Banking, Financial and Insurance Services
A $US1.4 million mobile capture platform from Kofax is being implemented by a Top 25 global bank to simplify and streamline account openings in the Asia Pacific region.
A scanning solution utilising ABBYY FlexiCapture is allowing a leading international provider of data and software to accounting practices and their clients, Bankstream, to significantly expand its service. The solution was developed by the NZ-based development team for Bankstream in response to the unique requirements of the UK market.
Top Image Systems is underway on a million dollar project to deploy eFLOW 5 at the Hong Kong subsidiary of one of the five largest international commercial banks in China.
TheFormsAgency has announced the successful implementation of DocPath document software solutions at Thorn Group Limited. Thorn is one of Australia’s leading providers of retail and financial services to niche consumer and commercial markets.
A large Australian bank has chosen Kofax software to automate the processing of mortgage applications and ancillary documents, and to redact credit card numbers from bank statements to meet Payment Card Industry Data Security Standard (PCI DSS) requirements.
Retirement may be an ending, but it can also offer the promise of a new beginning. This was certainly the hope held out by Tasmania’s Retirement Benefits Fund when it chose to retire a set of legacy applications and host all the data instead in its TRIM EDRMS.
UK pet owners can be confident if Fido or Fluffy comes to grief their claims will be settled rapidly, following the installation of a document scanning solution at Agria Pet Insurance to streamline the whole process of managing claims. Last year 75,000 claims were received with £20 million paid out to British customers insuring their cats and dogs.
Strong growth in recent years has seen New Zealand Health Insurer Accuro adopt a hybrid cloud strategy and explore forms-based automation with its Laserfiche document management platform.
More than 1 in 3 document processes in financial services (37 percent) are still driven by paper, according to an IDC Financial Insights Market Spotlight based on an IDC white paper sponsored by Ricoh.
According to gross domestic product (GDP) data released by the Australian Bureau of Statistics (ABS), businesses spent a record $A3.134 billion on software during the June quarter of 2013.
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