#banking and finance software solution

[performix]

Is your organization struggling to manage risk? Learn how custom software and cutting-edge technologies like AI and blockchain can help you build a robust risk management framework and safeguard your future success.

[facileconsulting]

Unlocking Efficiency and Innovation: The Role of Robotic Process Automation (RPA)

In today's fast-paced and competitive business environment, organizations are constantly seeking ways to improve efficiency, reduce costs, and increase productivity. Robotic Process Automation (RPA) has emerged as a powerful tool that can help businesses achieve these objectives.

What is Robotic Process Automation (RPA)?

Robotic Process Automation (RPA) is a technology that allows businesses to automate repetitive, rule-based tasks. It uses software robots, also known as "bots," to mimic human actions and interact with digital systems. These bots can log into applications, navigate through screens, input data, and complete tasks just like humans would.

The Role of RPA in Business:

RPA can be used to automate a wide range of tasks across various industries and departments. Here are some examples:

Finance and Accounting: Automating tasks such as accounts payable and receivable, invoice processing, and financial reporting.

Customer Service: Automating tasks such as answering FAQs, resolving customer inquiries, and processing orders.

Human Resources: Automating tasks such as onboarding new employees, processing payroll, and managing benefits.

IT: Automating tasks such as provisioning accounts, managing user access, and deploying software updates.

Impact of RPA on Businesses:

Implementing RPA can offer numerous benefits to businesses, including:

Increased efficiency and productivity: RPA can automate time-consuming and tedious tasks, freeing up employees to focus on more strategic and value-added activities.

Reduced costs: RPA can help businesses save money on labor costs, as well as reduce errors and compliance risks.

Improved accuracy and compliance: RPA bots are programmed to follow specific rules and procedures, which can help to improve accuracy and compliance with regulations.

Enhanced process visibility and control: RPA provides businesses with a clear view of their processes, which can help them identify and address bottlenecks.

Improved customer satisfaction: RPA can help businesses improve customer satisfaction by automating tasks such as order processing and customer service interactions.

RPA Services:

Implementing RPA successfully requires a partner with expertise in the technology and a deep understanding of business processes. A comprehensive RPA solution should include the following services:

Document AS-IS Process: This involves mapping out the existing process to identify areas for automation.

Design & Development of Bots, workflows, and forms for process automation: This includes designing and developing the software robots that will automate the tasks.

Bot license (We will use the appropriate underlying technology): This provides access to the software robots and the underlying technology platform.

Infrastructure: This includes setting up the necessary infrastructure to support the Robotic Process Automation (RPA) solution.

Production Deployment of the Bots: This involves deploying the bots to production and monitoring their performance.

RPA support: This includes ongoing support for the RPA solution, such as troubleshooting and maintenance.

Test & Deploy bots to production: This involves testing the bots in a production environment and making any necessary adjustments before they are deployed to full production.

Configuration data changes: This involves making changes to the configuration data of the bots as needed.

Password updates: This involves updating the passwords of the bots as needed.

Errors in executing the Bots: This involves resolving errors that occur during the execution of the bots.

Determining the “root cause” of a recurring issue or incident & recommendations: This involves identifying the root cause of a recurring issue or incident and recommending solutions to prevent it from happening again.

Infrastructure/application related issues: This involves resolving issues with the infrastructure or applications that the bots are interacting with.

Conclusion:

RPA is a powerful technology that can have a significant impact on businesses of all sizes. By automating repetitive tasks, RPA can help businesses improve efficiency, reduce costs, and increase productivity. However, it is important to choose a reputable Robotic Process Automation (RPA) companies with the expertise and experience to help you implement a successful RPA solution.

Ready to embrace the power of RPA?

Contact us today to learn more about how RPA can help your business achieve its goals.

[kyc-uk]

KYC Provider UK

KYC Verification is essential to onboard a new client in UK businesses to authenticate the identity of a person associated with the business and even to check involvement in money laundering. We are one of the leading KYC providers in the UK and assist with KYC API for financial and non-financial businesses.

[insteptechnologies123]

InStep Technologies is a trusted fintech software development company delivering secure, scalable, and innovative financial solutions. We build custom fintech apps, APIs, mobile wallets, blockchain integrations, and automation tools for startups, banks, and enterprises.

[quantumleapblog]

Smart Tech for Small Finance: The Future of Microfinance is Now

Microfinance institutions today are no longer bound by manual records or outdated systems. With the rise of advanced microfinance software solutions, rural lending is getting smarter, faster, and far more inclusive. From loan origination and KYC to credit scoring and collections—everything is now digitized, secure, and scalable.

For MFIs, this isn’t just a digital upgrade—it’s a mission enabler. Software platforms are not only improving operational efficiency but also expanding the reach of micro-credit to remote areas with real-time analytics and mobile-ready tools.

In a world where every second counts and every rupee matters, the right microfinance software is your edge.

[staszaranek]

Fintech built smarter. 🤓💻

SDH integrates cutting-edge technologies with your vision. Digital banking, blockchain, personal finance apps—done right. Explore:

[charisdevil]

[newgensoftware]

Newgen has been recognised in the Gartner® Market Guide for Commercial Banking Cash Management and Trade Finance Solutions, 2023. Authored by analysts, Mary Yan and Derek Frost, this Market Guide is tailored for bank CIOs to gain insights into the market direction and  Representative Vendor solutions for cash management and trade finance solutions.

[performix]

Performix, a top fintech software development company in the USA, stands as the strategic ally to navigate the dynamic landscape and meet the challenges and opportunities presented by this ever-evolving sector.

