Search

SG-based fintech company AND Global to advance financial process in PH with latest software launch

by

Azunta Gaviola

-

5 months ago

Are you ready to unlock the secrets to skyrocketing your e-commerce business in the hearts of Southeast Asia’s e-commerce hub? The ‘E-Commerce Marketing Series 2024’ conferences are coming to Malaysia and the Philippines starting this July! Click here to find out more!

Philippines – AND Global, a Singapore-based fintech company, has recently announced the inaugural of its latest intelligent document processing software, aiming to advance financial processes among businesses across the Philippines.

Called mindox, this product will allow financial institutions to adopt advanced intelligent document processing, giving organisations an opportunity to transform how they manage and extract insights from reports, texts, forms, and financial documents.

The solution also employs optical character recognition (OCR), a feature that reads text within a digital image, and natural language processing (NLP), an AI technique that allows computers to understand, generate, and manipulate human language.

These technologies enable the mindox system to interpret various document formats and complex financial documents, as well as extract essential data points and understand context effectively. 

Furthermore, they also allow mindox to automate loan applications, leading to substantial reductions in processing times. The technology incorporates machine learning (ML) and intelligent automation to enhance its performance with each interaction, gradually eliminating errors over time.

In terms of banking systems and third-party applications, the solution also offers API support, which enables seamless integration with the existing aforementioned financial systems. This further elevates efficiency and security in daily operations while also ensuring accuracy and speed.

Speaking about the launch, Khos-Erdene Baatarkhuu, CEO at AND Global, shared, “There is growing demand for intelligent document processing platforms, and at AND Global, we are delighted to deliver this cutting-edge technology in the financial industry across the Philippines.”

“mindox facilitates deeper and more interactive engagement with financial data, streamlining decision-making and overall day-to-day operations. We believe documents can become intelligent companions in the pursuit of efficiency, and mindox can be a significant ally to financial institutions,” concluded Khos-Erdene.

Meanwhile, as part of its expansion plans, mindox adheres to ISO27001 and GDPR regulatory standards, ensuring compliance with data security and privacy requirements.

Discover the current trends in business communication based on over 473 billion interactions. Download the free report here to stay ahead of the curve in messaging trends!
Experience history at MARKETECH APAC’s ‘Marketing Technology Awards 2024! On November 28, live in Singapore, celebrate visionaries shaping Asia-Pacific’s marketing tech across 45 categories. Join us in honouring innovation and excellence! Click here to learn more.

 

Share

RECENT ARTICLES

Progress unveils new capabilities of LoadMaster 360 to help organisations secure web applications
NetApp to boost scalability, performance for strategic cloud workloads with expanded capabilities
NCS introduces suite of AI, digital resilience solutions to boost tech adoption
CelcomDigi’s new AI experience centre to drive digital transformation, accelerate development using emerging tech
Email security awareness in SEA soars the highest amongst developing regions at 43.2%: report
Ellipse 3

RELATED ARTICLES

Progress unveils new capabilities of LoadMaster 360 to help organisations secure web applications_11zon
NetApp to boost scalability, performance for strategic cloud workloads with expanded capabilities_11zon
NCS introduces suite of AI, digital resilience solutions to boost tech adoption_11zon
Ellipse 3

FEATURED ARTICLES

Progress unveils new capabilities of LoadMaster 360 to help organisations secure web applications_11zon
NetApp to boost scalability, performance for strategic cloud workloads with expanded capabilities_11zon
NCS introduces suite of AI, digital resilience solutions to boost tech adoption_11zon

Subscribe to UpTech Media Newsletter

Video Title Here: The Indonesian on-ground activation status

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos.

Video Title Here: The Indonesian on-ground activation status

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos.

Video Title Here: The Indonesian on-ground activation status

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos.