Remove Taxes Remove Technology Remove Training Remove User Experience
article thumbnail

How Banks Are Using AI for Document Intelligence

South State Correspondent

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. Pulling data off a tax return has a low error rate while pulling data off an attorney-prepared loan document is more challenging.

Training 448
article thumbnail

Modernizing the Health Plan Business Process

Perficient

There are numerous benefits to this cloud-based technology. It is modular, declarative, and built on top of Salesforce allowing users to seamlessly integrate with CRM (Sales Cloud, Service Cloud, or Health Cloud). If possible, work with your SI partner or technology provider to calculate a return-on-investment analysis.

Groups 294
Insiders

Sign Up for our Newsletter

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

article thumbnail

How Banks Are Using AI for Document Intelligence

South State Correspondent

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. Pulling data off a tax return has a low error rate while pulling data off an attorney-prepared loan document is more challenging.

article thumbnail

Matching Up Business Insurance With The 21st Century

PYMNTS

By virtue of doing it online and using technology, we’re able to more efficiently match businesses in a couple of ways. We’re able to use the data and technology platform to get you that information a lot quicker than a traditional agent would. So, we’re distribution. is the state-by-state regulation.

Online 100
article thumbnail

Cloud Pak and IBM Automation Document Processing: It’s more than AI and ML

Perficient

Thinking about that loan package, tax returns and W2s are standard forms with standard layouts that change rarely. A traditional capture solution might be trained to recognize the layout, however even a minor change year to year could break that classification model. Data extraction. Why is this different?”.

Training 322
article thumbnail

AutoGPT Will Change Your Bank

South State Correspondent

Just when you were getting your bank’s head around how you will operationalize ChatGPT (our breakdown HERE ), AutoGPT, an application built on top of ChatGPT, gets released and takes the technology to a new level. Imagine an experience where customers and employees can get a 1:1 concierge service via a generative AI-driven chatbot.

article thumbnail

Finovate Fall 2016 Live Blog – Day 1

William Mills

Built a workflow for the bank so the bank can approve payment and see all compliance and tax information. Also a pretty good customer experience. Their technology is basically a card with a built in computer that lets the holder to change a credit card to a different type of credit card, or perhaps even a debit card.

Mobile 40