Search results for "news_formsuite-v4-simplifies-forms-processing"
How COVID-19 is Reshaping the InsurTech Industry
From large payouts and losses in some segments to rapid growth in others, the insurance industry has experienced seismic shifts due to the COVID-19 global pandemic. To keep some semblance of normalcy during these changes and the aftermath, organizations are turning to InsurTech solutions for help. According to Deloitte, InsurTech investments remain strong, with […]
PrizmDoc® for Java Improves Loan Processing Times by 40% for a Leading Mortgage Lender
Enterprises are continuously engaged in a process of evaluating their operations to identify opportunities for improvement. When one of the world’s leading mortgage lenders took a closer look at how it was handling documents to process applications, it quickly recognized the need to implement a solution that would allow them to scale capacity and […]
Apache Log4j Vulnerability
How FinTech Lenders Are Delivering COVID Stimulus Faster Than Banks
When President Joe Biden signed the $1.9 trillion American Rescue Plan Act relief package into law on March 11, 2021, millions of Americans looked forward to receiving a much-needed $1400 stimulus check from the government. Although many people would receive paper checks directly from the Internal Revenue Service (IRS), anyone who had previously filed their […]
Machine Learning: What Is It, Why Does It Matter, and Where Is It Going?
Seventy-six percent of companies surveyed plan to prioritize machine learning (ML) and artificial intelligence (AI) deployments in 2021. Despite increased uptake, however, there is still a great deal of confusion surrounding these advanced concepts. In order to understand how organizations hope to leverage ML and AI in their technology initiatives, it’s helpful to take a […]
5 GovTech Trends to Watch in 2021
The last twelve months have seen an unprecedented shift in the way organizations and customers are utilizing digital services. According to data gathered by McKinsey in 2020, digital adoption made roughly five years worth of progress in a span of eight weeks at the onset of the COVID-19 pandemic. While this massive shift impacted almost […]
SmartZone v6.1 Adds Over 60 New OCR Languages and Full-Page OCR Functionality
On July 23, 2021, Accusoft announced the latest update to SmartZone, its versatile data capture SDK for forms processing. The version 6.1 update expands the integration’s already robust language support for Optical Character Recognition (OCR) by adding 65 new languages, with a special emphasis on Central European, Cyrillic, Baltic, and Asian language groups. “We have […]
OCR vs ICR: What’s the Difference?
The days of manually transcribing scanned documents into an editable, digital document are thankfully long behind most organizations. Error-prone manual processes have largely given way to automated document and forms processing technology that can turn scanned documents into a more manageable form with a much higher degree of accuracy. Much of transition was made possible […]
Patch Codes
Insurance
History
Introducing PrizmDoc OCR API: How OCR Can Transform Your Applications
The Accusoft engineering team is always exploring ways to improve PrizmDoc’s document processing capabilities. We regularly consult with our active customers to ensure that we’re focusing on features that will help them push the boundaries of innovation and deliver a better experience to end users. That’s why we’re excited to talk about PrizmDoc’s new OCR […]