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It's considered the future of business process automation, and the banking industry is paying attention to how semantic automation can benefit the bottom line. Semantic automation, as a component of artificial intelligence, has a growing role to play in financial services. It's the enhanced ability to understand high-level abstractions and relationships between data points. It includes the processing of unstructured data-expanding automation capa bilities and impact. It speeds up ROI by reducing the amount of coding required to automate workflows, and in turn, enables faster digital transformation.
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