Tag: document processing

Financial institutions have long struggled with the cumbersome process of managing tax certification documents, particularly the W-8IMY form used for non-U.S. intermediaries. This extensive...

SS&C Blue Prism has once again secured its position as a leader in the 2025 Gartner® Magic Quadrant™ for Robotic Process Automation (RPA), marking...

Artificial intelligence (AI) is having a profound impact on insurance underwriting, transforming long-established processes and significantly improving insurers’ capabilities. From improving risk assessment to...

The advent of generative AI is not just a futuristic vision but a present reality transforming how businesses communicate with customers. This cutting-edge technology, underpinned by large language models (LLMs) like GPT-4, BERT, ELECTRA, and RoBERTa, is setting new standards for customer interaction and service delivery. It enables systems that not only manage communications but also predict and adapt to customer needs with unprecedented personalization and efficiency.

Cytora, a leading InsurTech company, has been engaged by Chubb, a global insurance leader, to automate claims document processing.

Ocrolus, which automatically analyses financial documents, has bagged $24m in its Series B, supporting its expansion into new verticals.

Document capture and analytics solutions provider Ephesoft has bagged $15m for its Series A funding round.