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The Financial Service and Insurance Industries Need Intelligent Document Processing; Here’s Why

Rocket Software

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. IDP Trends in the Financial and Insurance Industries. Challenges to Effective IDP.

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Driving innovation and growth, Reltio powers into 2024

Reltio

As a pioneer in data unification and management, Reltio® continues to push the frontiers in empowering customers to realize the full potential of their data and enable digital transformation. The velocity packs epitomize Reltio’s mission to provide fast time-to-value. We also burnished our reputation as an AI trailblazer in 2023.

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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

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The most valuable AI use cases for business

IBM Big Data Hub

But right now, pure AI can be programmed for many tasks that require thought and intelligence , as long as that intelligence can be gathered digitally and used to train an AI system. Generative AI can produce high-quality text, images and other content based on the data used for training.

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How generative AI delivers value to insurance companies and their customers

IBM Big Data Hub

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

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ABBYY Launches Vantage, Platform Delivering Human-Like Skills to Digital Workforce

Info Source

ABBYY Vantage Empowers Business Users to Accelerate Digital Transformation Goals. The new platform can be leveraged by enterprise companies in financial services. and insurance, transportation and logistics, manufacturing, and other industries. automation (BPA). automation (BPA). Several high-profile. tech experts.

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Why Modernization Must Start with Your Employee Workflows

Rocket Software

These types of tasks create frustration, burnout and lead to high turnover rates, which costs an organization more time (and money) to find and train new employees. No one enjoys spending their days on monotonous, repetitive work that they know automation could be doing for them.