Handwriting has been a powerful form of knowledge retention for more than five thousand years. It provides an efficient means to record information and connect us to the past and the future.
Let’s look at recent trends in new products and how their offering might leave buyers disappointed after the novelty of AI wears off.
What happens when you mix checkwashing fraud with the image-deposit rules from Check21? You get check baking, also known as check cooking. Gone are the days of chemical alterations and one-off deposits. The scam goes completely digital.
In a pivotal move to address racial bias in California’s criminal legal system, Governor Gavin Newsom signed AB 2778 which mandates the implementation of “race-blind” charging practices by prosecuting agencies starting January 1, 2025. The new requirement involves redacting any information identifying the race of individuals involved in a criminal case.
2023 proved to be a challenging year for the banking industry as it witnessed a surge in fraudulent activities. New schemes emerged, while older and enduring challenges continued. Let’s delve into the impacts of check fraud and forgery schemes. In their 2023 Fraud and Financial Crimes Report, Kroll, an advisory firm focused on risk, governance, […]
Recent developments in the world of Large Language Models has forced Artificial Intelligence into mainstream culture. Now a household name for tech enthusiasts, OpenAI’s ChatGPT is an AI-powered chat bot that was trained on large quantities of internet data to respond through text with near-human cadence. The novelty of chatting with an AI that could […]
For many businesses, partnerships are a primary method of operation. Partnerships have evolved over the decades, bringing more growth than ever before. Having the right partner brings unique benefits for both parties such as knowledge, shared resources, and expansion opportunities in new markets. Partnerships around the world provide services, products, and ideas that we use […]
Optical Character Recognition (OCR) and its subset, Intelligent Character Recognition (ICR), allow for machine-print and handwritten text in images to be recognized, extracted, and converted into a machine-readable format. Industries like banking and finance use OCR and ICR to extract data from financial documents like invoices and checks, while the healthcare industry uses this technology […]
As the holiday season warms up, many will begin sending gifts and letters to their colleagues. This is a simple process for small companies—you can walk a few steps and leave the correspondence on their desk—but when it comes to large enterprises with 1000+ employees, it gets complicated. While some may want to step out […]
The healthcare industry is under constant pressure to improve efficiency and cut costs. One area that has been receiving a lot of attention lately is revenue cycle management (RCM). RCM is the process of managing the financial aspects of patient care, including insurance billing and payments. The goal of RCM is to optimize the revenue […]
Data extraction software has increased in popularity over the past few years, helping companies become more efficient with their daily activities. Some industries use data extraction software when validating and verifying data while others use it to simplify complex processes. No matter the end goal, data extraction software can prevent the big mistakes that manual […]
When it comes to recent inflation, some individuals are changing their spending habits while others are simply taking it day by day. Either way, it seems inflation is affecting everyone. Gasoline prices are up 59.9% and energy rates are up 41.6% from last year, so there’s no doubt that the necessities are more expensive. […]
It’s amazing how quickly things can change. Exactly a year ago mortgage rates were low and demand was high. It seemed like everyone was selling, buying, or refinancing a home. There’s no doubt that the summer of 2021 was hot for mortgage lenders, but everyone knows that the market must cool eventually. Recently, the Fed […]
Alan Pelz-Sharpe at Deep Analysis is on a mission to prevent organizations from making mistakes by backward thinking, whether it is from taking a “technology first” perspective or relying too heavily on simplistic frameworks to make vendor selections, there are a lot of worst practices to avoid. Even in an age where there is a […]
Rude? Perhaps. True? Definitely. But let’s face it, there are a lot of B2B technology solutions that are hard to grok let alone implement successfully. That CRM system you’re exploring? Functionally complex, and plenty of ways to get it wrong. Automated, multi-channel customer service application? Watch out, or you’ll be under a deluge of angry […]
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- AP/AR Automation
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