ABBYY Unveils New SDK for Mobile Web Capture

Content IQ technology solution provider ABBYY has launched a new SDK that gives developers the ability to add real-time image and data capture to their mobile onboarding process. ABBYY Mobile Web Capture, available on both iOS and Android, makes it easier for institutions to leverage the popularity of the mobile channel while eliminating one of its main pain points – manual data entry.

Once integrated, the technology enables a faster, smoother onboarding process by letting new customers photograph required documents for account opening. The SDK leverages the web browser on the mobile device to capture high-quality, text recognition ready, images in real time. Mobile Web Capture helps lower error rates while making the data delivery process less of a hassle for the user.

SVP for Product Marketing at ABBYY Bruce Orcutt added a streamlined customer journey, greater profitability, and market differentiation as further reasons why companies can benefit from the new SDK. “The new devkit closes the gap in mobile onboarding for enterprises, providing the same experience as a native app, without the need to install one,” Orcutt explained.

ABBYY provides a wide range of AI-based solutions that help businesses better understand, manage, and act on enterprise data. The company is a specialist in Content IQ, a new kind of enabling technology that helps businesses maximize their digital transformation by empowering digital workers to transform unstructured content into actionable information. This technology has been deployed to complement intelligent automation platforms like robotic process automation (RPA) and business process management (BPM). In fact, the company notes that more than one-third of the Forbes 100 companies that are engaged in RPA for intelligent automation use ABBYY’s solutions and services.

ABBYY participated in our developers conference FinDEVr SiliconValley 2016, presenting How Machine Learning and Artificial Intelligence are Creating New Revenue with Mobile Solutions. The company showed how new technologies like machine learning and AI are being used to provide real-time mobile data recognition and capture.

A global corporation with offices in 11 countries including Germany, Russia, and the United States, ABBYY was founded in 1989 by David Yang and Dean Tang. Last month, the company announced that it had strengthened its technology partnership with intelligent information management firm, M-Files. Also in May, ABBYY unveiled its FineScanner AI, an AI-enabled mobile scanner that leverages neural networks to sort and find text recognition worthy images.

Finovate Alumni News

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  • ABBYY Unveils New SDK for Mobile Web Capture.

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FinDEVr Preview: ABBYY

FinDEVrSV16-withdateFinDEVr Previews highlight companies presenting new developer tools, platforms, and integrations at FinDEVr Silicon Valley 2016, 18/19 Oct. Tickets are on sale now. Visit our registration page and save your spot today.

ABBYY will be demonstrating its new mobile capture and cloud-ready technologies that help transform static information contained within paper receipts and electronic documents into actionable customer intelligence. This data can be used for purchase analytics, loyalty programs, new customer-service offerings, and expense-management applications.

abbyy_homepage_october2016

Why it’s a must-see
See how machine learning and AI provide the opportunity to unlock captured data and build customer intelligence. ABBYY’s technologies not only capture receipt data, but also help optimize mortgage processing, new account openings, accounts payable/receivable, proof of identity, and proof-of-income solutions for leading financial institutions on 100M devices.


Check out more of today’s FinDEVr Previews

Finovate Alumni News

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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.