Category: Resources

Uhura Solutions named a Major Player in the latest contract intelligence report: The Impact of New Technology on the Contract Intelligence Market

Uhura Solutions has been recognized as a major player in the latest report on the impact of new technology on the contract intelligence market. The report, titled “The Impact of New Technology on the Contract Intelligence Market: An Expert Perspective (2023-2029)”, provides a comprehensive analysis of the market and its key players. The report highlights […]

How Artificial Intelligence is Revolutionising Mortgage Document Processing

In fast-paced, highly regulated areas like mortgaging, it’s crucial to find ways to streamline tasks without compromising accuracy or regulatory standards. In this article, we’ll look at how machine learning is becoming a game changer in the mortgage document processing space.  With the growing complexity of mortgage loans and an increasing number of document types, […]

Artificial intelligence creates new KYC profiling standard

KYC is at the forefront of multiple industries and is a key regulatory requirement across the globe. The inability to prove the relevant checks have been performed is not only a mandatory requirement but the punitive financial implications are extraordinary from not only a financial crime, fraud but increasingly from a regulatory punishment perspective. Could […]

Artificial Intelligence Transforms the Financial Services Industry

What has caused the AI boom in financial services to happen?  AI has progressed from a popular theme in novels to a genuine reality. In fact, many economies around the world are benefitting greatly from AI’s presence. However, one sector that has seen particularly significant growth and advantages is the financial services industry.  With the […]

McKinsey: Applied AI Is a Top Tech Trend in 2022

A new report released by McKinsey identified Applied AI as one of the 14 significant technology trends unfolding today, with an investment of $165 billion made in 2021. McKinsey’s findings were outlined in the “McKinsey Technology Trends Outlook 2022” report, with investments in Applied AI outstripped only by clean energy, Web3 technologies, and mobility. Key highlights: […]

Automate Everything. Automation for Everyone. Automation Anywhere.

  The rise of business process automation (BPA) has become very important to productivity improvement across the board. Why is automation such a vital next step? Today, it has become commonplace for businesses to look to do more with less. Working smarter, not harder, is the common phrase we hear today. And how do you […]

Global AI in banking market to reach $64.03 billion by 2030

Increase in investment by banking companies in AI and machine learning solutions, rise in preference for personalized financial services, and surge in collaboration between financial institutes and AI solution company fuel the growth of the global AI in banking market. As per the report published by Allied Market Research, the global AI in banking market […]

Uhura Solutions achieves ISO/IEC 27001:2013 certification

Uhura Solutions, a low-code contract intelligence platform, has achieved ISO/IEC 27001:2013 certification for meeting the highest international standards of information security management systems.The ISO/IEC 27001:2013 is the globally recognised standard for establishing, implementing, operating, monitoring, maintaining, and improving an ISMS, developed by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). It […]

Gartner forecasts worldwide AI software market to reach $62 billion in 2022

The analyst firm Gartner has said that artificial intelligence software will make up $62.5 billion in revenue in 2022, rising by more than a fifth (21.3%) compared to 2021. Enterprises will most likely spend the majority of this money on knowledge management, virtual assistants, autonomous vehicles, digital workplaces and crowdsourced data. Knowledge Management is expected […]