This technology is proving to be the next Big Bang to the way banks operate
The adoption of robotics allows flexibility in managing the workload
The role played by robots is increasing and expected to gain more momentum in the coming years
While many financial institutions are talking about robotics and artificial intelligence, some have already implemented these technologies; some have made significant strides including impressive cost savings of up to 60 per cent in some areas.
Over the last two decades, the invasion of technology has changed the entire landscape and the way we perceive things around us. Banking has taken a paradigm shift in this technological revolution. While many new technologies are emerging, it is also bringing in a host of changes to the industry and generating newer forms of employment.