The SBA is blocking lenders from using a key automation technology in stimulus loan application, but hot startup Automation Anywhere says it could hurt smaller lenders

Business Insider

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· *The SBA has told banks and lenders that it will no longer accept stimulus loan applications submitted using robotic process automation tools.*
· *The SBA said RPA, which lets businesses automate common, repetitive tasks such as filling out forms, "burden the processing system and diminish its capabilities," the agency said...

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