Can RPA save banks 50% of processing time?

Can RPA save banks 50% of processing time?

Robotic process automation (RPA) bots handle repetitive tasks like KYC checks, report generation, and transaction reconciliation cutting processing times by around 50%. They mimic human actions in applications, integrate with legacy systems, and run 24/7. This frees staff for high-value work, reduces errors, and accelerates customer service levels.

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