Nanonets

SEPTEMBER 20, 2024

Picture this - you’re drowning in a sea of PDFs, spreadsheets, and scanned documents, searching for that one piece of data trapped somewhere in a complex table. The accuracy of a good table parser can pave the way to automation of a lot of workflows in a business.

Rules 135

Rules Process AI Origination 135

The Finance Weekly

JANUARY 5, 2025

At their core, finance AI chatbots are virtual assistants designed to automate financial tasks and provide customers with personalized, real-time support. This automation frees up human resources for more strategic roles and ensures accuracy. Automated dashboards and custom reports. 24/7 customer support automation.

AI 130

AI Finance Automation Non-Bank 130

Nanonets

APRIL 24, 2025

They process more than 350,000 cases annually— each file contains over 10 types of documents, varying formats and structures, 30+ line items, and multiple ingestion channels. They need to submit the required documents to the surveyor assigned by the insurer. Remember that these documents are issued by different sources.

Automation 52

Automation Settlement Assessments Database 52

Nanonets

AUGUST 26, 2024

  In this era of information overload, document classification is of considerable importance for the efficient management and use of information and knowledge.      In this article, we will look at the types of document classification and how ML techniques are being increasingly used for this purpose.

Rules 97

Rules Non-Bank Checks Irrevocability 97

Nanonets

NOVEMBER 7, 2024

is an Intelligent Document Processing (IDP) platform that harnesses the power of Large Language Models (LLMs) to extract data from any document with guaranteed accuracy.  Finding the right tool for document processing is like searching for the perfect key for your lock.  Why look for Super AI alternatives?

AI 52

AI Process Automation Volume 52

Nanonets

MAY 22, 2025

  The aim is to have AI constantly monitor your financial data, catching issues before they become problems and automating routine tasks in real-time. It is basically an AI assistant that automates financial analysis, reporting, and routine tasks. AP bill automation This is Sage's native solution for handling invoices.

Automation 52

Automation AI Payment APIs and Integration Reconciliation 52

Nanonets

DECEMBER 11, 2023

Healthcare document management systems play a crucial role in the modern healthcare landscape by streamlining and enhancing the management of patient records, administrative documents, and medical data. What is Healthcare Document Management? What is Healthcare Document Management?

Compliance 98

Compliance SWIFT Regulations Automation 98

Nanonets

AUGUST 23, 2023

AI-based document processing is transforming the way businesses handle paperwork. It is overhauling traditional data entry, approval systems, and document management. Most of us can relate to the frustration of sifting through complex documents, manually extracting data, or struggling with clunky document management systems.

Process 97

Process AI Payment APIs and Integration Compliance 97

Nanonets

FEBRUARY 14, 2025

Let me take you through how the service provider implemented automated invoice processing and found a way to bulk-process bills and invoices without constantly adding more staff. It might seem like a simple document to process. It got to a point where they had to turn down new clients.

Volume 52

Volume Automation Process Payment APIs and Integration 52

Nanonets

AUGUST 27, 2024

Whether it's analyzing customer feedback, extracting key information from legal documents, or parsing web content, efficient data extraction can provide valuable insights and streamline operations. This approach ensures reliable text extraction from documents that are difficult to process otherwise.

API 95

API Origination Assessments Process 95

The Fintech Times

SEPTEMBER 20, 2024

While many of these are valid, 65 per cent of insurance claims handlers have noticed an increase in fraudulent cases according to research from claims automation company, Sprout.ai. Shockingly, 19 per cent suggested that one in four cases consisted of altered documents using AI. appeared first on The Fintech Times.

AI 105

AI Database Research Automation 105

Fintech News

MARCH 24, 2025

Crypto fraud rate, %, Source: State of the Crypto Industry 2025, Sumsub, Feb 2025 According to the report, these results can largely be attributed to advancements in fraud prevention technologies, with innovations like biometrics checks and artificial intelligence (AI)-backed automation significantly enhancing security and fraud detection.

