Tag : Ocrolus

Ocrolus Launches Comprehensive Fraud Detection Solution for Lenders
Lending News Risk Management

Ocrolus Launches Comprehensive Fraud Detection Solution for Lenders

Fintech News Desk
Ocrolus Detect can help lenders minimize risk and prevent unnecessary losses Ocrolus, the document and data analysis platform empowering lenders to make faster, more accurate lending decisions, announced the launch of Ocrolus Detect, a comprehensive fraud detection solution for lenders. Detect provides high-quality, decision-ready data that can help lenders minimize......
Ocrolus Introduces First Fully-Integrated Document Management Solution for ICE Encompass
Mortgage News

Ocrolus Introduces First Fully-Integrated Document Management Solution for ICE Encompass

Fintech News Desk
The Ocrolus Encompass Integration embeds automated document classification, verification and data analysis within the mortgage platform Ocrolus, the leading Human-in-the-Loop document automation platform, announced the availability of a new suite of document-centric applications in Encompass, intended to reduce delays due to review queues within the mortgage approval process. The product......
Resource Financial Builds on Ocrolus to Automate Residential Mortgage Processing
Mortgage News

Resource Financial Builds on Ocrolus to Automate Residential Mortgage Processing

Fintech News Desk
Independent Mortgage Bank offers a completely digital mortgage origination process to residential customers in the Southeast United States Ocrolus, the only automation platform that analyzes financial documents with over 99 percent accuracy, and Resource Financial Services, a leading independent mortgage banker serving the Southeastern United States, announced a technology partnership to further......
Ocrolus and Blend Announce Partnership to Automate End-to-End Mortgage Process
Fintech Mortgage News

Ocrolus and Blend Announce Partnership to Automate End-to-End Mortgage Process

Fintech News Desk
Ocrolus, the only automation platform that analyzes financial documents with over 99 percent accuracy, and Blend, a leader in cloud banking software, announced a strategic partnership which will embed Ocrolus’ Human-in-the-Loop document analysis solution within the Blend platform to accelerate digital mortgage applications. Read More About Fintech News : BrightTower Advises Procurement......
"Build on Ocrolus" Empowers Plaid and Developers to Embed Document Capture within Financial Apps
Fintech News

“Build on Ocrolus” Empowers Plaid and Developers to Embed Document Capture within Financial Apps

Fintech News Desk
Document ingestion combined with permissioned data applications enable complete, agile lending solutions  Ocrolus, the only automation platform that analyzes financial documents with over 99 percent accuracy, formalized its “Build on Ocrolus” program, enabling fintech developers to leverage custom applications that automate document-driven workflows. The program was introduced today at the......
Ocrolus
Banking Fintech News

Ocrolus Raises $80 Million In Series C Funding To Scale Its Financial Services Focused Document Automation Solution

Fintech News Desk
Company Makes Lending Significantly Faster And More Accurate; Achieves $500+M Valuation; Expands US Operations Ocrolus, the only automation platform that analyzes financial documents with over 99 percent accuracy, announced $80 million in Series C funding led by Fin VC at a valuation north of $500 million. The company powers document......
Ocrolus Introduces New Cash flow-informed Credit Model
Banking Digital News

Ocrolus Introduces New Cash flow-informed Credit Model

Fintech News Desk
Advanced, data-driven solution provides business, consumer & ecommerce lenders an easy to deploy solution to evaluate default probability and set risk tolerance  Ocrolus, the only automation platform that analyzes financial documents with over 99 percent accuracy, announced the launch of a new Cash flow-informed Credit (CfiC) scoring program, which enables......
Ocrolus-Adds-Firmographic-and-KYB-Capabilities-with-Middesk-Integration
Business Fintech News

Ocrolus Adds Firmographic and KYB Capabilities with Middesk Integration

Fintech News Desk
Ocrolus, the only automation platform that analyzes financial documents and digital data with over 99% accuracy, announced today its integration with Middesk to help financial services companies better understand their business customers. Middesk delivers business verifications, legal and regulatory checks, and industry classification products for companies selling to businesses. Its background check......
Ocrolus Introduces Cross Source Validation to Automate Corroboration of Borrower Information Accuracy
Fintech News

Ocrolus Introduces Cross Source Validation to Automate Corroboration of Borrower Information Accuracy

Fintech News Desk
Ocrolus, the leading human-in-the-loop infrastructure company that transforms documents into actionable data, introduced Cross Source Validation (XSV), a core functionality upgrade to its’ fintech infrastructure. XSV automatically compares data extracted from multiple documents or data sources to verify that borrower provided information is logical and correct. Read More: Introducing Varo......
FormFree and Ocrolus Partner on Comprehensive Borrower Income Verification Program
Fintech News

FormFree and Ocrolus Partner on Comprehensive Borrower Income Verification Program

Fintech News Desk
Partnership gives lenders instantaneous, high-confidence validation of paystubs and W-2s submitted by borrowers in PDF or photo formats FormFree, a leading fintech provider of credit decisioning services, announced a partnership with Ocrolus, a leading fintech infrastructure company that transforms documents into actionable data with over 99% accuracy. FormFree’s Passport™ all-in-one......
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