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Getting Better Recognition Results with OCR Segmentation

Today’s high-speed forms processing workflows depend on accurate character recognition to capture data from document images. Rather than manually reviewing forms and entering data by hand, optical character recognition (OCR) and intelligent character recognition (ICR) allow developers to automate the data capture process while also cutting down on human error. Thanks to OCR segmentation, these […]

The Top 3 InsurTech SDKs

The insurance market is booming. As noted by research firm Deloitte, the property and casualty (P&C) sector saw a massive income uptick in 2018 and steady growth last year that’s predicted to carry forward through 2020. To help manage the influx of new clients and handle more claims, many firms are spending on insurance technology […]

Building the Next Generation of InsurTech Solutions

Although often considered a bit old fashioned, the insurance industry has made great strides in recent years to adapt to the changing needs of its customers. The latest generation of insurance customers expects faster service, better support, and more options from providers. Given these pressures, it’s no surprise that InsurTech developers have found ample opportunities […]

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 […]

Image Cleanup

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 […]

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 […]

Accusoft Announces Beta Release Testing Program

TAMPA, Fla. – Accusoft, the leader in document and imaging solutions for developers, is proud to announce its beta release testing program, which provides participants with real-time access to its latest product developments. Customer input is a key factor in Accusoft’s mission to build better software integrations that deliver functionality like OCR, image cleanup, forms […]

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 […]