A global bank sought to automate the “Know Your Customer” process that verifies new client identity. Our AI solution identifies the type of document in each PDF or image file, extracts plain text information, and assigns it a confidence threshold. Staff can now verify identity using a single document containing the extracted information, resulting in an estimated 45% time savings.
“It has been a massive help for operations to reliably plan maintenance in line with what our own data are telling us, rather than rely on manufacturer recommendations.”