Cygnet Fintech’s bank statement analyzer powered with automation helps the lending organizations to analyze the bank statements for loan approvals. The solution analysis and auto extracts the data from multiple formats such as PDF, scanned document and more. This tool further generates a consolidated report by merging multiple statements to smoothen the decision making.

Solution workflow

Bank Statement PDF or Scanned

Cygnet Fame BSA

Reports with Following Components:
- Bank statement info
- Fraud check Triggers
- Scoring Details
- EOD Details
- Recurring debits/credits
Features

Automated analysis
Smoothly analyze the bank statements incorporating the most high-level handling method and deciding whether it can be used in practice.

Data accuracy
Inspect varied statements with multiple data points and validations and determine whether the data values contained for an object are valid.

Document bifurcation
Automated classification of bank statements into PDF or scanned formats.

Extraction capabilities
PDF document & scanned document data extraction and analysis along with autodetection of bank name and consolidated report generation by merging multiple statements.

Reporting capability
Enable primary analytics, derivative analytics, content check triggers, account specific analysis, integration capability and more.
FAQ
BSA supports bank statements in every format such as scanned, PDF, csv, xlv and more.
Yes, it does.
Yes, it can be easily integrated with any system.