September 6, 2017
Let’s Talk Payments (LTP) is a proud partner of this year’s Money20/20. Combining the best of LTP and Money20/20, we wanted to highlight the technologies changing the FinTech ecosystem. We created exclusive infographics based on MEDICI’s FinTech Foresights.
Financial institutions are held back by unproductive, repetitive manual processes. RPA presents a strong case to help promote digital transformation with its ability to drive productivity growth by automating repetitive, rule-based processes that can integrate with the current applications and systems in a non-invasive manner. This lightweight integration enables easy implementation and quick ROI.
RPA is expected to have a $6.7 trillion global economic impact, a plan that will result in a 40-45% growth of global spending on technology. In addition, the estimated global market potential of RPA stands at $8.75 billion by 2024, with the following areas undergoing significant impact:
More information on the potential of RPA across industries and examples of prominent players in the market can be found in the infographic below. ![robotic-process-automation-market-will-have-8-75-billion-global-market-potential-by-2024-infographic.jpg](/uploads/robotic-process-automation-market-will-have-8-75-billion-global-market-potential-by-2024-infographic.jpg)