Hodusoft

MARCH 12, 2025

Regulatory Compliance Banks and financial institutions must comply with a wide range of regulations governing lending practices such as anti-money laundering (AML), Know Your Customer (KYC) requirements, and others specific to lending. ML helps in analyzing past customer behavior and predicting future actions or needs.

Contact Center 52

Contact Center AI Machine Learning Finance 52

Lightico

FEBRUARY 4, 2025

In conventional lending environments, teams spend hours (if not days) manually keying in data from pay stubs, bank statements, proof of identity, and other supporting documents. Basic Automation (RPA, eSign , Simple Workflows) Key Traits : Rule-based data entry, simple e-signature forms, limited data extractions, partial digitization.

Finance 52

Finance AI Compliance Machine Learning 52

SugarCRM

JULY 7, 2022

Now more than ever, modern customer relationship management (CRM) systems must support the ability to stay close to existing customers and help secure new prospects. More importantly, your CRM should remove blind spots, enable rich information on the customer, and reduce blind spots and roadblocks.

Technology 55

Technology Technology ML Data Entry 55

Lightico

JULY 2, 2024

Loan Servicing Challenges Effective loan servicing involves managing customer accounts, processing payments, handling delinquencies, and ensuring compliance with all applicable laws. The need for accurate data entry, timely processing, and effective communication with borrowers adds to the complexity.

Compliance 52

Compliance Finance Data Entry Legal 52

SugarCRM

FEBRUARY 28, 2023

Such solutions heavily rely on customer relationship management (CRM) software in the business space. But with great volumes of data, there appears a new issue: data accuracy. Recent studies have shown that CRM data accuracy diminishes yearly by approximately 30%. How AI and ML Change Companies’ Data Strategy?

AI 26

AI Data Entry CX CRM 26