This whitepaper highlights how computer vision is transforming banking, financial services, and insurance by enhancing security, customer experience, and operational efficiency. Applications include fraud prevention through facial recognition, faster KYC and onboarding with automated identity verification, and improved in-branch services using sentiment and behavior analysis. In commercial banking, computer vision outperforms traditional OCR in extracting data from diverse documents, while insurers leverage it for property assessments, underwriting, and claims evaluation. With AI-driven accuracy and scalability, computer vision offers BFSI firms powerful tools to optimize processes, reduce costs, and strengthen customer trust.

Join for free to read