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Robotic process
automation (RPA) is a software
technology that makes it easy to
build, deploy, and manage
software robots that emulate
humans actions interacting with
digital systems and software.
RPA helps financial
institutions (FIs) become more
efficient and effective.
Software robots can do things
like navigate systems, identify
and extract data, and perform a
wide range of defined action
faster and more consistently
than people
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RPA streamlines key banking functions, including
customer onboarding, verification, risk
assessment, security checks, data analysis and
reporting, compliance processes and other
administrative activities.
Automating these processes not only benefits
consumers, it also frees up FI employees to
perform more complex, value-adding activities. |
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