Insights from The Lab

Robotic Process Automation in Banking

Category: Robotic Process Automation in Banking

Automate ACH exceptions reversals processing at your bank or credit union

Powerful “Top-20” use-case bot blazes through credit-card and ACH exceptions reversals in one pass, saving banks and credit unions 200 to 2,300 hours! We can’t overstate how much time your bank or credit union is spending—monopolizing the time of valued staff members—on ACH-related chores. They are absolutely the most resource-draining activity you face, every single …

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Robotic Process Automation for Processing Banking AML Alerts

Save 1,000 to 6,000 hours/year by using RPA bots to build anti-money-laundering case files The Bank Secrecy Act or BSA mandates procedures, for banks, to be on guard against potential money-laundering activity. These anti-money-laundering or AML provisions, in turn, have led to the development and proliferation of specific AML-detection platforms used by banks every day. …

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Banking Robotic Process Automation for Exception Tracking and Clearing for Consumer and Commercial Loans

Save 1,000 to 4,000 hours of manual labor, year after year, with RPA banking bots Loans require supporting paperwork from the borrower; it’s a fact of life in banking.   And for every form that needs to be attached to a loan—and then updated, and then checked—there are people in your bank’s Loan Operations team who …

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The Banking Basis-Point Bot

Maybe you use basic Excel spreadsheets. Or an expensive, third-party platform. Maybe you’ve even tried to use the “intelligent pricing” feature in your existing loan origination system (LOS)… good luck with that! Be honest: Do current pricing methods convince you that commercial loans capture every possible basis point of margin? How about the overall portfolio …

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Improvements from Start-to-Finish

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