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Best Ways to Integrate Big Data into Your Business

Smart Data Collective

Financial data (invoices, transactions, billing data) and internal and external documents (reports, business letters, production plans, and so on) are examples of this. Social media, blogging, and microblogging are all essential communication data sources. Communication Communication is the data that you generate as a person.

Big Data 284
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How to Automatically Convert Bank Statements to Excel

Astera

Do you have to manually process multiple bank statements daily? Around 80% of businesses are speeding up process automation, while 50% of them are working on automating all repetitive tasks like bank statement conversion. Let’s take a look at how you can convert bank statements to Excel via AI-powered automation.

Banking 52
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Bank Statement Extraction: Software, Benefits, and Use Cases

Astera

Bank statements contain useful financial information that can be turned into important insights. With the era of manual bank statement extraction firmly in the past, intelligent document processing (IDP) and artificial intelligence (AI) offer a better way of processing bank statements and obtaining the valuable data they contain.

Banking 52
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Your Complete Guide to Mortgage Document Processing with AI

Astera

For instance, AI can help mortgage lenders by: streamlining and automating manual tasks like document processing, identifying data anomalies and frauds, measuring and managing risk better, and evaluating customer behaviors for more personalized solutions. AI + Mortgage Document Processing: What Is It?

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OCR vs. IDP: Which is ideal for extracting data from documents?

Astera

The ability to extract key data points from a document accurately and timely is invaluable for businesses as decision-making depends on it. In a bid to enhance their existing document management and processing workflows, business and data leaders often engage in the OCR vs. IDP debate. IDP stands for intelligent document processing.

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Managed File Transfer in Banking: A Complete Guide

Astera

It’s designed to address the unique requirements of the banking sector and provide secure and efficient file transfers, ensuring the confidentiality, integrity, and availability of sensitive data. Importance of MFT in Banking Given the sensitive nature of financial data, security is paramount for banks.

Banking 52
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What is Trade Finance?

The BAWorld

The Trade Finance providers are Finance houses, Banks, Suppliers, Buyers, Syndicates, Non-Banking Finance Co-operation {NBFC}, etc. Amongst all these, the Banks play a pivotal role by providing finance to buyers and sellers. As stated above, The Banks offers numerous financing facilities to Importer and Exporters.

Finance 80