October 27, 2021
We understand that data retrieval is an essential process to enrich your credit scoring model. We also recognize your need to retrieve clean and uniformed users’ financial data to be used in your models without having to conduct more manual work.
However, this process can be difficult when a significant portion of your users does not own any internet banking account.
But no worries! This is where our new bank statement OCR comes in. With our latest release, users can scan their bank statements or bank books and we'll digitize them for you.
What is an OCR? Optical character recognition or optical character reader (OCR) is the electronic or mechanical conversion of images of typed, handwritten or printed text into machine-encoded text.
With our bank statement OCR, you can simplify the user journey without having to do the heavy lifting on your part. Users can upload a PDF statement or their bank passbook. We will process and digitize the picture and provide you with the output data in JSON or CSV format, just like the one we provide with internet banking connection. You can then use the data and process them with your existing models.
Our OCR technology is well trained and is optimized for retrieving PDF statements and passbooks of the top 4 banks in Indonesia.
Expand into new markets without having to worry about inconsistent data retrieval processes. Contact our friendly sales team to book a demo or explore our full capabilities by signing up for a sandbox account now.
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