Speed and visibility
Transform documents and communications into actionable insights within minutes to improve customer-facing and back-end financial processes.
Financial services
Intelligent automation in banking and financial services
Turn your data into outcomes with purpose-built AI document processing for onboarding, KYC, trade finance, and more. Digital transformation in banking starts with intelligent automation.
Leverage cutting-edge technologies for smarter and faster banking
Every financial services organization is faced with three critical challenges: increasing process efficiency, minimizing operational costs, and delivering exceptional customer experiences. Our mission is to help you meet these goals.
We've developed intelligent automation solutions to efficiently process your business documents and optimize your processes. Our products are powered by advanced technologies and techniques, such as artificial intelligence (AI), natural language processing (NLP), and process mining. With these capabilities, you'll boost your operational productivity, while enhancing your customer experience.
Maximize business efficiency with AI automation in banking
High processing accuracy
Automate processing of all document types and data formats, whether they’re structured or unstructured, reducing the risk of human error.
Advanced automation processes
Harness the power of artificial intelligence and machine learning to intelligently capture, extract, and process your document data.
Enhanced compliance standards
Improve your compliance and crime detection by tracing and auditing all customer data during onboarding and throughout the customer journey.
Frictionless onboarding
Benefit from enhanced fraud controls while meeting customer expectations of fast responses to onboarding, credit card, and loan applications.
Get started immediately
Access pre-trained intelligent document processing (IDP) skills in the ABBYY Marketplace, built for over 150 use cases.
eBook
Onboarding: Balance Customer Expectations with Fraud Controls in Financial Services
Digital identity proofing and identity affirmation are powerful fraud-prevention tools for secure onboarding that also increase customer confidence.
Report
6th Year in a Row: Everest Group Names ABBYY a Leader
ABBYY Vantage lets organizations process documents using pre-built AI models that are ready to use within minutes, with a high degree of accuracy.
Checklist
Top 7 Document Skills for Financial Services
Find pre-built AI models for processing financial documents in the ABBYY Marketplace, ready to process your bank statements, utility bills, and IRS tax forms.
Report
6th Year in a Row: Everest Group Names ABBYY a Leader
ABBYY Vantage lets organizations process documents using pre-built AI models that are ready to use within minutes, with a high degree of accuracy.
Checklist
Top 7 Document Skills for Financial Services
Find pre-built AI models for processing financial documents in the ABBYY Marketplace, ready to process your bank statements, utility bills, and IRS tax forms.
Report
6th Year in a Row: Everest Group Names ABBYY a Leader
ABBYY Vantage lets organizations process documents using pre-built AI models that are ready to use within minutes, with a high degree of accuracy.
Checklist
Top 7 Document Skills for Financial Services
Find pre-built AI models for processing financial documents in the ABBYY Marketplace, ready to process your bank statements, utility bills, and IRS tax forms.
Automation in banking and financial services—use cases
Know Your Customer (KYC) compliance
KYC and Anti-Money Laundering (AML) violations cost banks billions of dollars in fines and legal expenses. Leverage intelligent process automation to uncover process and content vulnerabilities, and stay compliant with KYC.
Mortgage loan processing
Automate your document-intensive mortgage loan processes. We leverage process intelligence, optical character recognition (OCR), and verification tools to optimize processing flows for all loan documents from the point of submission.
Fraud prevention and risk management
Automating processes can make financial institutions more susceptible to crimes, fraud, and KYC violations. Safeguard your business from vulnerabilities and fraudulent documents by optimizing your document validation and proofing.
Trade finance
Accurately gather insights from your documents to improve your business operations. We offer end-to-end automation of trade finance processes to help you increase revenue, reduce risks, and go paperless.
Account services
Optimize customer experiences with mobile and remote apps for document process automation. Your customers will be able to upload photos of their ID and other documents, validate the information, and use it in their applications.
Credit application processing
Use process intelligence to modernize your credit application process. This technology will automatically capture and extract essential details from applications. You’ll speed up credit card delivery to customers, and discover inefficiencies in your end-to-end application process.
