Insights from The Lab

RPA Banking Use Cases

Category: RPA Banking Use Cases


Automate Banking Consumer Loans Input Quality-Control

Eliminate this tedious, error-prone chore forever with RPA bots  Consumer loans are the lifeblood of your bank. But making sure they’re properly processed and checked for quality-control is a ton of work. It invites errors. Your employees wonder why they even have to perform the painful chore of doing quality-control, or QC, reviews on consumer …

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Banking Digitization in 2021: If a banking core provider tries to sell you a “fix,” that’s an admission of guilt.

The Lab has helped to automate countless work activities, for scores of processes, at tons of banks worldwide. So we have really deep domain expertise when it comes to both robotic process automation (RPA), and the core systems that need automating. We need to be delicate here. This article is an anonymized mashup of different …

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How to survive the banking core-system-provider limitation blues – without changing your core (again)

Finally—a way to liberate your bank from “core” competitive restraints with digital transformation bots A recent survey of community-bank CEOs asked them to choose the biggest threat to their growth prospects. Can you guess what it was? Think it was competition from other banks? Nope. Think it was competition from non-bank companies? Nope. Think it …

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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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Improvements from Start-to-Finish

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