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Is Robotic Process Automation The Latest Automation in Banking?

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In today’s scenario, our banking industry is under tremendous pressure. The reason is to improve productivity and efficiency with reliable and secure financial services to its customers. To accomplish this goal, automation has arrived into the picture. And, it is not a new concept in the banking sector. We have already seen it while operating ATM machines. Banking operations are carried out either using RPA or WLA. Out of two, Robotic Process Automation (RPA) is the latest automation in the banking sector.   RPA software works well for the front-end banking processes. It is typically installed on desktops to automate common interactions with an end-user. RPA technology driven by machine learning and artificial intelligence is getting better every day.   R obotic Process Automation - Dynamic Blessing for Banking Sector What is RPA meaning in banking? RPA is a software technology that builds and deploys software robots to imitate humans actions interplaying with digita