Compliance Data Entry Legal Technology 
Lightico
APRIL 18, 2024
Data needs to be processed quickly and accurately, especially when it is ingested by paper or digital documents. IDP is a technology that uses artificial intelligence and machine learning to automate the extraction of data from documents. This saves time and reduces the risk of errors when entering data manually.
Lightico
MARCH 19, 2024
This would involve reviewing loan agreements, sales records, and commission structures to assess compliance with regulations. Strengthened Compliance: Banks should review and strengthen their compliance procedures for car finance. This ensures transparency throughout the loan process and simplifies compliance checks.
Lightico
JULY 26, 2023
The traditional approach involves cumbersome paperwork, manual data entry, and extensive manual review processes. OCR enables the conversion of physical or scanned loan documents into machine-readable text, facilitating automated data extraction.
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