Part II: Robots are reading receipts! And everything else you need to know about deep learning

In Part 1 of this machine learning series, I explained how Sensibill is applying deep learning techniques to read and understand the information presented on a receipt. In Part 2, I’m going to cover the actual architecture of our machine, and explain how Recurrent Neural Networks (RNNs) work. In particular, I want to introduce a type of RNN:…

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Part I: Robots are reading receipts! And everything else you need to know about deep learning

If you’re new to machine learning, interested in working at a machine learning startup, or just want to know more about Sensibill’s tech, then this post is for you. In this two-part series, I’m going to break down how machine learning works, why Sensibill cares to use it to process receipts, and how it’s going to…

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Functional release update: Multilingual, you?

As we grow our solution into banks around the world, we’re constantly optimizing our tech to keep up. In this post, our AI and Research Lead, Kollol Das, shares how the Machine Learning team is taking on the challenge.

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Making Tax Digital: Getting in the habit of digital receipt management

Between the buzz of GDPR, Open Banking, and PSD2, it’s easy to lose track of yet another regulatory change, but HMRC’s Making Tax Digital is poised to radically change tax season for people and businesses across the UK. While Making Tax Digital should streamline the reporting process and eliminate the stress of annual tax seasons…

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Sensibill’s Receipts solution expands to the U.S. with Quontic Bank partnership

Quontic Bank is the first community bank in the U.S. to launch Sensibill’s Digital Receipts capabilities, thanks to their partnership with global financial services provider, FIS.

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RBS pilots digital receipts solution with small business banking customers

Download the case study.  47% of small business banking customers say they would switch banks if better mobile services were offered elsewhere. Executive Summary  This case study explores the pain points faced by small-to-medium sized enterprises (SMEs), and how banks can help meet their needs. In particular, small business owners felt that their bank could help them…

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How banks can boost purchase volume on their credit cards with digital receipts

Unlike most lines of business at the bank, the cards division doesn’t have much latitude when it comes to hitting ROI targets. Your revenues depend almost entirely on net interest, interchange fees, and late fees. Customers are segmented in Cartesian categories based on spend (high, low) and payment behaviour (before due date, after due date,…

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How digital receipts can drive personalization for banks

This is a syndicated post. You can find my original post on LinkedIn 2016-11-29 43% of customers believe their primary bank does not understand their needs. (Cisco, 2016) We’ve all come home to stuffed mailboxes filled with offerings for a card we already have, or for a mortgage we don’t need. At best, people toss the mail in…

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