Ibs intelligence - Latest News Update, Information, Photos & Videos on Ibs intelligence at Lokmat Times

The recent edition of IBSi Global FinTech Innovation Awards 2021 by IBS Intelligence, celebrated amazing breakthroughs in FinTech.The awards identified and honoured technology players and banks "for their excellence in driving impact through banking technology implementations and innovations using emerging technologies."Among the winners is premier IT company Visionet Systems' data processing product, 'DocVu.AI' which has won the 'Most Innovative Use of AI/ML: Most Agile & Adaptable' award. The winners were announced during a virtual ceremony recently and were chosen from over 191 participants in the Financial Technology space across 48 countries.DocVu.AI is a state-of-the-art AI/ML Intelligent Document Processing solution that supports over 500 documents and variants and over 4000 data points, with more being added every day. It's extensively used by some of the largest banks and leading mortgage institutions for their document processing requirements. DocVu.AI can help any industry with an accuracy of 99% or more and a turnaround time of as less as 30 minutes. The platform extracts idle data and can help companies in various sectors to prioritise workflow, redeploy their workforce and expand their business.Alok Bansal, MD Visionet Systems India & Global Head of BFSI Business said, "The pandemic has accelerated digital transformation and a document processing solution like DocVu.Al can be of great help in this journey. With that goal in mind, we wanted to create a cutting-edge product with built-in architectural flexibility and also the adaptability to serve diverse needs of large and small enterprises. We are proud that not only does DocVu.Al meets this brief, it also responds with seamless precision to processes and applications that are unique to every industry. This is why it has become the number one choice for a large number of banks and financial institutions. We have always taken a holistic view of technology and this product is a triumph in that direction with its combination of customer-centric design and advanced analytics. We are much honored to win this award and we will continue to try our best and help industries with smarter, faster, and even more advanced solutions in the times to come."Vaibhav Gupta, Head, Products, received the award on behalf of Visionet's DocVu.AI team and said, "We at Visionet are delighted to receive IBS Intelligence's 'Most Innovative Use of AI/ML: Most Agile & Adaptable' award for DocVu.AI. DocVu.AI fuses OCR, computer vision, and machine learning to bring together the benefits of human ingenuity and artificial intelligence; this enables businesses to stay ahead of costs and provide great customer experience."Visionet Systems has invested over 30 months of intensive research and development in DocVu.AI and made it a next-generation platform that accelerates the processing of large volumes of structured, semi-structured as well as unstructured data. DocVu.AI has helped diverse companies and institutions to leverage new opportunities, improve compliance, and achieve faster ROI.Visionet Systems, Inc. is a premier information technology, consulting, and business process management company that delivers solutions to enable its clients to do business better. Visionet delivers winning business outcomes through its deep industry experience and a holistic view of business through technology. By combining digital strategy, customer-centric design, and advanced analytics, Visionet helps its clients create successful and adaptive businesses in banking, retail, insurance, distribution, and manufacturing. A company recognized globally for its comprehensive portfolio of services, a solid commitment to sustainability, and good corporate citizenship, Visionet has a dedicated workforce of over 7000, with its presence in ten countries across four continents.This story is provided by NewsVoir.will not be responsible in any way for the content of this article. (ANI/NewsVoir)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Ibs IntelligenceFOLLOW

Ibs intelligence, Latest News

Business :Clayfin and Bandhan Bank win Best Digital Channel/Platform award from IBS Intelligence

Clayfin Technologies, a leading provider of Digital Customer Experience solutions for Banks and Financial institutions, and Bandhan Bank, one of India's fastest-growing banks, have been awarded 'Best Digital Channel/Platform Implementation: Best Proj ...

Business :Credgenics wins the #1 Best Selling Loan Collections Platform position in IBS Intelligence India Sales League Table 2022

Credgenics, the leading provider of loan collections and debt resolution SaaS-based technology solutions to banks, non-banking finance companies and FinTech lenders worldwide, today announced that the platform is ranked #1 leader in India in Retail L ...

Business :Visionet Systems wins big at the recent IBSi Global FinTech Innovation Awards

The recent edition of IBSi Global FinTech Innovation Awards 2021 by IBS Intelligence, celebrated amazing breakthroughs in FinTech. ...