Blog: Banking All Categories Artificial intelligence Business Process Automation (BPA) Business Process Management (BPM) Hyperautomation Intelligent Automation Intelligent Document Processing (IDP) Process Intelligence Process Mapping Robotic Process Automation (RPA) Workflow Automation Business Process Automation (BPA) The $350 Billion Stakes of Digitizing Lender Workflows Organizations that delayed or dragged their feet in digitizing how they do business are feeling the heat. On every front, companies are clamoring to implement digital processes now that in-person... Business Process Automation (BPA) How Lenders Can Prepare for the CARES Act The Coronavirus Aid, Relefic, Economic Security Act (CARES) signed into law by the current President contains notable relief for small businesses affected by the national emergency declaration of... Business Process Automation (BPA) Reimagining Banking During the COVID-19 Crisis Before the COVID-19 crisis, the financial institutions were experiencing large growth, despite increasing competition and consumer demands. Yet, in only a matter of weeks, financial services... Business Process Automation (BPA) How Blockchain is Reinventing BPM for Banking As technology advances continue to disrupt business environments, it is essential for every organization to invest in transformative breakthroughs in technology to take their business to the next... Business Process Automation (BPA) How Financial Services Organizations Can Overcome Compliance Fatigue Over the years security and data breaches have had a negative impact on financial services organizations. Cyber attacks account for around $18.3 million annually per company. Verizon recently... Business Process Automation (BPA) Streamlining New Account Opening with a BPMs With technology changing by the minute, financial institutions often have a hard time keeping up with it. As a result, they have to deal with difficult learning curves, errors, and inefficient... Business Process Automation (BPA) What is Dual Approval in Banking? Every year banks are hit with fraud attempts valuing in a projected $48 billion annually in lost profit from data breaches, organized criminals, and phishers. Just last year, American Banker reported... Business Process Automation (BPA) What to Consider When Designing Banking Workflows for Customer Experience Improving the customer experience (CX) is the number one top priority for big banks today. Of the 50 largest international banks, three out of four now pledge themselves to some form of... Business Process Automation (BPA) How Do Banks Benefit From Robotic Process Automation (RPA)? RPA is transforming the banking industry as we know it. What exactly does RPA do, and how can it help banks... Business Process Automation (BPA) How AI Will Revolutionize Fair Lending Lenders and laws regulating fair lending have been a target for discrimination for hundreds of years. Many times, certain groups of people are left without the opportunity to qualify for a loan.... Business Process Automation (BPA) Credit Denial in the Age of AI Are you trustworthy? It’s a question that banks and financial services ask when determining who qualifies for a loan, credit card, mortgage, etc. Even in the age of artificial intelligence (AI), we... Business Process Automation (BPA) Why AI is the Future of Finance Artificial intelligence (AI) is leading the front of the digital transformation strategy in finance today. Using AI to improve core banking operations and tailor services will deliver over $250... Business Process Automation (BPA) It’s Time to Re-Think Anti-Money Laundering Anti-money laundering is one of the greatest threats to financial institutions today. In a world of instant gratification, consumers have put pressure on banks to deliver solutions that meet their... Business Process Automation (BPA) How Banks Can Compete With Customer Experience As financial technology has changed the banking landscape, traditional financial institutions have increasingly focused on customer experience (CX) to differentiate themselves from the competition.... Business Process Automation (BPA) 5 Things You Need to Know Before Choosing a Bank Workflow Solution Whether your bank is rapidly expanding into new markets or experiencing the growing pains of digital transformation, having access to the right bank workflow management solutions and tools to succeed... Business Process Automation (BPA) These 4 Digital Trends are Defining the Future of Banking In the world of global banking, new technology is paving the way for rapid growth and scalability. Banks are seeking alternatives to traditional methods to stay relevant in the market, investing... Business Process Automation (BPA) 5 Ways Artificial Intelligence (AI) is Revolutionizing the Banking Industry Between new governing laws, increased security threats due to fraud, and increasing pressure from consumers for better customer experience, traditional banking practices have quickly become outdated.... Business Process Automation (BPA) How to Reduce Bank Fraud With BPM Recently, Tesco Bank was fined over 20 million dollars for failing to prevent debit card fraud which affected it and 131,000 of its customers. Although the bank’s controls prevented 80 percent of... Business Process Automation (BPA) Using Intelligent Automation to Increase the Efficiency of Your Bank Banks face tough competition, disconnecting workflows, and erroneous reporting. Due to that fact, intelligent automation has recently been the key focus of the global banking industry as banks hope... Business Process Automation (BPA) Top Trends in Banking & Finance Banks have historically been resistant to disruption by technology because of its unique business model. Banks have built robust businesses with different departments that have different expertise,... Business Process Automation (BPA) How Automation is Changing the Banking Industry Automation is nothing new in the banking industry. We first saw automation take hold with the first automatic teller machine (ATM) in 1969. Since then the ATM paved way for the banking industry to... Posts pagination Previous 1 2 3 4
