How the COVID Era Makes KYC/AML Interesting
By now it is accepted as given that banking interactions and the processes and technology enabling them have become normalized around social distancing. The accelerated adoption of Hyperautomation, originally conceived for making operations more efficient with AI and bots, now is a strategic element of making contactless business for both customers and employees work.
Do You Need Process Intelligence for Successful Digital Transformation Outcomes?
While 80% of the companies surveyed by McKinsey consider digital transformation a top corporate priority, nearly 70% fail to meet expectations. ABBYY Process Intelligence is designed to help organizations discover and measure how current processes work, identify process bottlenecks, and surface areas for process optimization based on four foundational pillars.
Accelerating Digital Transformation in Logistics
To drive growth and profitability, shippers need to transform back-office functions in a manner that reduces manual processes and integrates processing through the entire supply chain with both carriers and trading partners, notes Bruce Orcutt, SVP of Product Marketing at ABBYY in a recent feature in Inbound Logistics.
Financial Industry Becoming Leaner through Digital Intelligence
It’s no secret that digital transformation has become a necessity for businesses to gain a competitive edge. With increasing customer expectations, the ability to get processes done faster and more efficiently has never been more important.
The Transformative Power of Digital Intelligence for the Enterprise
In an interview with Unite.AI, Anthony Macciola, Chief Innovation Officer at ABBYY, shares how AI technologies power Digital Intelligence solutions that equip enterprises with the tools they need to attain a greater understanding of business processes and the content and data that fuels them.
Why AI Matters in LIBOR Transition
On July 27, 2017, the UK’s Financial Conduct Authority announced that the London Interbank Offered Rate (LIBOR), one of the world's most widely used interest rate benchmarks, will be phased out by the end of 2021. While officially a UK protocol, LIBOR is used as a reference rate by financial institutions around the world, including the United States, and its impending demise has generated calls to action across the global banking and finance industry.
ABBYY Honored with Blue Prism “Partner of the Year” Award
ABBYY was recognized last week as Technology Alliance Program (TAP) Premier Partner of the Year at the inaugural ‘virtual’ Blue Prism World conference. While this is a terrific honor by a highly valued and long-standing partner at an amazing event, the greater significance of the award can be seen by the results of the visionary organizational leaders.
7 Tips for Bringing Artificial Intelligence into Your Organization
Artificial intelligence (AI) is certainly the most revolutionizing technology of the digital age, as enterprises explore ways to utilize machine learning (ML) and other AI tools to harness customer insights, spot talent, and secure corporate networks.
Financial Services - Ready for Business in the Year of COVID Transition
Just 6 months ago, no one would have imagined that social distancing would be the normal way of interacting in public settings or doing business. But now, just halfway through the year, we can hardly imagine what it was like going to the store, getting a meal, or going to the bank without a mask, hand sanitizer, avoiding cash, and being vigilant about safe distance.
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