Remove Data Entry Remove ML Remove Unstructured Data
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How AI-Driven Contact Centers Can Improve Loan Approvals & Debt Recovery

Hodusoft

Machine Learning (ML) Machine learning algorithms are used to improve performance over time by learning from historical data. ML helps in analyzing past customer behavior and predicting future actions or needs. They can answer frequently asked questions (FAQs) about loan applications and recovery processes.

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From OCR (Optical Character Recognition) to IDP (Intelligent Document Processing): The Evolution of Automation & AI in Financial Services

Lightico

Think data entry, form filling, and basic calculations—tasks that follow a clear set of instructions. IDP (Intelligent Document Processing): The Mastermind IDP elevates automation further by combining OCR’s text recognition with machine learning (ML) and natural language processing (NLP).

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