APACS 92

APACS Verification Fraud Detection Money Laundering 92

Nanonets

NOVEMBER 10, 2024

Parseur is an AI-powered document processing tool that extracts data from emails and PDFs automatically. It helps businesses convert unstructured documents into organized, usable data without manual entry. Mailparser Rule-based Yes Limited Emails Email automation 4.7 Mailparser Rule-based Yes Limited Emails Email automation 4.7

Automation 52

Automation AI Volume Rules 52

Fintech News

MAY 29, 2025

Singapore-based insurtech firm bolttech is integrating generative AI tools from Amazon Web Services (AWS) to improve customer service, automate workflows, and reduce costs across its global operations. The tool has reduced documentation time by over 50% and accelerated onboarding by analysing large codebases in minutes.

AI 111

AI Risk Assessment Bots Underwriting 111

Fintech Finance

NOVEMBER 21, 2024

TreviPay , the most-trusted B2B payments and invoicing network, has expanded its order-to-cash (O2C) offering by enhancing the buyer onboarding experience through automation. Buyers using TreviPay’s automated onboarding will have a dynamic experience once company revenue numbers have been input.

B2B 98

B2B Process Near Real-Time Risk Management 98

Bank Automation

JULY 2, 2025

(Courtesy/Canva) Pagaya is expanding its use of its Fast Pass offering, which allows consumers who meet certain criteria to bypass some documentation and stipulation information during the underwriting process, Ralph Leung, chief operating officer and chief commercial […] The post Pagaya streamlines underwriting, counteroffers appeared first (..)

Underwriting 69

Underwriting AI Automation Process 69

The Fintech Times

FEBRUARY 27, 2025

Analysing real-time financial data Rob Israch, president, Tipalti, For Rob Israch , president, Tipalti , the firm automating finances, there are two primary ways in which fintech and AI have joined forces to improve the industry: quicker data analysis and better compliance.

AI 76

AI FinTech Fraud Detection Automation 76

Fintech News

FEBRUARY 5, 2025

Sumsub , a full-cycle verification platform, has introduced its Australia DVS (Document Verification Service) Verification product. This solution offers real-time, government-backed validation of identity documents, including passports, driving licences, and visas.

Verification 73

Verification Checks Security Identity Theft 73

Stax

JUNE 23, 2025

TL;DR An ACH API allows businesses to automate bank-to-bank payments—like ACH debits, credits, and recurring payments—by integrating directly with the ACH network via software. ACH (Automated Clearing House) transactions are electronic money transfers from one bank to another processed through the ACH network.

ACH 88

ACH API Payment APIs and Integration ACH Network 88

FloQast

MARCH 13, 2024

Automation has emerged as a beacon of hope, promising to revolutionize traditional manual methods and alleviate the burdens accounting teams face. However, the path to automation is fraught with challenges. Part One: Managing Reconciliations At the heart of efficient reconciliation lies effective management.

Reconciliation 98

Reconciliation Automation Compliance Mitigation 98

Fintech News

JULY 2, 2025

Built around documentation verification and static data checks, these processes are essential for regulatory compliance. Criminals have become adept at forging documents, acquiring stolen credentials and creating synthetic identities that can easily pass basic KYC checks. Behavioral biometrics further enhances this approach.

Fraud Prevention 89

Fraud Prevention Technology Checks Risk 89

FloQast

MAY 15, 2024

Automated reconciliations for bank accounts, credit cards, intercompany transactions, and more not only saved time but also ensured accuracy and compliance. Automated reconciliations for bank accounts, credit cards, intercompany transactions, and more not only saved time but also ensured accuracy and compliance.

Reconciliation 105

Reconciliation Automation Close Processes Accounts 105

Fintech Finance

JUNE 3, 2025

Trust Payments will use Trulioo Workflow Studio, Business Verification, Person Match, Identity Document Verification and Watchlist Screening to unify its onboarding processes, support regulatory compliance and elevate the customer experience across regions.

Verification 91

Verification Payment APIs and Integration Regulatory Compliance Payments 91

Nanonets

NOVEMBER 13, 2024

Hyperscience is known for its AI-driven document processing capabilities. It offers organizations a robust solution for automating and streamlining data extraction from various document types.    Its unique selling proposition lies in its ability to handle complex, unstructured documents accurately and efficiently. 

Automation 52

Automation Payment APIs and Integration AI Volume 52

Bank Automation

MAY 27, 2025

The New York-based company deployed its AI-driven mortgage origination tool, Tinman, in 2022, President and Chief Operating Officer Chad Smith told Bank Automation News.

