The Evolving Trends of Check Fraud: What the Financial Industry Experienced in 2023

2023 proved to be a challenging year for the banking industry as it witnessed a surge in fraudulent activities. New schemes emerged, while older and enduring challenges continued. Let’s delve into the impacts of check fraud and forgery schemes. In their 2023 Fraud and Financial Crimes Report, Kroll, an advisory firm focused on risk, governance, […]

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A Love Letter To OpenAI

Recent developments in the world of Large Language Models has forced Artificial Intelligence into mainstream culture. Now a household name for tech enthusiasts, OpenAI’s ChatGPT is an AI-powered chat bot that was trained on large quantities of internet data to respond through text with near-human cadence. The novelty of chatting with an AI that could […]

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Partnerships: A World of Endless Possibilities

For many businesses, partnerships are a primary method of operation. Partnerships have evolved over the decades, bringing more growth than ever before. Having the right partner brings unique benefits for both parties such as knowledge, shared resources, and expansion opportunities in new markets. Partnerships around the world provide services, products, and ideas that we use […]

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A Lot Has Happened In The Past Year For Mortgage Lenders

It’s amazing how quickly things can change. Exactly a year ago mortgage rates were low and demand was high. It seemed like everyone was selling, buying, or refinancing a home. There’s no doubt that the summer of 2021 was hot for mortgage lenders, but everyone knows that the market must cool eventually. Recently, the Fed […]

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You’re Awash With Information but Where Do You Start? #Insightful IDP

Alan Pelz-Sharpe at Deep Analysis is on a mission to prevent organizations from making mistakes by backward thinking, whether it is from taking a “technology first” perspective or relying too heavily on simplistic frameworks to make vendor selections, there are a lot of worst practices to avoid. Even in an age where there is a […]

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What You Don’t Know About IDP Could Fill a Book #Insightful IDP

Rude? Perhaps. True? Definitely. But let’s face it, there are a lot of B2B technology solutions that are hard to grok let alone implement successfully. That CRM system you’re exploring? Functionally complex, and plenty of ways to get it wrong. Automated, multi-channel customer service application? Watch out, or you’ll be under a deluge of angry […]

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healthcare insurance Ricoh

There’s More to Measuring Success Than Achieving Straight-Through Document Automation

Parascript is co-sponsoring a talk with Ricoh USA at the upcoming Insurance AI and Innovative Tech conference in Chicago on April 26th and 27th.  Ricoh has been doing some fantastic work in the area of combining AI, SaaS delivery models, and turnkey outsourced staffing as part of its new vision for digital transformation. The focus of this talk […]

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Starting From the Middle Instead of the Beginning

I just read a great article in Document Strategy’s Spring issue by Alan Pelz-Sharpe, the principle at Deep Analysis. The main premise is that while organizations can choose to tackle digital transformation projects at a large scale, should they? The article goes on to point out some impressive arguments for taking a more selective approach […]

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machine learning abstract

Too Much Focus Can Spoil Real Automation Opportunities

Sometimes it’s not all about adopting AI to make things work better. I was reminded recently about the power and significant benefits of process reengineering in a call with a prospective client. Most companies that deal with document-based data within key processes naturally gravitate to the idea of applying AI to automate a lot of […]

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Losing Weight Without Spending 4 Hours at the Gym

e·qui·lib·ri·um /ˌēkwəˈlibrēəm,ˌekwəˈlibrēəm/ noun: equilibrium; plural noun: equilibria a state in which opposing forces or influences are balanced. The key to losing weight is to focus on inputs and outputs. If you are eating more calories than you are burning, you gain weight. If you are at a state of equilibrium, you maintain your current weight, […]

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machine learning

Wrangling the “Simple” Structured Form (And Everything Else for That Matter)

In last week’s article a bubble was burst: automating that simple structured form ain’t so simple. You might have been led to believe by what you read on the Interwebs that your forms are a piece of cake to apply IDP in order to achieve high levels of automation. But what you’re reading is mostly […]

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