Photon Commerce, the leader in artificial intelligence for fintech, today announced a strategic collaboration with Identifee, the connected platform for financial services, to enable banks to instantly digitize, analyze and deliver insights from PDF and paper statements.
With this new partnership, Identifee will embed Photon Commerce’s natural language AI API into its platform, allowing financial services organizations to create client specific insights from competitor statements within seconds with 99.9% accuracy.
“We’re thrilled to partner with Photon Commerce,” says Vram Ismailyan, Co-Founder and CSO of Identifee. “This joint solution will unlock additional revenue opportunities for financial services organizations by creating client specific insights using competitor statements.”
“Unlocking intelligence from financial statements at scale sheds visibility into new revenue opportunities for both merchants and banks,” says Michael Young, Founder and CEO of Photon Commerce. “This joint solution enables financial services teams to process and analyze hundreds of thousands of statements within hours – a process that previously would take months. I’m excited to be collaborating with Identifee on this exciting opportunity as we continue to empower financial services organizations with cutting-edge artificial intelligence tools.”
Photon Commerce’s Artificial Intelligence captures, understands, and standardizes any invoice or statement from around the world, providing financial institutions visibility into what customers buy. Its natural language processing service, available as an API, automatically categorizes transactions and itemized data.
Identifee is a new breed of software that performs the tasks of multiple, segmented systems. Purpose-built for financial services, its primary objective is to enable organizations to have actionable, data-driven conversations with their clients through their connected, digital platform.
One of the core pillars of Identifee is its Business Intelligence. Rather than spending hours to configure a BI solution or hire a consultant to provide actionable insights to your team, Identifee insights are turnkey, and focus on the “so what.”
Source: Company Press Release