Origination 52

Origination AI Underwriting Verification 52

Nanonets

NOVEMBER 18, 2024

Amazon Textract is AWS's machine learning service that reads and processes documents automatically. You can use it to pull data from forms and tables, process both typed and handwritten text, work with PDFs and scanned images, and handle documents in multiple languages. Complex document layouts and non-standard formatting 4.

Volume 52

Volume Automation AI Process 52

Nanonets

MARCH 4, 2025

If LLMs can "see" and "read" documents, why not use them directly for text extraction? Can you always be a 100% sure of the veracity of text output that LLMs interpret from a document/image? Our dataset choices include: Common Business Documents: Forms, invoices, and financial statements containing structured text.

API 52

API AI Credential Assessments 52

Nanonets

OCTOBER 30, 2024

Docsumo is a document processing solution designed to help businesses automate data extraction and reduce manual data entry. It enables teams to automatically extract valuable information from various document types, including invoices, bank statements, insurance forms, and shipping documents. 39 Yes 4.6

Bots 52

Bots Automation Database AI 52

Nanonets

JANUARY 13, 2025

The distributor's order processing workflow before automation was typical of many industrial suppliers. While we could automate the entire workflow from order entry to shipping, we knew that would involve retraining the sales team and disrupting established processes.  We realized we could deliver immediate value here.

Automation 52

Automation Verification Payment APIs and Integration Correspondent 52

Fintech Finance

OCTOBER 31, 2024

Chargeback Management, Automated Reconciliation and Compliance Reporting: A set of services designed to streamline dispute and chargeback management, simplifying administrative workflows and ensuring regulatory and network compliance, enabling fintechs and their sponsors to operate with greater efficiency, documentation and transparency.

Compliance 95

Compliance Risk Push-to-Card Scams 95

Nanonets

APRIL 1, 2024

Luckily, AP automation solutions like Nanonets and Tipalti can help. Nanonets vs. Tipalti at a glance On the surface, Nanonets and Tipalti may seem like similar AP automation solutions. Automated workflows 4.5 They can be a headache for your team and a bottleneck for your business. 4 Integrations 5 4 Ease of use 5 3.5

Automation 98

Automation Multi-Currency Fraud Detection Compliance 98

Fintech News

JUNE 9, 2025

Developed with input from financial crime teams and Sumsub’s existing clients, the update incorporates AI tools and automation features intended to support real-time decision-making. This enhanced solution serves as a comprehensive hub for financial crime investigations and is designed to streamline fragmented risk operations.

Financial Crimes 93

Financial Crimes Crime AI Deepfake 93

Finovate

JANUARY 22, 2025

The partnership will enable the digital bank to automate key parts of its income verification and document handling processes for mortgage brokers. The partnership will enable the financial institution to automate specific parts of its income verification and document handling processes to boost efficiency for mortgage brokers.

Verification 52

Verification Audit Automation Fraud Prevention 52

The Fintech Times

JUNE 27, 2025

How iDenfy will work with QwikPay iDenfy’s identity verification solution is designed to validate user identities in seconds using document analysis, facial recognition, and NFC chip reading. We’re proud to support QwikPay as they lead Australia into this next chapter of digital finance.” The pricing model was another deciding factor.

Risk Management 59

Risk Management Compliance Risk AML 59

Fintech Finance

JUNE 15, 2025

Dispute optimization works on a case by case basis, recommending or automating actions, based on return on investment (ROI) predictions for each chargeback dispute. When chargeback automation is used, the best strategy for most merchants is to dispute 100% of chargebacks.

Disputes 59

Disputes Automation Assessments Returns 59

The Payments Association

NOVEMBER 29, 2024

Fortunately, modern SaaS-based solutions enable financial institutions to automate and scale existing dispute management systems in record time and with minimal investment. Affidavit PDF documents are created in a fully automated way.

Disputes 88

Disputes Issuers Card Issuer Payment APIs and Integration 88

Finovate

NOVEMBER 19, 2024

With Trulioo’s verification capabilities, Collabria will enhance its ability to provide fast, compliant, and automated onboarding experiences. Trulioo will fully automate Collabria’s Know Your Business (KYB) review process, complementing its existing Know Your Client (KYC) workflows.

Verification 59

Verification Credit Union Card Issuer Payment APIs and Integration 59