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.

Benefits of banking automation with AI

Improved fraud prevention

Improved regulatory compliance

Increased operational efficiency

Decreased error

Banking processes that we automated with Momentum AI

Concurrent

• Automation of check clearing

• Instrument processing with OCR/ICR

• Day-book validation and reconciliation.

Outward

• Automated content extraction

• Integrate with third party system

• Publish to CBS & CTS

Inward

• Automated content extraction

• Signature matching

• Publish to CTS

KYC

End-to-end eKYC process automation