FRAUD-DETECTION

LENDING

A Guide to Automating Loan Document Data Extraction

With an automated data extraction solution, loan documents can automatically be processed end-to-end without any human errors and delays. Automation in loan document processing prevents downtimes, eliminates data redundancy, and allows companies to respond faster to client queries. By combining machine learning with deep learning and OCR, companies can eliminate huge costs, derive actionable insights, and streamline loan processing and approvals through efficient data extraction and analysis.
Pankaj Tripathi
September 13, 2021
/
8 min
read
LENDING

A Guide to Automating Mortgage Document Data Extraction

Mortgage lenders receive multiple identity and income verification documents along with different forms from loan applicants in a variety of formats and styles. Traditional OCR solutions fail to extract data from these semi-structured documents and that’s why more and more lenders are adopting intelligent document processing solutions. IDP solutions not only extract data correctly, they are able to validate extracted data against predefined rules in order to improve accuracy.
Pankaj Tripathi
September 13, 2021
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7 min
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IDP

What is Document Fraud and how to prevent it?

A quick introduction to various document frauds in different industries. Learn how Docsumo can help you detect and prevent document fraud in real-time.
Pankaj Tripathi
April 30, 2021
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8 min
read

Get detailed automation stories & case studies to expand your process automation knowledge

Given the immense benefits it has to offer, more and more companies are inclined towards automating their accounts payable (AP) processes.
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ACCOUNTS-PAYABLE

How to Prevent Duplicate Payment

Complete guide on detecting and preventing duplicate payments. Read more to learn about vendor fraud cases, expense frauds, and accounts payable frauds that results in duplicate payments.
Pankaj Tripathi
April 21, 2021
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8 min
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ACCOUNTS-PAYABLE

How to Prevent Invoice Frauds

Complete guide on the types of Accounts Payable frauds and duplicate invoice. Read more to learn how to detect and prevent invoice frauds in your business.
Pankaj Tripathi
April 21, 2021
/
8 min
read