“While providing both on-premises and private cloud deployments, Cleareye.ai utilizes Azure services to help secure its customer data, simplify the PPP process and differentiate the customer experience. Azure Cognitive Services and its Computer Vision OCR powers the solution’s ability to manage risk and regulatory compliance, and optimize financial crime prevention. With Microsoft as its technology…
Tag: PPP
Virtual Tellers And Workhorse ATMs: Banking’s New (Digital-First) Normal
“Smaller banks and credit unions, said Brown, are cementing the bonds that have been shaped with small business clients forged over decades. It’s no secret that the rocky start of the Small Business Administration’s PPP has shown the value that lies with the personal touch. 20 percent of PPP loans offered by these smaller FIs…
OakNorth: The Agile Bank Getting Money To Small Businesses In The Coronavirus Crisis
“The first step OakNorth Bank took when the Coronavirus began to appear in the U.K. was to review its entire loan book and run reverse stress tests to determine which of the businesses in its portfolio were the most vulnerable. Instead of making assumptions about entire sectors, it assessed the risk of each individual business…