Fraudulent Statements
Difficulty in detecting increasingly sophisticated forgeries and subtle inconsistencies in manipulated bank statements.
Inefficient Data Handling
Time-consuming and error-prone manual extraction, standardization & interpretation of data from inconsistent statement formats & high transaction volumes.
Scalability and Cost
The manual process is slow, expensive to scale, and prone to human error, hindering efficient loan processing and growth.
Fraudulent Statements
Difficulty in detecting increasingly sophisticated forgeries and subtle inconsistencies in manipulated bank statements.
Inefficient Data Handling
Time-consuming and error-prone manual extraction, standardization & interpretation of data from inconsistent statement formats & high transaction volumes.
Scalability and Cost
The manual process is slow, expensive to scale, and prone to human error, hindering efficient loan processing and growth.
