Blog

  • 18 Jun

    Why Documentation in BFSI sector is not a challenge anymore?

    Apart from government agencies, employees working in banks & other financial institutions have to adhere to the enormous amount of rules & regulations when it comes to managing information. Information also includes the confidential data that is maintained on the bank's servers, as well as documents that are submitted by customers & businesses that have some kind of working relationship with the bank. Document ‘Identification’ & ‘Maintenance’ - A growing challenge for Banks & other Financial Institutions As per a report, Identity of Client (bank accounts opened with names similar to other established business entities, false identification documents, etc.) is…
  • 20 May

    Video KYC | Future in the Banking Sector

    The Banking and Fintech sector is developing rapidly in terms of improving current processes like Customer Onboarding, Claim Processing, and Face Detection & Matching, with the help of different technologies like Artificial Intelligence (AI), Machine Learning (ML), and RPA platforms. All this development and adoption is only possible and due to the futuristic and technology-oriented approach of companies.   Recently, Reserve Bank of India (RBI) has also updated the KYC process, where they have given permission to do complete the KYC process digitally i.e. e-KYC. Means, now Customers can complete their KYC process in just a few simple steps which…
  • 29 Apr

    KYC Suite to Play Vital Role in Banking Sector Post-Corona Period

    The impacts of the current coronavirus crisis are being faced in pretty much every domain. From FMCG to the IT sector, from Entertainment to Travel sector, from Manufacturing to BFSI, every sector is getting affected in its own way and is experiencing its own challenges to overcome difficulties laid ahead. The Banking industry is currently facing difficulties on various fronts: limitations on footfall due to Lockdown norms to social distancing which means that only a few couples of clients can be served in a physical branch, putting extra strain on other platforms like phone support, online and social media. Banks…
  • 28 Nov

    Why online presence is important for growing business?

    When it comes to small business it is challenging to compete with big brands and grow their business. As big brands are already established in the market, small businesses have to implement out of the box strategies to gain market share or to even make their presence felt in the market. In today’s era whether it is a small business or established business, having an online presence is like oxygen for any business, and the right use of the technology becomes key to the growth of the business. We can see that technologies like Artificial intelligence, the Internet of Things,…
  • 08 Jan

    Robotic Process Automation (RPA) Myths Busted

    Robotic Process Automation (RPA) is being widely used by organizations in order to offload routine and repetitive tasks from employee to software bots. Though RPA is seeing widespread adoption in business verticals like Banking, Human Resources, IT, Resource Procurement, etc.; there are certain myths about RPA that needs to be debunked. Many organizations are ready to accept automation & RPA but are unable to take the decision to deploy RPA due to these myths. In this article, we have a look at the top nine myths about Robotic Process Automation (RPA) 1.Physical Robots are involved in the 'automation’ As RPA…
  • 20 Dec

    Monotonous activities in Banking/Finance segment where RPA can be utilized

    There has been a major push on how organizations and countries can thrive by focusing on building a 'knowledge economy' and this is where digital technologies are playing a vital role in making this dream a possibility. Each and every sector, be it manufacturing, banking, retail, etc. is going through a digital transformation, to reduce the overhead costs and engage their employees in jobs that can go beyond normal 'mundane tasks'. Technologies like Machine Learning, Artificial Intelligence, Image & Speech recognition, etc. are being used across different business verticals to cater to changing customer's demands, reduce manual intervention by automation…
  • 22 Oct

    GITEX DUBAI – A travel into the future

    Recently I got an opportunity to be part of GITEX one of the most awaited events in Dubai were technology companies from across the world come together to showcase their products and many businesses look at utilising these sophisticated and futuristic products. The entire setup was set in Dubai style, you seem to have entered into a different world altogether and believe me it’s hard to make this statement because Dubai as such looks cool in every aspect, their metro stations, bus terminals, roads, everything looks pitch perfect. With that picture already implanted in your mind, very difficult to imagine…
  • 20 May

    Intelligent Automation- Driving your competitive advantage through RPA and Beyond

    A lot of people have asked me about my vision for GIBots. Let me start by giving the basic definition of Robotic Process Automation (RPA) which is the cornerstone of what we are doing today. Any process which is definable and repeatable can be automated using a software robot and is referred to as RPA (Robotic Process Automation). In recent times RPA has taken a centre stage due to the demand for bringing efficiency, reducing human errors and in turn eliminating many jobs from the market. According to Harvard business review, human error costs almost $3 trillion per year in the…
  • 24 Mar

    Configuring WebSockets behind an AWS ELB

    How to configure WebSockets behind an AWS ELB? This guide walks you through the process of creating a web application such as “Chatbots” that passes the messages between browser and server. WebSocket is a protocol for creating a fast-two-way channel between a web browser and a server. It is a very thin, lightweight layer above TCP, this makes it suitable to use "sub-protocols" to embed messages. In this guide, we’ll see the configuration of WebSockets behind an AWS ELB which helps to create an interactive chat application. The use case of a technology in software applications like Chatbots : The…
  • 08 Feb

    MongoDB for Beginners

    MongoDB: A technology behind the leading software applications. Technology has been changing everyday now and we at GIBOTS strive to be at pace with the changing landscape. Be it embracing the angular framework from the days of it's beta launch till the latest release of Angular 5.0. From using MYSQL to now using the best NoSQL db around. Behind every successful business, there is an efficient use of automation system. The suits of GIBots Robotic Business Process Automation (RBPA) software are not only making process and tasks simpler but also make it efficient which eliminate redundancy with accuracy in daily…