In this section we cover news, insights and trivia about Intelligent Document Processing (IDP), share interesting articles, upcoming webinars, events and more.
What we cover in last week’s recap:
🗞️News:
UiPath acquires WorkFusion
Intelligent Document Processing provider UiPath has announced that it has acquired Intelligent Document Processing provider and specialist in AI agents for financial crime compliance, WorkFusion. The terms of the deal were not disclosed. With this acquisition, UiPath expands its portfolio of agentic AI-powered industry solutions for the financial services and banking industries, including processes and workflows for financial crimes compliance such as anti-money laundering (AML) and Know Your Customer (KYC). Daniel Dines, CEO of UiPath, explained: “Financial institutions need intelligent solutions to combat sophisticated financial crimes and navigate evolving compliance requirements. Incorporating WorkFusion’s purpose-built AI agents for financial crime compliance into our platform expands our portfolio of agentic AI solutions for these industries, extending our ability to deliver comprehensive business orchestration and automation solutions to our customers. We’re delivering a powerful set of AI-powered solutions capable of automating and orchestrating critical compliance processes and workflows while working alongside people to deliver impact.” Adam Famularo, CEO of WorkFusion, commented on the acquisition: “Joining UiPath is a moment of validation for the years our team has poured into creating something bold, different, and deeply needed in financial crime compliance, AI agents that automate work and mitigate risk. Now, UiPath gives us the scale to grow faster than we ever could alone, without losing the heart of who we are, our people, our products, and our mission. Together, we’re creating something bigger than any one company: we are modernizing financial crime compliance. I’ve never been more excited for our future or more proud of the team carrying us there.”
ABBYY announces its Most Valuable Professional (MVP) Class of 2026 and dates for its global event series ABBYY Ascend
Intelligent Document Processing vendor ABBYY has announced its Most Valuable Professional (MVP) Class of 2026, which consists of professionals from Europe, Asia-Pacific, and North America with backgrounds in consulting, system integration, enterprise IT, and product leadership. Alicja Wolanczyk, Senior Director, Global Partnerships and Alliances at ABBYY, explained: “Our 2026 MVPs play a crucial role in the ABBYY ecosystem as we drive enterprise-scale automation through purpose-built Document and Process AI. The program brings forward individuals who apply ABBYY in complex, real-world environments and makes that expertise visible across the ecosystem. Through their contributions, mentorship, and advocacy, they help organizations achieve measurable automation outcomes, with many innovations shared through the ABBYY Innovation Hub.” ABBYY also announced the dates for ABBYY Ascend 2026, its flagship event, which will take place on April 16 in Nashville, Tennessee, May 6 in Brussels, Belgium, in the summer in Bengaluru, and in the fall in Singapore. Under this year’s theme, “Transforming Complexity into Clarity,” ABBYY will showcase how purpose-built Document AI transforms business-critical documents into actionable insights that drive operational efficiency, enhance workforce productivity, and elevate customer experiences. Maxime Vermeir, Vice President of AI Strategy and Product Marketing at ABBYY, commented: “ABBYY Ascend 2026 isn’t just another event—it’s where the future of enterprise AI takes shape. From groundbreaking advancements in Document AI to hands-on experiences like the hackathon, we’re giving attendees the tools, insights, and inspiration to tackle their biggest challenges head-on. If you’re ready to move beyond the AI hype and start delivering real results, this is the event for you.”
Automat launches its Intelligent Document Processing platform
Intelligent Document Processing vendor Automat has announced the launch of its IDP platform, which enables operations teams in banking, insurance, healthcare, mortgages, and e-commerce to implement production-ready document automation within hours rather than months of custom setup. At its core is Document Studio, a no-code web interface for uploading samples, defining extraction fields, and training custom models that adapt to specific layouts and are then immediately accessible to deploy via API endpoints or trigger workflows directly from the dashboard. Lucas Ochoa, CEO at Automat, commented: “For so many organizations the keys to complete automation are locked behind unstructured data in their documents. At Automat, we’ve repeatedly observed that customers need to extract data from various documents before they can begin further RPA automation with us. We’ve built tools internally to quickly solve this for customers, and today we’re releasing this as an offering for everyone to use.”
