Banks and financial institutions deal with thousands of documents daily, from trade finance papers and contracts to KYC forms and remittance advice. Newgen’s AI-first Document Intelligence capabilities automate classification, extraction, validation, and reconciliation with unmatched accuracy and speed. With built-in OCR, NLP, and GenAI capabilities, empower your teams to make faster decisions, ensure compliance, and reduce operational overhead, while improving customer experience across every touchpoint.
Key Features of Newgen’s Document Intelligence for Banks
Document Classification
Automatically detect and classify document types, such as invoices, contracts, or KYC forms, using dynamic templates and AI models.
Intelligent Data Extraction
Leverage OCR and AI to extract relevant data from bulky, unstructured documents and auto-fill it into business systems.
Data Reconciliation
Automatically match and reconcile data from SWIFT messages, remittance advice, invoices, and payment instructions, minimizing errors and manual effort.
Trade Document Validation
Validate bills of lading, letters of credit, and other trade finance documents for regulatory compliance and detect discrepancies in real-time.
Contract Analysis
Identify key clauses, obligations, and risk markers across commercial agreements using AI-led contextual analysis.
Smart Content Search
Search across multiple repositories and documents from a unified interface using natural language or keyword-based queries.
Voice & Speech Analytics
Record and summarize conversations, convert multilingual speech to text, and auto-populate relevant data fields, enhancing compliance and insight capture.
Video KYC & Liveliness Check
Authenticate users in real-time using facial recognition, OCR, and liveliness detection during video-based KYC processes.
Benefits of Newgen’s Content Intelligence for Banks
Automate document processing and reduce cycle times across onboarding, compliance, and transaction operations.
Minimize manual errors with AI for extraction, validation, and reconciliation of critical data.
Stay audit-ready with automatic checks, validation, and traceable document workflows for trade finance and KYC.
Enable smooth digital customer interactions through audio and video communication, as well as multilingual support.
Eliminate repetitive tasks and free up human resources for higher-value work with intelligent automation.
Scalable solution for onboarding and lending to treasury and trade, adaptive document intelligence across diverse banking workflows.
Find Your Winning Strategy with Newgen
Explore how Newgen transforms document-heavy processes with unmatched precision and automation.
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