Intelligent Automation for Financial Services

Ironically, as processes become more automated, financial institutions become more vulnerable to crimes, fraud, and KYC violations. Even as banks try to reduce expensive paper transactions, checks, credit, and payment documents are processed every day. As attacks are most likely to occur through process vulnerabilities and fraudulent documents, thorough process discovery and analysis is a necessary first step, followed by automating paper-based processes with the ability to spot suspicious behaviors.

Banks can achieve significant cost savings and speed time to payment while preventing check, loan, and payment authorization fraud with ABBYY. We help you optimize the validation and proof of documents function with automated and centralized processing of documents with verification against customer information, behavior patterns, and KYC policies.