Alkymi launches Alkymi Private Credit
Intelligent Document Processing vendor Alkymi has announced the launch of Alkymi Private Credit, a specialized AI solution to automate document-heavy workflows in the private credit market. The platform centralizes inbound documents via Data Inbox for automated extraction of structured data from loan agent notices, compliance certificates, and financial statements, delivering real-time views of cash flows, principal balances, interest rates, amortization schedules, payment events, covenant ratios, borrower financials, and key deal terms. Harald Collet, CEO of Alkymi, explained: “Private credit is scaling faster than the infrastructure that supports it. Alkymi Private Credit was built specifically to address this challenge, combining AI automation with enterprise-grade controls to give firms continuous visibility into their portfolios, including covenant tracking so they can modernize operations without compromising accuracy or regulatory requirements.”
Laiye launches Agentic Document Processing (ADP) SaaS V1.7
Intelligent Document Processing provider Laiye has announced the launch of ADP SaaS v1.7, a major update to its Agentic Document Processing platform. The update introduces an out-of-the-box processing module for high-frequency international documents like invoices, receipts, and purchase orders, where users simply upload files to get instant structured results. With that, enterprises can now deploy document automation faster, with less effort, and greater certainty, scaling efficiency across business workflows.
TWAIN Working Group announces development of open source twAIn Robotics Standard API
Image acquisition device provider TWAIN Working Group has announced the development of an open source twAIn Robotics Standard API focused on collecting and standardizing billing and usage metrics for robots and autonomous mobile robots (AMRs). The initial scope of the API will support the collection of standardized usage data, including metrics such as Cost-Per-Task, Cost-Per-Traveled-Time, Cost-Per-Linear-Feet, and Cost for Power Consumed. These metrics are designed to reflect how robots are actually used in real-world operations, where value is typically tied directly to revenue-generating or productivity-enhancing tasks.
📊Study:
97% of enterprises say ECM vendor roadmaps limit AI implementation
SaaS platform Vertesia has published a survey of 1,500 senior IT executives in the US, which shows that the roadmaps of enterprise content management (ECM) providers have become a significant barrier to companies’ AI ambitions. 96.8% said their vendors’ plans limit their ability to implement the AI use cases they want. Implementation is lagging significantly behind investment: although 40.2% of companies plan to increase their AI budgets, 71.9% say their ability to implement specific AI strategies is “significantly” or “moderately” constrained by the speed and direction of their vendors’ innovations, suggesting that many are reaching a practical inflection point in their AI roadmaps. Executives also see significant gaps between what AI should be able to do with content and what their current stacks are capable of: nearly one in five cite limitations in searching documents for risks, trends, or correlations (19.8%), summarizing long or complex documents on a large scale (19.7%), in identifying compliance and regulatory risks (18.8%), in detecting duplicate or near-duplicate content (18.8%), and in detecting security issues such as PII (17.8%). In response, 34% of the market is willing to bear the cost and complexity of building internal AI capabilities, while 32.3% are working with external providers to deploy AI via platform models that work across multiple ECM systems to avoid vendor lock-in. You can download the full survey results here.
💡Opinion:
Stay tuned: Unlocking the Dark Matter of Business: The Future of Document AI
“Enterprises can’t afford to rely solely on generative AI. A purpose built, hybrid approach combines Document AI with LLMs to deliver both flexibility and critical safeguards,” says Dr. Marlene Wolfgruber, Product Marketing Lead for AI at ABBYY. Stay tuned for her opinion piece next week to learn what you should keep in mind when implementing AI. In the meantime, re-visit her latest opinion piece titled ‘Purpose-Built AI vs. General-Purpose AI: Why It Matters’.
🎥Upcoming Webinar:
February 18, 2026, 12 pm EST: Accelerate Digital Transformation with Intelligent Document Processing
Finding the perfect Intelligent Document Processing solution can be overwhelming—especially with rapidly evolving AI and automation capabilities. AIIM Demo Days simplifies your search by bringing together leading solution providers to showcase cutting-edge innovations in a pressure-free, no-sales-pitch environment.
📆Upcoming Event (in-person):
April 28-30, 2026: AI+IM Global Summit 2026 in Baltimore, US
Join AIIM (The Association for Intelligent Information Management) at the AI+IM Global Summit 2026, happening April 28–30, 2026 in Baltimore. This is AIIM’s premier event where professionals from across industries gather to explore how AI is reshaping the way we manage, protect, and activate business information. You’ll connect with experts, dive into hands-on sessions, and walk away with insights you can put into action right away.
📌Find more upcoming events and webinars in the Intelligent Document Processing space here.
Thank you for reading and see you next week!
📨Get IDP industry news, distilled into 5 minutes or less, once a week. Delivered straight to your inbox ↓
