ABBYY

Credit Application Processing

Expedite approvals with intelligent automation

Automate the processing of data from credit applications for greater accuracy and speedier approvals.

Modernize credit application processing

Credit application processes are often antiquated with many bottlenecks and manual interventions. Modernizing these processes begins with ABBYY Process Intelligence—tools to fully discover, visualize, and analyze the process end to end. With this insight, you can identify inefficiencies and opportunities for automation, and then have the ability to monitor and measure the effectiveness of change.

Further improve the process with AI-based intelligent document processing (IDP). ABBYY IDP enables banks and financial institutions to capture data automatically, classify documents, and extract information from credit card applications using the latest AI, ML, and NLP technologies. Automating this process reduces expensive, time-consuming, and labor-intensive manual data entry and expedites the processing of applications.

Intelligent Automation for Banking & Financial Services

Process improvement
Discover and visualize the entire credit process to pinpoint opportunities for changes.
Classification and extraction
Classify and extract data entities from any form or document using NLP and ML.
Continuous learning
Immediately adapt to new forms and document classes with ABBYY auto-learning capabilities.
Speed and accuracy
Increase application processing efficiency while saving costs.
Process automation
Reduce processing time by eliminating manual labor (sorting, classifying, searching, and handling).
Mobile input
Capture at the point of service using mobile apps with centralized processing.
Third-party content

Profitable Defense Against Financial Crime—As Featured in BAI Banking Strategies Executive Report

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Infographic

IDC infographic: Empowering Financial Services to Innovate Through Automation

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Third-party content

Profitable Defense Against Financial Crime—As Featured in BAI Banking Strategies Executive Report

Learn more
Infographic

IDC infographic: Empowering Financial Services to Innovate Through Automation

Download infographic
ABBYY

Intelligent Automation in Financial Services & Banking

Why ABBYY?

ChatHeart

Trusted

Over 10,000 enterprise customers, including many of the Fortune 500, trust ABBYY with their business-critical documents. The analyst community continues to name ABBYY as the market leader in intelligent document processing.
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Innovative

ABBYY modernized the IDP market with its low-code / no-code platform. After 30 years, we are unmatched in the number of document types, formats, and languages we support.
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Transformative

Our decades-long focus on AI allows us to deliver results faster, stronger, and at a lower processing cost. Our customers experience 400% higher employee productivity, 95% automation out of the box, and millions of dollars in cost-saving opportunities.

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