Building intelligent solutions with AI services
AI services can be used for building different intelligent solutions. To determine if you can use an AI service for your use case, you must identify the business and ML requirements, then evaluate if an AI service offers the functional and non-functional capabilities you are looking for. In this section, we will present several business use cases and architecture patterns that incorporate AI services.
Automating loan document verification and data extraction
When we apply for a loan from a bank, we need to provide the bank with physical copies of documentation such as tax returns, pay stubs, bank statements, and photo IDs. Upon receiving those documents, the bank needs to verify these documents and enter the information from these documents into loan application systems for further processing. At the time of writing, many banks still perform this verification and data extraction process manually, which is time-consuming and error...
