- Intelligent OCR/ICR
- Intelligent automated cheque processing, validation, payment and reconciliation
- Over 50% reduction in personnel cost and processing time reduced by over 5X (>80%)
- Go live in less than 4 weeks
PROBLEM
- Manual entry and verification of name, date, amount and signature from check image
- Time consuming processing, by costly bank employees
- High volume repetitive process and prone to errors
SOLUTION
- Check data (date, amount, beneficiary name and signature) is extracted by a proprietary AI based OCR/ICR technology
- Intelligent Automation for check processing, payment, reconciliation, validation of signature / check number vis-a-vis A/C number from CBS system
- Validation of all banking rules for check clearance
TECHNOLOGY
- Proprietary Intelligent OCR/ICR
- Proprietary computer vision & deep learning
452total visits,1visits today