Insights from The Lab

Robotic Process Automation in Banking

Category: Robotic Process Automation in Banking

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

Save 2,000 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 are suffering, …

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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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Automatic Processing of Fraud-Detected Deposits for Banks

Save 4,400 hours of intense manual labor, with RPA banking bots It happens every day—in fact, at the bank in this story, it happens 50 times a day. We’re talking about processing customer deposits that need to be either denied or have their holds extended, since they get flagged by your bank’s fraud-detection software. This …

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Automate Adverse-Action Letters to Declined Fintech-Generated Applications for Banks

Regional bank saves 4,600 hours per year with RPA banking bots Fintech platforms sure promise a lot: Plenty of new-account applications, served on a platter, to your bank. The reality isn’t quite so exciting. Sure, the fintech platforms can give you a lot of applications, but they don’t do anything about all of the applications …

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Improvements from Start-to-Finish

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