In this section, we cover news, insights and trivia about Intelligent Document Processing (IDP), share interesting articles, podcasts, reports and more.
What we cover in this week’s Intelligent Document Processing recap:
Tavant partners to enhance the overall mortgage experience Tavant, a provider of digital lending solutions, and American Financial Resources, a national mortgage lender, have partnered to improve the lender’s digital mortgage experience. Tavant is adding Touchless Documents to AFR’s systems, which recognizes documents and automates document classification so brokers can get instant feedback on their file uploads and provide direct input to their borrowers on requested document uploads.
Impactsure Technologies raises $1M AI-based fintech startup Impactsure Technologies announced that it has raised $1M as seed capital. The raised amount in this round comes from individuals who invested in their personal capacity and will be used to fund Impactsure’s growth, including business development, talent acquisition, and geographic expansion.
More interesting insights into Kofax’s recent acquisition Read this Business Journal article for more takeaways on Kofax and its recent acquisition of Intelligent Document Processing provider Ephesoft. The article also includes background information on Ephesoft CEO Ike Kavas, who worked at Kofax before founding Ephesoft, and other facts about the mega-deal. (please visit the home page and return to the article to get rid of the banner).
Intelligent automation trends in 2023 Intelligent automation is having a huge impact on businesses worldwide. These are 10 intelligent automation trends to watch out for in 2023.
APIs and their role in IDP Application programming interfaces (APIs), in simple terms, enable communication and exchange of information between applications. So what specific role do they play in Intelligent Document Processing? Read this article to find out.
Data integrity through Intelligent Document Processing Listen to this 25-minute podcast with Will Robinson, CEO of Encapture, a software company focused on intelligent automation for banks and lenders, to learn how Intelligent Document Processing is a big help with compliance and data integrity, automatically ensuring loan files are secure, verified and in the right place.
Dealing with unstructured data in process automation Listen to this hour-long podcast with Munish Arora, associate director of advanced analytics at Sun Life, a financial services company. He explains how the automation of low-hanging fruits, i.e., simple tasks, is increasingly shifting to companies addressing issues such as unstructured data and focusing more and more on automating end-to-end processes. Furthermore, Munish Arora describes the unique challenges of automating a process that involves unstructured data.
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