailed as game-changers in the corporate future. Organizations have depended on technology for decades to function more efficiently and securely.

Blockchain is undeniably exciting. While opinions will always range on which technology will have the most impact.

Transactions are secured in a secure digital ledger that can be audited. Keyless signature systems and the ability to track products from farm to table are just two of the many benefits. [Read more…] about Crypto: Reshaping Future

Machine learning in banking and marketing applications for 2021 and beyond

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Artificial intelligence (AI) and machine learning in banking make the strongest combination possible. Since these technologies are versatile, there are a lot of ways to use them across industries, and in the fintech sector as well.

There are a lot of concerns and discussions around artificial intelligence and machine learning that last for several decades already. The recent pandemic has greatly accelerated the development of innovation.

Smart robots are already capable of helping shoppers select and deliver goods, as well as performing simple medical tasks such as delivering drugs and instruments. What is more, the main forecast remains unchanged – the share of artificial intelligence in business will grow every year. [Read more…] about Machine learning in banking and marketing applications for 2021 and beyond

The Future of Finances – A Digital Banker

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As a consumer, the most beneficial aspect of modern banking is the ability to have your money by your side at all times.

This easy access to your money will save you from having to make your way to the bank every time one of your accounts runs low and you need to transfer.

As a banker, there is a growing demand for banks and financial institutions to implement this digital method of banking. Consumers want their money whenever and wherever they can get to it. [Read more…] about The Future of Finances – A Digital Banker