Weekly Wrap: Banks boost RPA budgets, and Finastra jumps on KYC automation

This week, Bank Innovation dove into data that shows inefficient business processes are pushing bank employees to want to quit. Meanwhile, another data set showed banks are planning to boost the budget for robotic process automation (RPA) endeavors. And finally, new technology from a Tel Aviv-based fintech is automating the know your customer (KYC) and onboarding process through a partnership with Finastra.

Find this and more in today’s edition of the Weekly Wrap, featuring JJ Hornblass and Bianca Chan for the week ending Dec. 11, 2020.