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How Banks Are Using AI for Document Intelligence

South State Correspondent

Banks are full of documents. Each document contains an extensive array of data. Then there are vendor contracts, employment agreements, statements of work, loan documents, financial statements, tax returns, deposit account documents, policies, and an array of similar applications.

Data 448
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Cloud Pak and IBM Automation Document Processing: It’s more than AI and ML

Perficient

As our clients continue their digital transformation journeys, challenges with traditional document capture solutions are coming to the forefront. Managing and configuring classification sample sets and extraction rules in layout-driven, legacy solutions, is time consuming and expensive. IBM Automation Document Processing.

Training 322
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How Banks Are Using AI for Document Intelligence

South State Correspondent

Banks are full of documents. Each document contains an extensive array of data. Then there are vendor contracts, employment agreements, statements of work, loan documents, financial statements, tax returns, deposit account documents, policies, and an array of similar applications.

Data 74
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Adjoint CEO On Why Treasury Management Needs Blockchain

PYMNTS

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. Within that ambition, he said, “the only way to create real-time cash management or trading is to allow all parties to see the same pool of validated data.”.

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A Guide to Fortify Your Institution Against Senior-Level Embezzlement Risks

Perficient

Background On October 19 th , 2023, the Office of the Comptroller of the Currency (OCC) published an article highlighting new enforcement actions and clarifying explicit rules regarding misconduct, particularly as it relates to financial abuse by senior-level management.

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Ultimate 5-Step Guide to Transitioning from Google Optimize

Perficient

Among the alternatives, Optimizely stands out for its capabilities in experimentation, user experience personalization, and seamless integration with Google Analytics 4. This data-driven methodology aids in the optimization of your website’s overall performance and future experiments.

Google 419
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6 Key Components That All Loan Administration Software Should Have

Abrigo

Accessibility of data for loan officers, managers and potentially external loan review personnel. Adequate loan administration software will allow an organization to access the hundreds of thousands of documents that some banks have on file. The time it takes to produce these documents is also essential to consider.

Software 195