The need for the most efficient and effective Know Your Customer regulations and KYC solutions has never been stronger as conventional banking advances online. Customers may open accounts with banks, brokerage firms, and other financial organizations using only their cell phones. They may use an app to apply for financing and invest in inequities. They can do it securely and … [Read more...] about The future of KYC: Why KYC Banking Is Important and What banks need to know
KYC
OCR Technology: A Breakdown of Data Recognition, Extraction and Processing
Optical Character Recognition (OCR) converts text and handwritten documents into digital PDFs and online documents. OCR has the power to generate machine-readable text from many documents in different languages. This not only saves online businesses the cost of investing in a larger workforce but also makes the customer onboarding process streamlined. The total market size for … [Read more...] about OCR Technology: A Breakdown of Data Recognition, Extraction and Processing
