Accelerate digital transformation with AI
AI driven OCR/ICR and NLP technology with customizable workflow
Momentum AI
End-to-end AI platform to automate data ingestion, transformation, machine learning, computer vision and visualization.
Weekly Webinar
Join weekly webinar to learn about Momentum and our AI solutions.
11:00am US EST
Wednesday
For SI and Partners
11:00am US EST
Data Science
We offer AI advisory service, best practice implementation, model development and management.
Banking Automation with Momentum AI
Deep learning based ICR, OCR and NLP technologies extract handwritten and typed texts from scanned documents, and automate processes enabling banks to save up to 50% on their operating cost.
Concurrent
Outward
Inward
KYC
• Automation of check clearing
• Instrument processing with OCR/ICR
• Day-book validation and reconciliation.
• Automated content extraction
• Integrate with third party system
• Publish to CBS & CTS
• Automated content extraction
• Signature matching
• Publish to CTS
End-to-end eKYC process automation
Features
Integrates with Core Banking System (CBS) and Cheque Truncation System (CTS)
Customizable workflow with web based UI for management and quality
Configurable rule engine to adhere to bank specific processing needs
Highly scalable to support 1000s of bank branches to centralize the processing
Benefits
Improved fraud prevention
Improved regulatory compliance
Increased operational efficiency
Decreased error
Momentum Powered Industry Use Cases
Our customers have deployed Momentum powered AI solutions in several industries.