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Artificial Intelligence

Banking Automation RPA in Banking

For example, you might need to generate a report to show quarterly performance or transaction reports for a major client. If a customer closed their account, the process took days – which can be a pain for scheduled payments or direct debits.With RPA, Santander's customers can close their accounts immediately for peace of mind. That meant a frustrating delay between customer payments going out and the correct balance showing on their accounts. Accordingly, Wells Fargo also introduced an AI-powered mobile app that is developed using predictive analytics. This intelligent Smartphone application alerts customers if their billing payments exceed the limit. RPA bots can simplify data transfer between systems...