Robotic process automation (RPA) is being used by banks and financial institutions to automate transactions and backend processes. RPA bots can work around the clock to complete tasks like data entry, allowing employees to focus on more complex work. The benefits of RPA for banking include low costs since it does not require infrastructure changes, increased accuracy and scale since bots can work continuously without breaks, and the ability to easily configure bots to new processes. RPA is helping modernize banking operations by speeding up processes, improving productivity and accuracy, and reducing costs.