Patria Bank and R Systems are announcing the implementation of the intelligent document processing solution to support the bank’s digitalization strategy.
In 2021, Patria Bank continues its product and application development strategy for the implementation of innovative solutions that enable fast and secure online banking services.
In the context of this new stage of development, Patria Bank takes an important step into the direction of digital banking services by initiating complete online interactions with the clients. The partnership with R Systems supports the bank’s digitalization strategy through the implementation of intelligent document processing solutions.
The solution developed by R Systems, based on the latest Microsoft Azure technology, allows increased efficiency in the client onboarding process offering quick and effective access to banking services.
As compared with traditional technology, the R Systems solution can reduce by more than 75% the processing time of personal identity documents uploaded by the clients during the online onboarding process and, consequently, reduce their waiting time in the overall service contracting flow. The solution also provides all the advantages of the Microsoft Azure artificial intelligence services in terms of data accuracy and security, as per the strict requirements of personal data processing regulations.