Insights from The Lab

Banking Operations Process Improvement

Category: Banking Operations Process Improvement


RPA to the Rescue in Banking: Automating ACH Stop Payments in 3 Weeks

Speed operations, eliminate drudge work and errors in your bank or credit union with robotic process automation Stop-payments are a common transaction between all banks. Despite the “automated” part of Automated Clearinghouse (ACH), these are processed manually by banks every day, totaling thousands in a short time. In this article, The Lab will show how …

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Harnessing Business Intelligence (BI) Analytics For Bank Retail Branch Networks

See the info that’s invisible in Excel sheets! How Retail Banking Executives Can Use a Microscope to See into Operations Data in Multiple Systems – Within a Few Months Every bank wants to contain costs, while maximizing customer service, at its retail branch network. If you want to do this, you want to be able …

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How to Automate Your Bank’s Back Office Operations with Bots and RPA

This blog post is part 3 of 3 part series on how to strategically lower costs, increase operating leverage, improve customer experience, and automate what wasn’t automatable in your bank. Link to Part 1: Banking Big Rock 1 of 3 – The Retail Branch Network Link to Part 2: Banking Big Rock 2 of 3 …

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Cut Banking Costs Now: Lending Operations Improvement in 2020

“Big Rock” 2 of 3: Crush Lending Costs and Multiply Productivity A guide for uncovering the trickiest—yet most powerful—cost savings: How to supercharge your bank’s revenue engine Ask any banking executive to “cut costs in their lending operation” and they’ll look at you like you’re insane. That’s the revenue engine! You should never, ever make …

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Improvements from Start-to-Finish

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