Posts: 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) How Banks Can Compete with Disruption from Fintechs Over the past two decades, every industry has felt the impact of technological disruptors. Innovation has become the law of today. Due to highly-regulated environments, banks have been able to retain... Business Process Automation (BPA) Create an Outstanding Onboarding Experience in Banking Customer onboarding is an essential process for many businesses, and especially banks and financial institutions. Relationships are vital in both retail and commercial banking. Getting off to a good... Business Process Automation (BPA) Automating Banking Forms with Intelligent Document Processing As technology advances, along with disruptions brought by fintech and evolving consumer demand, dramatic changes have been made around what digital customers expect of contemporary banking. Consumers... Business Process Automation (BPA) Decoding Composable Banking Banking is experiencing a bustling state of disruption. New competition from Fintech apps and nimble branchless banks is upending the paradigm of what it means to be a “bank.” For these new... Business Process Automation (BPA) Digital Transformation in Banking The hub of a bank’s activity used to be the branch. Now, with more than half of customers conducting the majority of their banking over the internet, ‘banking’ conjures images of mobile apps... Workflow Automation 5 Features of Banking Process Workflows Banks are turning to automated workflow solutions to boost efficiency and compliance, while reducing operational costs. Another important need is to improve bank customer communication in a highly... Business Process Automation (BPA) Improving Customer Communication at Your Bank The world that we live in is constantly evolving. Our mobile devices have become mini-communication hubs that seemingly power our interactions. These communication trends have infiltrated the... 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) 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 Management (BPM) Handling Credit Risk Management With Business Process Management Software The global financial crisis and credit crunch in the early 2000s put a spotlight on credit risk management regulations. Soon more transparency was required by regulators. These regulators wanted to... 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... Business Process Automation (BPA) Emerging Market Trends: Liquid Workforce Workforce Revolution We are embarking on a new era that may prove as disruptive as the industrial revolution. As a result, the way and reasons we work are changing and technology is a primary... Business Process Automation (BPA) Emerging Market Trends: Digital Trust From the 2008 financial crisis to the enormous Equifax data breach, news outlets regularly report on data breaches in almost every industry. Since information has become so valuable, securing data... Business Process Automation (BPA) Emerging Market Trends: Platform Economies The application of big data, new algorithms, and cloud computing is creating new platform economies. These new platform economies are already altering how we work - as well as the structure of the... Business Process Automation (BPA) Emerging Market Trends: Cryptocurrency As markets change, it’s both exciting and fascinating to watch digital banking trends emerge. From the unique application of cryptos, the wide range of remittance and online payment options, to... Posts navigation Previous 1 2
