{"id":534,"date":"2021-09-27T16:00:50","date_gmt":"2021-09-27T07:00:50","guid":{"rendered":"https:\/\/cinnamon.ai\/new-cinnamon\/news\/20210927_ffg"},"modified":"2023-12-22T17:06:37","modified_gmt":"2023-12-22T08:06:37","slug":"20210927_ffg","status":"publish","type":"news","link":"https:\/\/cinnamon.ai\/en\/news\/20210927_ffg\/","title":{"rendered":"Artificial intelligence startup Cinnamon AI begins providing AI-OCR to improve transfer operations at Fukuoka Financial Group"},"content":{"rendered":"<p><span data-contrast=\"none\">Our company is<\/span><span data-contrast=\"none\">Utilizing AI-OCR<\/span><span data-contrast=\"none\">In order to streamline bank transfer operations, Fukuoka Financial Group Co., Ltd. (Chairman and President: Takanari Shibato, hereinafter,<\/span><span data-contrast=\"none\">FFG<\/span><span data-contrast=\"none\">) has started providing services. In the future, we will promote efficiency in banking operations.<\/span><span data-contrast=\"none\">A.I.<\/span><span data-contrast=\"none\">We will continue to promote solutions.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><span data-contrast=\"none\">cinnamon<\/span><span data-contrast=\"none\">AI provides AI consulting and AI products with the mission of &quot;creating a creative society together with AI&quot; and aiming to innovate our customers&#039; 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.<\/span><span data-contrast=\"none\">In this project, the core AI-OCR engine \u201cF<\/span><span data-contrast=\"none\">lax Scanner(<\/span><span data-contrast=\"none\">Flux Scanner)<\/span><span data-contrast=\"none\">F.G.<\/span><span data-contrast=\"none\">We are contributing to improving the efficiency of administrative operations. We will continue to provide services that support our customers&#039; growth strategies, mainly in the financial and banking industries.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><span data-contrast=\"none\">FFG<\/span><span data-contrast=\"none\">So, regarding the transfer request form received from the customer at the bank counter,<\/span><span data-contrast=\"none\">OCR<\/span><span data-contrast=\"none\">We have been using the system to improve administrative efficiency, but the system always requires human intervention and cannot be processed automatically. Recently<\/span><span data-contrast=\"none\">FFG uses two or more AI-OCR software to decipher the contents of transfer requests linked from existing exchange systems.<\/span><span data-contrast=\"none\">``Determine and digitize&#039;&#039; and ``<\/span><span data-contrast=\"none\">Automatic recognition of forms and minimal human correction time through database linkage and automatic input using RPA<\/span><span data-contrast=\"none\">We have put into practical use the technology that makes it possible to (Patent publication: JP 2019-20441)<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">\u25a0<\/span><span data-contrast=\"none\">Scheme overview\u00a0<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-1722\" src=\"https:\/\/cinnamon.ai\/new-cinnamon\/wp-uploads\/2021\/09\/20210927_FFG.jpg\" alt=\"\" \/><\/p>\n<p><span data-contrast=\"none\">*<\/span><span data-contrast=\"none\">FFG is<\/span><span data-contrast=\"none\">Co., Ltd.<\/span><span data-contrast=\"none\">FFG Venture Business Partners<\/span><span data-contrast=\"none\">(Representative Director and President: Satoshi Fukuda) through a fund managed by Cinnamon.<\/span><span data-contrast=\"none\">A.I.<\/span><span data-contrast=\"none\">We are investing in.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">\u25a0Future outlook<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Cinnamon A<\/span><span data-contrast=\"none\">I<\/span><span data-contrast=\"none\">Now, 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&#039;s growth strategy, with the &quot;purpose&quot; of our client companies. provides a competitive advantage to client companies.<\/span><span data-contrast=\"none\">Draw an AI strategy design and support the sustainable growth of client companies<\/span><span data-contrast=\"none\">I&#039;m here. We will continue to support the financial and banking industry in building AI strategies and implementing harvest loops that realize customers&#039; purpose.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Fukuoka Financial Group Co., Ltd. Company Profile]<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Company name: Fukuoka Financial Group Co., Ltd.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">URL:<\/span><span data-contrast=\"none\">https:\/\/www.fukuoka-fg.com\/<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Location: Otemon 1-chome, Chuo-ku, Fukuoka City, Fukuoka Prefecture<\/span><span data-contrast=\"none\">8 number 3<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Established:<\/span><span data-contrast=\"none\">2007<\/span><span data-contrast=\"none\">Year<\/span><span data-contrast=\"none\">4<\/span><span data-contrast=\"none\">Month<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Representative: Takashi Shibato, Representative Director, Chairman and President<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Cinnamon Co., Ltd. Company Profile]<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Company name: Cinnamon Co., Ltd.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">URL:<\/span><span data-contrast=\"none\">http:\/\/www.cinnamon.is<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Location: Toranomon, Minato-ku, Tokyo<\/span><span data-contrast=\"none\">3-19-13 Spirit Building 6th floor<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Established:<\/span><span data-contrast=\"none\">October 2016<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Representative: Representative Director and President<\/span><span data-contrast=\"none\">CEO Mirai Hirano<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p>Recruitment page (please see here for available positions and how to apply):<br \/>\nhttp:\/\/cinnamon.is\/recruiting\/<\/p>\n<p><span data-contrast=\"none\">\u25a0Business content: Artificial intelligence consulting business, artificial intelligence product business<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">cinnamon<\/span><span data-contrast=\"none\">AI&#039;s mission is to &quot;create a world full of creativity with AI,&quot; 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 &quot;Flax Scanner,&quot; we have begun commercializing the specialized voice recognition technology &quot;Rossa Voice,&quot; and have begun selling it mainly to major companies. In addition, with Cinnamon AI, \u201cDigitize\u201d<\/span><span data-contrast=\"none\">)\u201d<\/span><span data-contrast=\"none\">\u00a0Based on three unique research areas: \u201cStructure\u201d and \u201cUnderstand,\u201d 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.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">\u25a0AI-OCR engine<\/span><span data-contrast=\"none\">&quot;<\/span><span data-contrast=\"none\">Overview of \u201cFlax Scanner\u201d<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">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:<\/span><span data-contrast=\"none\">It can handle a variety of documents, including PDFs, Word files, and paper documents such as printed and handwritten documents. Currently, financial\/<\/span><span data-contrast=\"none\">We provide engines to many major companies, including those in the insurance industry.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>We have begun providing services to Fukuoka Financial Group, Inc. (Chairman and President: Takashige Shibato, hereinafter referred to as FFG) to improve the efficiency of bank transfer operations using AI-OCR. Going forward, we will provide AI solutions that promote the efficiency of banking operations [\u2026]<\/p>","protected":false},"template":"","news-cat":[79,27],"news-tag":[],"class_list":["post-534","news","type-news","status-publish","hentry","news-cat-79","news-cat-press"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cinnamon.ai\/en\/wp-json\/wp\/v2\/news\/534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cinnamon.ai\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/cinnamon.ai\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:attachment":[{"href":"https:\/\/cinnamon.ai\/en\/wp-json\/wp\/v2\/media?parent=534"}],"wp:term":[{"taxonomy":"news-cat","embeddable":true,"href":"https:\/\/cinnamon.ai\/en\/wp-json\/wp\/v2\/news-cat?post=534"},{"taxonomy":"news-tag","embeddable":true,"href":"https:\/\/cinnamon.ai\/en\/wp-json\/wp\/v2\/news-tag?post=534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}