Document review and analysis
Leveraging the data hidden in your financial documents can help to mitigate risk. Our IDP platform helps you do just that. Using automated NLP technology, it analyzes any document and delivers timely insights, no matter its structure.
Customer experience
Modernize your customer experience by automating laborious, document-centric processes. We've built AI models for financial documents to accelerate all your customer application processes, from onboarding and KYC to wealth management and consumer lending.
Intelligent document processing with ABBYY Vantage
With a robust, purpose-built AI platform and out-of-the-box document skills, ABBYY makes it easy to start putting your information to work with IDP.
Built to process any document
Vantage comes with a core set of AI skills to process all document types. Whether your data is structured, semi-structured, or unstructured, our IDP platform will extract and analyze it. This includes barcodes, signatures, handwriting, and check boxes.
Document skills to help you get started
Browse the ABBYY Marketplace and choose pre-trained document models to classify and extract information from your financial documents. Out of the box, you'll be able to process bank statements, utility bills, tax forms, lending documents, and more to deliver a quick return on investment.
Low-code design
Our easy, low-code skill designer allows citizen developers to design, train, and publish document skills for specialist use cases.
A platform that continuously learns
Our platform gets smarter and more accurate over time as you present it with new document variations and data. Through human-in-the-loop review, your business processes will become more efficient and require less human intervention.
Expediting delivery of financial aid to businesses
75%
automation of the loan request process
6-week
project deployment
99%+
processing accuracy
“In our long-term partnership with ABBYY, their intelligent technology has convinced us once more with outstanding results and helped us to develop this project in record speed during turbulent times.”
Explore automation in banking and financial services
Solution Brief
Meet ABBYY’s solution for Know Your Customer (KYC)
We illustrate how our solutions, including intelligent document processing and process intelligence, will deliver end-to-end improvements to your KYC process.
Infographic
IDC research: Empowering Financial Services to Innovate Through Automation
According to IDC, 83% of banks are increasing their automation budget in the next 12 to 24 months. Find out how AI and automation could help your organization.
Infographic
How automation is transforming financial services organizations
Our 2022 survey explores the ROI for financial services organizations implementing automation.
Solution Brief
Meet ABBYY’s solution for Know Your Customer (KYC)
We illustrate how our solutions, including intelligent document processing and process intelligence, will deliver end-to-end improvements to your KYC process.
Infographic
IDC research: Empowering Financial Services to Innovate Through Automation
According to IDC, 83% of banks are increasing their automation budget in the next 12 to 24 months. Find out how AI and automation could help your organization.
Infographic
How automation is transforming financial services organizations
Our 2022 survey explores the ROI for financial services organizations implementing automation.
Solution Brief
Meet ABBYY’s solution for Know Your Customer (KYC)
We illustrate how our solutions, including intelligent document processing and process intelligence, will deliver end-to-end improvements to your KYC process.
Infographic
IDC research: Empowering Financial Services to Innovate Through Automation
According to IDC, 83% of banks are increasing their automation budget in the next 12 to 24 months. Find out how AI and automation could help your organization.
Infographic
How automation is transforming financial services organizations
Our 2022 survey explores the ROI for financial services organizations implementing automation.
Why choose ABBYY?
Trusted
Over 10,000 organizations, including Fortune 500 companies, trust us with their business-critical documents. Industry specialists continually list ABBYY as the market leader in intelligent document processing.
Innovative
Our low-code IDP platform modernized the automation market. Today, we are unmatched in the number of document types, formats, and languages we support, delivering 95% automation out of the box.
Transformative
Our decades-long focus on AI allows us to deliver results faster, stronger, and more cost-effectively. ABBYY customers enjoy a 400% increase in employee productivity and millions of dollars in cost-saving opportunities.
Request a demo today!
Schedule a demo and see how ABBYY intelligent automation can transform the way you work—forever.
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