ACCELERATING THE SPEED OF TRUST
what we do
lower overhead, reduce risk, improve consistency
The Micah Group is a financial technology firm that leverages Machine Learning (Artificial Intelligence), Optical Character Recognition (OCR), and Text Analytics in the commercial loan process. This results in accelerating the speed of trust between banks and businesses so both enjoy a faster yes or no. The Micah Group has developed an artificial intelligence-based software that automates the commercial loan underwriting and review process to improve accuracy, reduce decision timetables, and enhance borrower experience. It's time to welcome machine learning to your commercial banking.
how we do it
Flip each card and learn how Micah changes the commercial loan experience.
Extracts
Micah ingests and extracts the data required for spreading from scanned borrower tax documents, consolidated financials, and personal financial statements (PFS) using ocular character recognition (OCR) technology.
Organizes
Micah uses natural language processing (NLP) to categorize, audit, and organize data extracted from loan documents.
Teaches
Micah uses Machine Learning to teach itself to become more efficient at extracting, organizing, and evaluating data within thresholds of your guidelines, becoming smarter with the more loans processed through the system.
Narrates
Micah uses its knowledge to author a narrative to the numbers that may be used as a loan memo to make lending decisions.