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Intelligent Document Processing: Fueling Efficiency and Growth

Lightico

APRIL 18, 2024

This data includes loan applications , insurance documents , emails, reports, invoices, supporting documentation and contracts. Machine Learning (ML): ML algorithms enable IDP to learn from existing data patterns and improve its accuracy over time. This minimizes the risk of non-compliance fines and penalties.

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Data Entry Invoicing Machine Learning ML 52
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From OCR (Optical Character Recognition) to IDP (Intelligent Document Processing): The Evolution of Automation & AI in Financial Services

Lightico

JUNE 6, 2024

Documents can either be internally generated and completed by customers or employees, or they can be any kind of document with information on it, such as bank statements, pay stubs, invoices, tax forms, basically any kind of document or image sent in by a customer. AI Decisioning: Is Fully Autonomous Worth It?

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AI Unstructured Data Machine Learning Compliance 52
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