The introduction of AI applications, particularly in generative AI, is revolutionizing personal and professional lives, especially in fields like writing and content creation.
OCR technology, though dating back to the 1920s, has evolved into a pivotal tool for banking, allowing for quick extraction of text from documents like PDFs.
By integrating OCR with generative AI, banking institutions are transforming manual processes into efficient workflows, significantly improving their operational efficiency.
The convenience of OCR means users can easily navigate their financial documents such as bank statements without the tedious process of manual data entry.
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