Expedite approvals with intelligent automation

Automate the processing of data from credit applications for greater accuracy and speedier approvals.

Modernize credit application processing

Credit application processes are often antiquated with many bottlenecks and manual interventions. Modernizing these processes begins with ABBYY Process Intelligence—tools to fully discover, visualize, and analyze the process end to end. With this insight, you can identify inefficiencies and opportunities for automation, and then have the ability to monitor and measure the effectiveness of change. Further improve the process with AI-based intelligent document processing (IDP). ABBYY IDP enables banks and financial institutions to capture data automatically, classify documents, and extract information from credit card applications using the latest AI, ML, and NLP technologies. Automating this process reduces expensive, time-consuming, and labor-intensive manual data entry and expedites the processing of applications.

Intelligent Automation for Banking & Financial Services

Process improvement Discover and visualize the entire credit process to pinpoint opportunities for changes. Classification and extraction Classify and extract data entities from any form or document using NLP and ML. Continuous learning Immediately adapt to new forms and document classes with ABBYY auto-learning capabilities. Speed and accuracy Increase application processing efficiency while saving costs. Process automation Reduce processing time by eliminating manual labor (sorting, classifying, searching, and handling). Mobile input Capture at the point of service using mobile apps with centralized processing.