Tag: OCR
Deepfake ID checks: Modern defences you need now
A single manipulated pixel can undermine even the most advanced digital onboarding workflow. As deepfakes become increasingly sophisticated, financial institutions and digital platforms face...
KYC Portal launches Self Check-In for instant ID verification
KYC Portal has introduced its Self Check-In module, a new capability that enables users to trigger manual identity verification (ID&V) requests directly from the...
How AI and OCR transform tax compliance
Tax compliance is a complex area where one mistake can mean penalties and customer frustration. FinTechs are now using AI and enhanced OCR to make tax document collection seamless, helping meet regulatory requirements without creating friction for customers.
How AI is revolutionising underwriting
A recent report by Capgemini highlights that 62% of insurance executives acknowledge AI and machine learning as crucial for enhancing underwriting quality and reducing...
Procurify secures $20m from CIBC to revolutionise AP automation with AI
Procurify, a leading provider of proactive spend management solutions, has recently unveiled a new accounts payable automation tool.
Overcoming KYC name matching challenges with intelligent screening
Culture, geography, politics, and media reporting all create challenges for name matching in a KYC or due diligence process, even when software is used...
Essential features to consider when choosing a document scanner app
In today's digital age, document scanning has become a critical tool for both individuals and businesses. But not every scanning solution is created equal. Scanbot SDK has outlined what you need to know when integrating scanning software into your mobile or web application.
Streamlining banking procedures: How digital onboarding is enhancing customer experiences
In a recent post by Fenergo, the company outlined how digital transformation is changing the way people open accounts.








