Intellect launches trade finance solution - iColumbusai

27 Feb 2022 , 01:34 AM

Intellect Global Transaction Banking iGTB today launched iColumbusai named after the pioneer whose discoveries eventually opened up the world to truly global international trade iColumbusai is on a mission to disrupt the way that trade business is conducted today helping banks differentiate themselves through digitalisation enhance operational resilience and champion sustainability iColumbusai is an Artificial Intelligence powerhouse for trade finance enabling the extraction validation remediation and enrichment of machine-readable data whilst radically reducing the time cost and risk traditionally associated with manual compliance checks The native AI engine working in combination with advanced machine learning natural language processing and computer vision techniques can contextualise and process 500 different document types in 87Percentage less time with complete accuracy