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.

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

Find Your Winning Strategy with Newgen

Explore how Newgen transforms document-heavy processes with unmatched precision and automation.

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