By industry

Intelligent robotic automation in Banking

Natural Language Processing enables machines to understand, interpret, and respond to human language.

Machines Like Me provides Banks with Intelligent Automation

The banking sector, a dynamic arena known for embracing technological advancement, is a pioneer in intelligent robotic process automation. This technology integrates flawlessly within the industry’s extensive range of standardized processes, thus allowing for AI-powered RPA to accelerate many banking processes. Examples in this industry include the validation and provision of loans, fraud prevention, and account management. The implementation of our automation software will require minimal effort on your end, offering maximum efficiency and accuracy. Experience the benefits firsthand and join this digital revolution now! Endless possibilities are waiting.

Percentage of banking processes suited for automation

Reduction of operating costs

Decrease in errors during data processing

Heatmap for Banking

High RPA potential

Medium RPA potential

Check out in depth what Automation can deliver for Banks in these cases:

Risk and compliance assessments.

These essential components of banking and financial operations, aiming to ensure that banks operate within legal and regulatory requirements and manage various forms of risks.

Yet another
case

These essential components of banking and financial operations, aiming to ensure that banks operate within legal and regulatory requirements and manage various forms of risks.

Yet another
case

These essential components of banking and financial operations, aiming to ensure that banks operate within legal and regulatory requirements and manage various forms of risks.

Yet another
case

These essential components of banking and financial operations, aiming to ensure that banks operate within legal and regulatory requirements and manage various forms of risks.

Banking Process Examples

Customer Onboarding

Automation software helps gather and verify personal or financial data, and also establishes data archiving and process monitoring.

Compliance

RPA is able to gather data from an abundance of sources, an example being the ability to gather data from government websites and input it into a bank’s internal system while following guidelines.

Customer Service

RPA-Chatbots handle low-priority customer queries such as checking account balances, mortgage application status, or initiating urgent account blockage.

Loan processing

RPA automates many administrative processes, including underwriting and validation, and it enters data into the corresponding systems for further analysis.

Fraud detection

RPA monitors customer transactions carefully. It detects anomalies easily, flags them as potentially fraudulent, and alerts human employees.

Unleashed productivity

RPA manages many processes associated with account management such as sending emails regarding customer documents, updating account data or account closures.