AI-Based Bank Statement Verification Software
Bank Statements and Checks Analysis
Bank Statements and Checks is an AI-based enterprise application that offers a comprehensive set of features to automate the digitization, information extraction, and comprehensive analysis from a variety of bank statements and checks from various national and regional banks and credit unions that occur in diverse formats.

Use Cases
Digitises and reconciles data with bank statements and cheques
Analyzes income vs. expense trends
Alerts the analyst for unusual transactions
Generates “credibility score” for account holder based on the expense behavior
Collatio Serves
Residential
mortgage loans
Home equity
loans
Small & medium
business loans
Loans given
by credit
unions
Commercial real
estate loans
Personal loans
Auto loans
Non-collateralized loans

Collatio®
Automated Bank Statements and Checks Analysis Application to Clear all Hurdles
Bank Statements and Checks by Scry Analytics delivers tremendous gains in productivity and cost reduction while guaranteeing unprecedented levels of accuracy at scale. It is powered by extensive automation that is implemented at each stage of the process.
More DetailCollatio has been built using
the following technologies
-
Bayesian
networks -
Reinforcement
learning -
Generic rule-
based machine
learning -
Heuristic
algorithms -
Reverse
engineering
-
Data mining
-
Big data
integration -
Big data
analytics
Key Differentiators &
Business Benefits
-
User Interface and APIs
Pre-built graphical user interface (GUI) & APIs for quick deployment & integration with clients’ existing workflow
-
Accurate
90%+ accuracy achieved with pre-trained algorithms and domain ontology
-
Efficient
Improved accuracy with up to 85% improvement in time and cost
-
Automated Fraud Detection
Identifies if the document is tempered by analyzing fonts, layouts, and amounts
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Data Enhancement
Data enhancement and reconciliation with using external databases regarding ABA, IFSC, SWIFT, MICR, and related codes
© 2021 Scry Analytics