[mobio-solutions]

Banking gets a tech makeover! See how AI and software are shaping the future of banking workplaces for better efficiency and security. 📈

[finacussolutions]

[tilli-software]

Drop by Tilli Software's Booth E19 & E21 at Global FinTech Fest 2023 from 5th to 7th September and check out the magic of Monay - Your ultimate global payment solution! Plus, get a taste of our cool tech services for Bharat Bill Payment System (BBPS) Biller onboarding. Can't wait to see you there! For inquiries, drop an email at discover@tilli.pro #gff2023 #mumbai #india 📝 Register Now to Secure Your Exclusive Meeting with Our Experts!

[mobiloittetechblogs]

Fintech Software Development Services

[marta-bee]

News of the Day 6/11/25: AI

Paywall free.

More seriously, from the NY Times:

"For Some Recent Graduates, the A.I. Job Apocalypse May Already Be Here" (Paywall Free)

You can see hints of this in the economic data. Unemployment for recent college graduates has jumped to an unusually high 5.8 percent in recent months, and the Federal Reserve Bank of New York recently warned that the employment situation for these workers had “deteriorated noticeably.” Oxford Economics, a research firm that studies labor markets, found that unemployment for recent graduates was heavily concentrated in technical fields like finance and computer science, where A.I. has made faster gains. [...] Using A.I. to automate white-collar jobs has been a dream among executives for years. (I heard them fantasizing about it in Davos back in 2019.) But until recently, the technology simply wasn’t good enough. You could use A.I. to automate some routine back-office tasks — and many companies did — but when it came to the more complex and technical parts of many jobs, A.I. couldn’t hold a candle to humans. That is starting to change, especially in fields, such as software engineering, where there are clear markers of success and failure. (Such as: Does the code work or not?) In these fields, A.I. systems can be trained using a trial-and-error process known as reinforcement learning to perform complex sequences of actions on their own. Eventually, they can become competent at carrying out tasks that would take human workers hours or days to complete.

I've been hearing my whole life how automation was coming for all our jobs. First it was giant robots replacing big burly men on factory assembly lines. Now it seems to be increasingly sophisticated bits of code coming after paper-movers like me. I'm not sure we're there yet, quite, but the NYT piece does make a compelling argument that we're getting close.

The real question is, why is this a bad thing? And the obvious answer is people need to support themselves, and every job cut is one less person who can do that. But what I really mean is, if we can get the outputs we need to live well with one less person having to put in a day's work to get there, what does it say about us that we haven't worked out a way to make that a good thing?

Put another way, how come we haven't worked out a better way to share resources and get everyone what they need to thrive when we honestly don't need as much labor-hours for them to "earn" it as we once did?

I don't have the solution, but if some enterprising progressive politician wants to get on that, they could do worse. I keep hearing how Democrats need bold new ideas directed to helping the working class.

More on the Coming AI-Job-Pocalypse

I’m a LinkedIn Executive. I See the Bottom Rung of the Career Ladder Breaking. (X)

Paul Krugman: “What Deindustrialization Can Teach Us About The Effects of AI on Workers” (X)

How AI agents are transforming work—and why human talent still matters (X)

AI agents will do programmers' grunt work (X)

At Amazon, Some Coders Say Their Jobs Have Begun to Resemble Warehouse Work (X)

Why Esther Perel is going all in on saving the American workforce in the age of AI

Junior analysts, beware: Your coveted and cushy entry-level Wall Street jobs may soon be eliminated by AI (X)

The biggest barrier to AI adoption in the business world isn’t tech – it’s user confidence  (X)

Experts predicted that artificial intelligence would steal radiology jobs. But at the Mayo Clinic, the technology has been more friend than foe. (X)

AI Will Devastate the Future of Work. But Only If We Let It (X)

AI in the workplace is nearly 3 times more likely to take a woman’s job as a man’s, UN report finds (X)

Klarna CEO predicts AI-driven job displacement will cause a recession (X)

& on AI Generally

19th-century Catholic teachings, 21st-century tech: How concerns about AI guided Pope Leo’s choice of name (X)

Will the Humanities Survive Artificial Intelligence? (X)

Two Paths for A.I. (X)

The Danger of Outsourcing Our Brains: Counting on AI to learn for us makes humans boring, awkward, and gullible. (X)

AI Is a Weapon Pointed at America. Our Best Defense Is Education. (X)

The Trump administration has asked artificial intelligence publishers to rebalance what it considers to be 'ideological bias' around actions like protecting minorities and banning hateful content. (X)

What is Google even for anymore? (X)

AI can spontaneously develop human-like communication, study finds

AI Didn’t Invent Desire, But It’s Rewiring Human Sex And Intimacy (X)

Mark Zuckerberg Wants AI to Solve America’s Loneliness Crisis. It Won’t. (X)

The growing environmental impact of AI data centers’ energy demands

Tesla Is Launching Robotaxis in Austin. Safety Advocates Are Concerned (X)

The One Big Beautiful Bill Act would ban states from regulating AI (X)

& on the Job-Pocalypse & Other Labor-Related Shenanigans Generally, Too

What Unions Face With Trump EOs (X)

AI may be exposing jobseekers to discrimination. Here’s how we could better protect them (X)

Jamie Dimon says he’s not against remote workers—but they ‘will not tell JPMorgan what to do’  (X)

Direct-selling schemes are considered fringe businesses, but their values have bled into the national economy. (X)

Are you "functionally unemployed"? Here's what the unemployment rate doesn't show. (X)

Being monitored at work? A new report calls for tougher workplace surveillance controls  (X)

Josh Hawley and the Republican Effort to Love Labor (X)

Karl Marx’s American Boom (X)

Hiring slows in U.S. amid uncertainty over Trump’s trade wars

Vanishing immigration is the ‘real story’ for the economy and a bigger supply shock than tariffs, analyst says (X)