RPA Solution for Fraud Detection
Customer Situation
The bank had an insufficient number of resources allocated, which was weighing heavily on the staff, generating big inefficiencies.
Our Solution
- Our Bots accessed up to 15 applications, both internal and external
- Checked several internal and external databases for potential clues of any suspicious activity for the bank’s client
- Posted this information in a report for a human fraud prevention analyst
Key Benefits
- Time spent on requests dropped from 45 minutes to 20 minutes, eliminating human involvement
- SLAs brought back to acceptable levels with the same resources
- 1 hour was automated to 5 minutes (with 95% automation)
Implementation Time : 4 Weeks