Simplify Banking With Cleareye!

AUTOMATION: THE NEXT EVOLUTION IN BANKING

WHENM WAS THE LAST TIME YOU VISITED A BANK? Financial transactions used to take place on premise. From deposits and withdrawals to thousands of other mundane and complex financial transactions the average person makes, it either happened in person or it didn’t happen at all.

Today due to Simplify Banking, the average individual, business owner, or high net worth banking client can conduct nearly, if not all, of their financial business without stepping foot in a bank. The popularity of the phrase “cashless future” says it all; the very machine that started the modern banking renaissance, the ATM, may soon be obsolete.

TO EVERYONE’S BENEFIT

Automation helps banks, customers, and regulators save valuable time and money, often while producing superior results.

Areas in banking and finance are ripe for innovation: banking regulatory and compliance anti-money laundering (AML) and sanction screening letter of credit and guarantees cash management operations transaction screening automation automated payment operations payment investigations

PROGRESS AND ROOM FOR INNOVATION On the retail side, automation is already incredibly prevalent in lowlevel loan approval, account setup, customer support, and more. Over the next several years, banks are expected to continue their trend of reducing physical bank branches in favor of increased digital and automated touch points for their retail clients.

With processes to automate loan approval, credit analysis, and even payment and payment investigations, banks will become far more agile in their ability to adopt, offer, and support new loan products when they become available.

EMBRACE CHANGE

Banks around the world are adapting, implementing new processes, embracing emerging technologies, and streamlining their aging systems.

As this trend continues, legacy procedures and methods that used to be efficient will start to look outmoded by comparison.

Beyond the financials, the fact remains: there are certain things that machines just do better.

Nobody would argue that a manual teller is more efficient and costeffective for a bank and for the customer than an ATM.

MEDIA REACH