Inside look: Taking aim at data processing blockages

A startup is looking to automate the bulk of banks’ data processing workflows.

At a press conference in October 1963, President John F. Kennedy paused.

He had just been asked whether or not, in the wake of ongoing job losses due to workplace automation, it was good for human beings to continue down this modernizing path. Collecting himself, Kennedy reasoned with the reporter that the introduction of machines made the labor of people easier and that it was his intention to make life easier. “Automation does not need to be, we hope, our enemy,” he said.

Sixty years later

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