Banking technology has transformed the banking industry in recent years, with RPA (Robotic Process Automation) allowing banks to automate up to 70% of their tasks. While RPA paved the way, more banking automation technologies are following close behind, including a cluster of AI (Artificial Intelligence) technologies like speech recognition, machine learning, and deep learning. (source)
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DocuPhase’s “Business Process Automation” blog will provide valuable insight into how your company can benefit from implementing document management and workflow automation into existing processes.
Just as retail apps and ecommerce sites are replacing many people’s shopping mall experiences, banking apps and websites are taking the place of in-person banking for a growing number of people.