Ocrolus and Blend, a leader in cloud banking software, today announced a strategic partnership which will embed Ocrolus' Human-in-the-Loop (HITL) document analysis solution within the Blend platform to accelerate digital mortgage applications. The partnership will focus on document automation, initially on classifying documents and capturing data for mortgage applications and potentially extending into other business areas in the future.
"Blend is simplifying and streamlining the lending experience for consumers and bankers alike," said Jeff Braddock, manager of business development at Blend. "We're enhancing the Blend platform with Ocrolus' automated, accurate document classification and data extraction capabilities. Our partnership with Ocrolus enables us to swiftly deliver time-saving innovations to our customers."