Insights from The Lab

RPA Banking Use Cases

Category: RPA Banking Use Cases


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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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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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: 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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