Smart Data Collective

JUNE 29, 2022

Document digitization is one of the most time-consuming tasks that finance teams face. In addition to this, often the concept of a fintech application includes fast and automatic recognition for receipts, invoices, and other financial documents to enable accurate spending tracking, KYC/AML processes, reporting, and so on.

Artificial Intelligence 217

Artificial Intelligence Predictive Analytics Documentation Finance 217

Astera

FEBRUARY 9, 2024

End-to-End Credit Risk Assessment Process The credit risk assessment is a lengthy process where banks receives hundreds of loan applications daily from various channels, such as online forms, email, phone, and walk-in customers. The data pipeline is prone to errors and failures, such as network issues, server downtime, data corruption, etc.

Banking 52

Banking Data Warehouse Data Quality Data Security 52

Astera

FEBRUARY 9, 2024

Similarly, a survey by S&P Global found that 71% of banks indicated that digitization provides better risk control and management to protect organizational profitability. Therefore, automating and digitizing the credit risk assessment workflows could help BankX save time and costs.

Data Warehouse 52

Data Warehouse Data Quality Data Security Monitoring 52

Astera

AUGUST 1, 2023

EDI file communication methods have emerged as a cornerstone of modern business operations, enabling trading partners to efficiently exchange documents like purchase orders, invoices, and shipping notices. By leveraging a VAN, businesses can ensure efficient and secure data transmission without the need for complex infrastructure.

Documentation 52

Documentation Data Security Digital Retail 52