Tag Archives: banking

How is OCR Affecting Big Data in Finance?

The strict compliance regulations and ethics laws of the banking and financial services industries make it necessary for companies to handle documents properly. To optimize the high-volume information pulling of a big data model while ensuring compliance, firms utilize Optical ...

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How banks can beat the paper chase

Financial institutions deal with everything from mortgage applications to account statements to wire transfer requests to customer checks, many of which live as paper documents. And because banks and credit unions are obligated to keep a large part of their ...

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