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:
Lithe officially rebrands as Ondox
Intelligent automation solutions provider Lithe has announced that it has officially rebranded as Ondox. With the rebranding, Ondox aims to focus on leading its customers to success through practical AI application. Anthony Murphy, CEO of Ondox, explained: “Rebranding to Ondox is about more than a new name – it’s a clearer promise. We’re bringing our product, professional services, and support together so our customers and partners get faster outcomes with less friction. With AI Document Processing at the core, Ondox helps enterprises run smarter, faster, and more securely.”
DeepOpinion rebrands as Otera
Intelligent Document Processing vendor DeepOpinion has announced that it has rebranded as Otera. The name is derived from the words “Autonomous Era,” and the IDP provider is guided by its mission to be “the operating system for the autonomous enterprise.”
Affinda acquires AI training and enablement company Pathfindr (via direct source)
Intelligent Document Processing vendor Affinda has announced that it has acquired AI training and enablement company Pathfindr (in an all-scrip deal valued at A$15 million) to strengthen its AI transformation offering. With this acquisition, Affinda aims to support its ambition to become an Australian AI company of globally significant proportions. Timothy Toner, Co-founder and CEO of Affinda, commented: “The fastest way to create value from AI is clear: get your people using AI effectively and automate your core business processes. Customers consistently tell us they are overwhelmed by AI – where to start, how to scale, and how to ensure it delivers lasting value. And technology is only half the battle. Adoption is where value is won or lost. We’ve worked with hundreds of founders, and Dawid Naude stands out in terms of his passion for AI adoption and his ability to turn uncertainty into enterprise-wide change. Dawid and the Pathfindr team are the best we’ve seen at cutting through the noise and helping people use AI every day.”
Cortical.io, expert.ai and Quantiphi: three IDP providers in FinTech Global’s InsurTech100
FinTech information services provider FinTech Global has published the InsurTech100 2025 list. Among the 100 most innovative companies in the InsurTech space are also three Intelligent Document Processing providers: Cortical.io, expert.ai and Quantiphi. According to FinTech Global, the 2025 list has been updated to recognise the next generation of solution providers shaping the future of the insurance industry. Cortical.io wrote: “We’re proud to announce that Cortical.io has been recognized as one of the world’s leading innovators in the InsurTech100 list — for the fourth consecutive year! This recognition highlights our continued commitment to transforming the insurance industry through cutting-edge AI-powered natural language understanding.”
Alkymi introduces Alkymi Alts
Intelligent Document Processing vendor Alkymi has announced the launch of Alkymi Alts, its turnkey solution built for automating alternative investment data workflows and operational analytics. Harald Collet, CEO of Alkymi, explained: “With Alkymi Alts, we empower firms to effortlessly manage their alternative investment data. By automating the sourcing, transformation, validation, and integration of unstructured data into portfolio management and accounting systems, we enable our clients to move faster, reduce operational risk, and make more informed decisions. This solution makes it simple for clients to deploy Alkymi’s platform. It is easy to buy with a transparent commercial model and quick to onboard with support from our service team, allowing firms to experience a fast time-to-value. Alkymi Alts transforms the management of alternative investments into a seamless, scalable process.”
📰Article:
Expert commentary on “Market Momentum Index: Intelligent Document Processing (IDP) Survey 2025”
In this article, Dr. John Bates, CEO of SER, breaks down what some of the Market Momentum Index: Intelligent Document Processing (IDP) Survey 2025 numbers really mean for an enterprise, why so many IDP systems aren’t all that intelligent and what true intelligence really looks like.
💡Opinion:
Purpose-Built AI vs. General-Purpose AI: Why It Matters
“LLMs bring contextual understanding to document workflows, while purpose-built AI ensures accuracy and compliance. Combined, enterprises benefit from faster time-to-value, lower operational risk, and greater scalability,” says Dr. Marlene Wolfgruber, Product Marketing Lead for AI at ABBYY. Read her latest opinion piece, in which she explains the hybrid approach.
🎥Upcoming Webinar:
October 14, 2025, 1 pm ET: ABBYY Ascend Fall 2025 “Clarity in Motion”
Register for the ABBYY Ascend Fall 2025 “Clarity in Motion”, which features expert-led insights and product demonstrations for ABBYY’s Document AI and Process AI solutions, showcasing how these advanced technologies make AI agents more effective in handling documents, processes, and workflows to keep you ahead of the competition.
📌Find more upcoming events and webinars in the Intelligent Document Processing space here.
Thank you for reading and see you next week!
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