Check Slip Processing for Commercial Bank

60%

TIME-REDUCTION

400K + images

straight-through processing

10,000 claims

processed daily

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Client

Commercial Bank

Goal

Verify customer accounts based on check deposit images

CHALlENGE Overview

A service provider for the financial service industry helps its commercial bank customers to verify visiting customers’ identities, including names, address, and account # & routing #.

Current solutions in the market rely on rule-based algorithms to extract data from images and fail  to perform when new formats are introduced. Furthermore, current OCR engines rely on high quality images and perform poorly when the image quality is not up to par. 

our solution

Business value