Between KYC and Stimulus Lending, Banks Are Caught Between a Rock and a Hard Place
But low-code automation can help. Amid the pandemic, banks are under enormous pressure to comply with stricter regulations and keep up with growing demand for new lines of credit. Here’s Appian Financial Services Industry Lead in Europe, Herbert Schild, on how low-code automation can help at a critical time. What are the challenges with issuing rapid stimulus loans?