How Do Banks Use Automation: Benefits, Challenges, & Solutions in 2024 The bots are expected to handle 1.7 million IT access requests at the bank this year, doing the work of 40 full-time employees. And at Fukoku Mutual Life Insurance, a Japanese insurance company, IBM’s Watson Explorer will reportedly do the work of 34 insurance claim workers beginning January 2017. […]
Robotic process automation in banking industry: a case study on Deutsche Bank Journal of Banking and Financial Technology RPA combined with Intelligent automation will not only remove the potential of errors but will also intelligently capture the data to build P’s. An automatic approval matrix can be constructed and forwarded for approvals without the need for human participation once the […]
The History of AI: A Timeline from 1940 to 2023 + Infographic This led to a decline in interest in the Perceptron and AI research in general in the late 1960s and 1970s. Alan Turing, a British mathematician, proposed the idea of a test to determine whether a machine could exhibit intelligent behaviour indistinguishable from a human. The conference also […]
RPA vs Cognitive Automation Complete Guide Cognitive Automation helps create innovative and customized products, along with highly responsive, omnichannel customer services available 24/7. Based on my experience with Cognitive Automation, companies can increase the level of their customer satisfaction by more than 50 percent, while reducing the contact-center workload at the same rate. COVID-19 and its butterfly effect threw the […]
