Blog: Banking

automation-in-banking
Intelligent Automation in Banking

Automation Banking

In 2020, most consumers and banking institutions are generally familiar with artificial intelligence driving intelligent automation in banking. The concept has been discussed on board rooms for...

October 12, 2021
kyc-obstacles
Transforming KYC Obstacles into Opportunity

Banking

The Know Your Customer (KYC) workflow and client onboarding is critical for banks because it establishes the tone for future client experiences, relationships, and service levels, all of which have a...

October 8, 2021
credit-risk-workflow-automation
Credit Risk Workflow Automation

Banking

Credit risk workflows take up a substantial amount of time and effort for banks. In addition, their ability to assess the credit risk of a loan portfolio is based on their ability to examine...

September 13, 2021
KYC
Using Automation to De-Risk the Onboarding Process in KYC

Banking

Manual onboarding is a bank's highest-risk KYC process with the lowest rate of return. Automation can remove these hazards by taking on the responsibility of performing the grueling legwork.  In...

August 25, 2021
Digital Transformation Banking
5 Ways to Tackle the Threat of a Legacy Banking System

Banking

Legacy banking systems have an impressive 60-year foothold that’s losing its grip with the modern customer — and opening a great opportunity for innovation. Traditional banking mainframe...

August 19, 2021
Bank Workflow Solution
4 Profit-Driven Reasons Why Treasury Services Should Embrace Automation

Banking

At the nucleus of any bank or credit union is the treasury service team. This vital department helps decide where to invest capital, how much to hold in reserve, assess liquidity, and ensures each...

August 13, 2021
digital-account-opening-banking
Improving the Digital Account Opening Process in Banking

Banking

This article is part of a series on improving industry-specific digital account opening processes. Digital banking used to be a luxury for top-tier banks, with most activity taking place at a...

June 28, 2021
digital-treasury
Building a Digital Treasury

Banking

Adopting new technologies for the treasury and banking industries is rapidly accelerating. Treasurers and other accounting professionals view processes such as gathering currencies, aggregating daily...

June 17, 2021
How to Prepare Your Bank for Gen Z
How to Prepare Your Bank for Gen Z

Banking

Generation Z is defined as people born between 1995 and 2015. Gen Z holds up to $143 billion in spending power, but they aren’t tied to a specific brand or product as they tend to not have brand...

June 3, 2021
account-opening-process
5 Ways Banks Can Improve The Account Opening Process

Banking

Modern consumers are accustomed to the conveniences of consumer apps such as Uber and Amazon. These consumers expect the same user-friendly experiences during the account opening process. The banking...

May 17, 2021
baas-apple
5 Popular Brands Really Using Banking as a Service Infrastructure

Banking

Banking as a service (BaaS) is a red-hot way for non-banking brands to offer financial services without investing in building out the costly infrastructure of an actual bank. Virtually any brand or...

May 4, 2021
customer-service-banks
7 Effective Ways to Improve Customer Service in Banks with Tech

Banking

Are you putting relationships first in your bank’s customer experience? With over 2 million banking complaints in the UK alone in 2019, your customers might say otherwise. If you’re looking to...

April 19, 2021
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