Optical Character Recognition (OCR) stories

Holding Redlich has begun a two-month pilot of Automatise's Cicero AI platform to enhance efficiency and data security across key legal practice groups nationwide.

Adeptia launches AIDP, an AI-driven document processing tool, to enhance automation and data accuracy for enterprises in regulated sectors.

Klippa and Open Connections have partnered to enhance AI-driven document automation, aiming to boost efficiency in finance, healthcare, logistics, and government sectors.

Queensland’s National Injury Insurance Scheme has cut invoice processing from five days to under 24 hours using AI, boosting accuracy and staff productivity.

Zoho unveils ten new AI-powered features for its low-code platform, boosting app development speed and privacy without extra cost to users.

Zoho unveils ten new AI features on its Creator platform, enhancing app development speed and ease with no extra cost to users' existing subscriptions.

Emburse has launched a new AI-driven mobile app to simplify global enterprise expense management, enhancing accuracy, automation and multilingual support.

Emburse launches an AI-powered app to simplify global enterprise expense management, offering features like receipt capture and multi-language support.

Emburse launches AI-powered mobile app for enterprise expense management, boosting accuracy and speeding reimbursements for global business travellers.

ABBYY unveils Document AI API, a developer-friendly tool to convert unstructured business documents into accurate data, boosting automation in workflows.

Netskope has unveiled its new Netskope One DLP On Demand to enhance data protection across environments, integrating extensive tools for customers.

Kaspersky has uncovered a new Trojan, SparkCat, that stealthily steals sensitive data from app users by scanning image galleries on AppStore and Google Play.

New research reveals that 55% of British finance departments still rely on outdated OCR technology, causing productivity and accuracy issues.

As corporate banking undergoes a digital transformation, real-time KYC processes powered by Corporate Digital Identity are set to significantly enhance operational efficiency.

A wave of automation is revolutionising company management, enhancing efficiency across accounts payable, inventory, and financial planning.

DocuWare has unveiled its new AI-driven Intelligent Document Processing solution, optimising data extraction and management for complex documents.

Researchers at Seoul National University have unveiled PV2DOC, a groundbreaking tool that converts presentation videos into searchable PDF summaries.

A study by Juniper Research forecasts that global non-financial businesses will spend USD $22 billion on KYC/KYB systems by 2029, marking a 140% increase.

ABBYY unveils new AI tools to enhance document processes, including Phoenix, a multi-modal learning approach, aimed at revolutionising business operations.

Newgen Software has been named a niche player in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth year running.