Banking
AI-POWERED DOCUMENT INTELLIGENCE FOR BANKING
Base64 automates complex document processing with ease
POPULAR USE CASES
Loan Origination & Processing
Automatically extract and validate data from loan applications, bank statements, tax returns, pay stubs, and other financial documents
AI document classification enables banks to process a wide variety of documents in a single workflow, ensuring faster approval times
AI agents can compare extracted data with internal guidelines to flag discrepancies, detect fraud, and assist in decision-making for loan approvals
Compliance & Regulatory Reporting
Automate compliance checks by extracting required data from KYC forms, risk assessments, and other regulatory documents
Built-in post-processing standardizes data into required formats for seamless integration into compliance reporting systems
IDP reduces manual review time and helps meet the stringent requirements of anti-money laundering (AML) and Know Your Customer (KYC) regulations
Onboarding &
KYC
Streamline identity verification by processing US & International IDs, passports, proof of address documents, and more, ensuring compliance with banking regulations
Document segmentation, shape verification, and classification allow banks to handle a wide array of documents in a single workflow
Facial recognition and signature match technology assist in identity verification and fraud detection, reducing onboarding time while ensuring security
