Category: Text mining

NIBC Case: Performing Analyses Faster through Machine Learning

NIBC Bank and Young Mavericks started a text data mining proof-of-concept at the Agency Management and Operations departments. Text mining is a form of analysis in which relevant information is extracted from large amounts of text material. The solution supports the banks’ employees to provide clients with accurate and relevant information, almost in real-time. By automating document review processes, employees can focus on offering personalized customer services to their clients and leave the routine analyses to machines. The application is ready for implementation.

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