Digitizing documents is crucial for organizations aiming to secure data and make information retrieval easy while saving on storage space. When it comes to document digitization, key technologies that make it possible are OCR and ICR, along with AI.
Online businesses and financial institutions must identify who their users and customers are to comply with regulations and mitigate risks. The challenge however lies in verifying user identity, especially when compromising the user experience may lead to drop-offs.
Money laundering involves three stages: Placement (introducing illicit funds), Layering (obscuring the source through complex transactions), and Integration (reintroducing "clean" money). It weakens financial systems, fuels corruption, and distorts economies globally.
Explore the evolving API landscape, from AI-powered automation and low-code integration to multi-cloud strategies and AI agents. Discover key trends, innovations, and future predictions that are reshaping industries through API-driven transformation