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Top 10 Use Cases & Examples of RPA in Banking Industry 2022

By Shireen Khimani
March 21, 2024
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Intelligent Automation in Lending and Banking Processes Surveys suggest that implementing RPA alone has enabled banks to save up between 25% to 50%. Nowadays, banks and financial institutions are being pushed to reduce expenses and boost efficiency. Lack of trained resources, the need to enhance process efficiency, and increasing human costs are further issues faced by the banking sector, which have prompted the use of robotics-assisted process automation (RPA). RPA is further improved by the incorporation of intelligent automation in the form of artificial intelligence technology like machine learning and NLP skills used by financial institutions. This paves the way …

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