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Address
Automate address verification with AI by extracting and validating address information from any document
Retrieve structured address data and quickly perform address verification on any document, no matter the language or format.
Lenders rely on a variety of documents to validate addresses and meet Know Your Customer (KYC) requirements. Our advanced address verification solution recognizes a wide range of document types, ensuring you can easily extract the information you need. Complete all address verification related tasks in minutes.
Analyze multiple documents and automate address verification
Our Human-in-the-Loop address verification solution understands hundreds of document types, including driver’s licenses, bank statements, tax forms, and utility bills.
Eliminate manual address data entry and review
Automate inefficient manual data entry and review for borrower addresses, speeding up document processing times from hours to minutes while improving accuracy. Ocrolus clients achieve a significant reduction in operational costs and management effort with our automated address verification solution.
Focus on your core business while we handle address verification
Our Human-in-the-Loop document processing combines advanced machine learning with high-precision quality controls. That means your team doesn’t need to spend precious time on custom template development or ongoing maintenance. Ocrolus powers faster time-to-decisions, freeing up your resources to work on more strategic tasks.
Ocrolus technology elevated our bank statement analysis capabilities to the next level.”
Frequently Asked Questions
Address verification is a process lenders use to verify the accuracy of location data of an applicant. This process helps to detect potentially fraudulent activity.
Our Human-in-the-Loop document processing combines advanced machine learning with high-precision quality controls to automate the address verification process with extrenely high levels of accuracy. Our address verification solution recognizes a wide range of document types, ensuring you can easily extract the information you need and complete all address-related tasks in minutes.
Ocrolus can provide address verification on hundreds of types of documents such as a driver’s license, passport, utility bill, tax form, bank statement, and others.
Yes, Ocrolus can provide address verification for utility bills and many other types of documents.