Fintract and fino start partnership with Konfuzio

It is with great pleasure that Helm & Nagel GmbH, the producer of the AI software Konfuzio, and the two leading FinTech companies fino and the product Fintract announce their new strategic partnership. This collaboration marks a significant milestone on the road to digital transformation in the financial sector.

At the heart of the partnership is a shared vision to fundamentally improve the efficiency and accuracy of financial processes. With the help of Konfuzio, existing work processes can be optimized through the use of automated digital processes, facilitating the transition from the use of physical and digital documents to fully automated solutions.

Initially, this ambitious initiative will be implemented in digitally advanced financial institutions, with the lessons learned being applied to other institutions. The project utilizes a range of technologies, including Optical Character Recognition (OCR), Intelligent Character Recognition (ICR) and Optical Mark Recognition (OMR), to ensure accurate and efficient data extraction.

In partnership with Konfuzio, we strengthen our position and show that we are ready to shape the digital future.

Florian Christ, CEO of the fino Group

The digitization of financial processes is an important step towards improving efficiency and service quality in the financial sector. We are proud to work with fino to drive this transformation and make a significant contribution to the modernization of our financial infrastructures.

With this innovative partnership, fino and Konfuzio are setting new standards in intelligent automation and drive digitization in the financial sector forward. They are thus taking an important step towards a digital future characterized by efficiency, user-friendliness and sustainability.

You read an auto-translated version of the original German post.

About fino

fino is a leading FinTech company specializing in solutions for the banking and finance sector. With innovative products and services, fino helps financial institutions digitize and optimize their processes to work more efficiently, make better decisions and increase productivity.

About Fintract

Fintract, as a neologism of fino data extraction, is a technology-driven SaaS solution that provides specialized software solutions for the Financial sector developed. Through the use of artificial intelligence and machine learning, Fintract enables precise and efficient data extraction, which significantly increases the efficiency of financial processes.

About Konfuzio

Konfuzio, an AI core technology from Helm & Nagel GmbH, is an advanced AI-based service for automating document handling processes. Konfuzio revolutionizes the way financial institutions and other organizations handle large volumes of documents and data, increasing productivity and reducing costs.

About Helm & Nagel GmbH

Helm & Nagel GmbH is a technology company specializing in the development of AI-based solutions for process automation. With Konfuzio, Helm & Nagel has achieved a leading position in the field of intelligent automation software.

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