Artificial Intelligence | News | Insights | AiThority
Bitcoin
$11,726.92
+169.52
(+1.47%)
Ethereum
$422.67
+29.19
(+7.42%)
Ripple
$0.29
+0.01
(+3.96%)
Litecoin
$56.35
+1.84
(+3.38%)
EOS
$3.11
+0.08
(+2.47%)
Cardano
$0.14
-0
(-0.57%)
Stellar
$0.10
-0
(-0.49%)
NEO
$15.03
+0.9
(+6.37%)
NEM
$0.06
0
(+0.96%)
DigitalCash
$92.03
+1.61
(+1.78%)
Tether
$1.00
0
(+0.2%)
Binance Coin
$21.46
+0.03
(+0.14%)
QTUM
$2.86
+0.09
(+3.37%)
Verge
$0.01
-0
(-6.06%)
Ontology
$0.82
+0.01
(+1.2%)
ZCash
$84.67
+4.2
(+5.22%)
Steem
$0.23
+0.01
(+3.37%)

Ocrolus Announces Premium Fintech Platform Extension

1 5

Ocrolus+ Combines Advanced Document Capture & Digital Connectivity with Fraud Detection and Data Analytics

Ocrolus, a leading fintech infrastructure company that transforms documents into actionable data with over 99% accuracy, announced a new premium extension to its core technology platform. At a reception held tonight in New York, the company introduced Ocrolus+, the first turnkey solution for ingesting documents and digital data streams through a single API.

The enhanced platform allows customers to process financial documents and digital banking data in a normalized, hyper-accurate format. The company also bolstered its fraud defense capabilities, with a focus on preventing suspicious transactions via file-tampering detection and synthetic-identity analysis.

Read More: AiThority Interview with Robert Cruz, Senior Director of Information Governance at Smarsh

“Offering document-based data extraction and digital connectivity through one integration represents a solid improvement to our workflow,” said Jim Granat, Head of Small Business Financing at Enova. “Ocrolus+ will help improve Enova’s customer experience by enhancing our speed and ease.”

Ocrolus+ is being launched in partnership with two leading technology companies: Plaid, a financial data network powering thousands of fintech apps and services, and SentiLink, a leader in detecting sophisticated identification fraud. The platform’s architecture is constructed to incorporate additional curated financial tools within the automation process to deliver the best possible customer experience.

Read More: Test Release of Virtual Graffiti App “Kokorobakari” for Writing Graffiti and Making Donations Using Blockchains – Developed by Profound Design Technology and Saltfish

With its expanded product suite, Ocrolus is cementing its position as a turnkey solution provider for income & asset verification, underwriting, and account openings. Ocrolus+ ingests a wide variety of documents including e-documents, scans and mobile phone pictures, returning accurate, digital data within minutes. The platform concurrently flags signs of suspicious activity and generates financial viability analytics. Finally, Ocrolus+ corroborates submitted documentation with permissioned data sources for account authentication and ongoing monitoring.

“We believe in offering best-in-class services through one connection,” said Sam Bobley, CEO of Ocrolus. “Plaid and SentiLink are industry-leading companies that we are proud to partner with; incorporating their technology within Ocrolus+ provides our customers with dependable, decisionable data to automate high-stakes financial processes.”

Read More: VNX Exchange Partners with Sumsub to Provide State-Of-The-Art Compliance Experience

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.