[Webinar] Automating Block/Unblock Process Bringing Value to Bahrain banks
Webinar: Tuesday, August 3 / 3:30 PM BAH Time (GMT+3)
The Central Bank of Bahrain (CBB), on 23rd Dec 2020, made it mandatory for Banks in Bahrain to comply with the instructions pertaining to Blocking/Unblocking of customer’s accounts, with a strict timeline of one day to process the requests. The Block/Unblock account request process is a high impact process involving manual data inputs by staff members who should follow strict timelines and adherence criteria. Recently, the CBB has requested banks to maintain near real-time turnaround time for blocking and unblocking response and operate the process 24/7, making the adherence even more difficult for the Banks.
10xDS team has helped leading Islamic Retail banks in Bahrain automate Block/ Unblock account process. The solution is developed leveraging RPA technology that can be used to automate mundane, high-volume, rule-based, and repeatable tasks previously performed by humans. It is non-invasive and can be easily integrated into the Bank’s existing IT landscape.
Join 10xDS subject matter experts as they discuss:
- Challenges the Bahrain banks are currently facing to adhere to compliance with CBB guidelines.
- How the automation solution works
- How the solution benefited Bahrain Banks
Register below for access to the webinar. If you are unable to make the live session, sign up anyway and we will send you the recording afterwards.