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Harnessing the Power of AI in Lending: Leveraging Artificial Intelligence to Revolutionize Loan Originations Servicing and Document Management

Lightico

Artificial intelligence (AI) has revolutionized various industries, including financial services and lending. The traditional approach involves cumbersome paperwork, manual data entry, and extensive manual review processes.

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Intelligent Document Processing: Fueling Efficiency and Growth

Lightico

Data needs to be processed quickly and accurately, especially when it is ingested by paper or digital documents. This is where Intelligent Document Processing (IDP) comes in. IDP is a technology that uses artificial intelligence and machine learning to automate the extraction of data from documents.

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4 Outsourcing Trends That Will Impact Businesses in 2019 (Infographic)

Transcosmos

This makes it important for companies to recognize which trends can help them meet the business goals of their organization and their clients, with focus on technology, value, and methodologies. This is possible thanks to technologies becoming more sophisticated, freeing human workers from menial jobs to attend to more complex tasks.