article thumbnail

How Banks Are Using AI for Document Intelligence

South State Correspondent

Banks are full of documents. Each document contains an extensive array of data. Then there are vendor contracts, employment agreements, statements of work, loan documents, financial statements, tax returns, deposit account documents, policies, and an array of similar applications.

Training 448
article thumbnail

HSBC To Staff: Stay Off Bank’s Social Media Accounts

PYMNTS

21) to stay off the bank’s social media sites after a report was leaked to BuzzFeed News and the International Consortium of Investigative Journalists (ICIJ). . HSBC is one of more than 100 financial institutions named in the leaked documents from FinCEN. On Monday (Sept. government appears unable to stop the corruption.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Regulators Eyeing Social Media In Europe

PYMNTS

Against the backdrop of social media controversy — remember Facebook , of course, and 87 million users’ data exposed to Cambridge Analytica — oversight is tightening in Europe.

article thumbnail

How Banks Are Using AI for Document Intelligence

South State Correspondent

Banks are full of documents. Each document contains an extensive array of data. Then there are vendor contracts, employment agreements, statements of work, loan documents, financial statements, tax returns, deposit account documents, policies, and an array of similar applications.

article thumbnail

Two Perficient Colleagues Quoted in Forrester Report on Emerging Insurance Technologies

Perficient

She underlines the necessity for insurers to establish a solid foundation comprising document digitization and a robust data fabric to ensure success with these technologies stating, “GenAI outcomes will only be as good as the data.”

article thumbnail

How To Use Social Media for Collections

SWBC's LenderHub

We have added tools to our arsenal over the years, but have you ever considered adding Social Media to your collection mix? Today, I want to talk about the opportunity to use social media for your collections and skip tracing efforts.

article thumbnail

Social Media Rules Every Financial Institution Should Follow

SWBC's LenderHub

Social media is everywhere, and everyone is using it; it is a part of everyday life. According to Pew Research Center , 74% of adults use social media of some form. Documents, pictures, personal and business information, videos, and music are common forms shared on the various social media platforms.