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Artificial intelligence startup Cinnamon AI begins providing AI-OCR to improve transfer operations at Fukuoka Financial Group

Our company isUtilizing AI-OCRIn order to streamline bank transfer operations, Fukuoka Financial Group Co., Ltd. (Chairman and President: Takanari Shibato, hereinafter,FFG) has started providing services. In the future, we will promote efficiency in banking operations.A.I.We will continue to promote solutions. 

 cinnamonAI provides AI consulting and AI products with the mission of "creating a creative society together with AI" and aiming to innovate our customers' core operations and promote DX. Cinnamon AI has a track record of dealing with over 100 companies, mainly major domestic companies, and its strength is its ability to respond to a wide range of unstructured data utilization, which is the key to promoting DX.In this project, the core AI-OCR engine “Flax Scanner(Flux Scanner)F.G.We are contributing to improving the efficiency of administrative operations. We will continue to provide services that support our customers' growth strategies, mainly in the financial and banking industries. 

 FFGSo, regarding the transfer request form received from the customer at the bank counter,OCRWe have been using the system to improve administrative efficiency, but the system always requires human intervention and cannot be processed automatically. RecentlyFFG uses two or more AI-OCR software to decipher the contents of transfer requests linked from existing exchange systems.``Determine and digitize'' and ``Automatic recognition of forms and minimal human correction time through database linkage and automatic input using RPAWe have put into practical use the technology that makes it possible to (Patent publication: JP 2019-20441) 

Scheme overview  

*FFG isCo., Ltd.FFG Venture Business Partners(Representative Director and President: Satoshi Fukuda) through a fund managed by Cinnamon.A.I.We are investing in. 

 

■Future outlook 

Cinnamon AINow, we will link the Harvest Loop (a loop-type business structure: architecture that automatically accumulates data and leads to sustainable business growth), which we advocate as the core of a company's growth strategy, with the "purpose" of our client companies. provides a competitive advantage to client companies.Draw an AI strategy design and support the sustainable growth of client companiesI'm here. We will continue to support the financial and banking industry in building AI strategies and implementing harvest loops that realize customers' purpose. 

 

[Fukuoka Financial Group Co., Ltd. Company Profile] 

Company name: Fukuoka Financial Group Co., Ltd. 

URL:https://www.fukuoka-fg.com/ 

Location: Otemon 1-chome, Chuo-ku, Fukuoka City, Fukuoka Prefecture8 number 3 

Established:2007Year4Month 

Representative: Takashi Shibato, Representative Director, Chairman and President 

 

[Cinnamon Co., Ltd. Company Profile] 

Company name: Cinnamon Co., Ltd. 

URL:http://www.cinnamon.is 

Location: Toranomon, Minato-ku, Tokyo3-19-13 Spirit Building 6th floor 

Established:October 2016 

Representative: Representative Director and PresidentCEO Mirai Hirano 

Recruitment page (please see here for available positions and how to apply):
http://cinnamon.is/recruiting/

■Business content: Artificial intelligence consulting business, artificial intelligence product business 

cinnamonAI's mission is to "create a world full of creativity with AI," and we are working on developing advanced business AI solutions, and we have a track record of providing them to many major domestic companies. In addition, we have established artificial intelligence laboratories in Vietnam (Hanoi and Ho Chi Minh City) and Taiwan, and have succeeded in recruiting a large number of AI engineers. Recently, in addition to the AI OCR "Flax Scanner," we have begun commercializing the specialized voice recognition technology "Rossa Voice," and have begun selling it mainly to major companies. In addition, with Cinnamon AI, “Digitize”)” Based on three unique research areas: “Structure” and “Understand,” we have a large number of advanced AI algorithms and are developing business AI solutions that utilize industry-specific unstructured data. We continue to do so. 

 

■AI-OCR engine"Overview of “Flax Scanner” 

Most of the business documents used on a daily basis are unstructured and require human effort to incorporate into business systems, resulting in a lot of waste in white-collar work. Cinnamon uses an artificial intelligence document reading engine to fundamentally reform white-collar work. The target documents are:It can handle a variety of documents, including PDFs, Word files, and paper documents such as printed and handwritten documents. Currently, financial/We provide engines to many major companies, including those in the insurance industry.