With the advent of technology and the global pandemic, the banking sector has evolved rapidly, and clients’ expectations have grown. A massive shift toward online platforms has raised contentions for a more satisfactory user interface. Given these modern technological transformations, … Read More
Author Archives: Recosense
Intelligent Process Automation – All You Need to Know about IPA
Intelligent Process Automation (IPA) focuses on applying Machine Learning and Artificial Intelligence to integrate Intelligent Document Processing (IDP) and process intelligence. IPA works towards using technologies like cognitive automation, NLP, computer vision, etc., to systematise robotic processes. During the ongoing … Read More
What Does the Future of Aviation MRO Look Like?
MRO, i.e., “Maintenance, Repair and Overhaul”, is a crucial part of the aviation industry that ensures all aero planes are safe and in a working condition. While MRO teams worldwide are highly sophisticated and skilled, there is still a long … Read More
Learn About MRO in Aviation in a Nutshell
MRO in aviation, i.e., “Maintenance, Repair and Overhaul”, focuses on inspecting and correcting problems in aircraft components to ensure that they remain functional and reliable to render the aircraft flightworthy. The annual revenue of the global aircraft MRO business was … Read More
How can you Avoid the Increasing Challenges of Unstructured Content in Financial Services?
In recent times, financial services involve extensive unstructured data sets that are constantly increasing in complexity and variety. Given this ambiguity, it becomes challenging for businesses to manage this unstructured data in a database format. Also, the complex nature of … Read More
Intelligent Document Processing – A Pre-Requisite for Organisations
Data is a component that is extremely important for organisational development and daily workflow. However, one of the never-ending challenges that many enterprises face today is to use the abundant data at their disposal in brilliant ways that are most … Read More
How Can AI Change the Audit Procedure and Ensure Compliance?
Artificial Intelligence programmes are steadily changing our personal and professional lives. You can now apply machine learning to banks, financial services and insurance industries worldwide. The focus is on delivering AI as a service and using a self-developed machine learning … Read More
NLP in Aviation – A Revolution
Thanks to chatbots and personal assistants, Natural Language Processing (NLP) – an AI-based technology, has become an imperative part of our daily lives. People may have just heard of the term, but few understand the complexities of NLP algorithms and … Read More
Intelligent Document Processing for Banks
Intelligent Document Processing (IDP) is an AI-based technology that retrieves big data and uses machine learning to process and improve it with less human intervention. It is different from traditional stand-alone Optical Character Recognition (OCR) solutions, wherein it uses AI … Read More
Automation Process in Finance: How RPA Can Help?
With several new innovations and applications at play, the finance world is in for an exciting time ahead. Robotic process automation (RPA) is one such technology that can completely revolutionise business processes. This technology uses software robots to automate tedious … Read More