Easy Travel Expense Reporting with Navan and Veryfi May 12, 2023 - Traveling for business can be both enjoyable and productive, but the hassle of manually entering travel expenses can put a damper on the experience. In this light-hearted and entertaining demo that was featured live on stage at Money 20/20 in 2022, Navan (formerly Trip Actions) and Veryfi showcase how their innovative solutions can eliminate the […]
Transform Your Accounts Payable: How AI-Powered OCR Eliminates Manual Invoice Processing November 26, 2025 - Manual invoice processing costs businesses more than just time, it drains resources, introduces errors, and creates bottlenecks that slow down your entire financial operation. As companies shift toward digital transformation, accounts payable automation has become essential for staying competitive. Here’s how intelligent document processing technology can revolutionize your AP workflows. The Hidden Costs of Manual […]
Veryfi’s AI-Powered Identity Verification: Detecting Fraudulent Passports and IDs in Real-Time November 21, 2025 - The Growing Threat of Document Fraud Here’s something that should keep you up at night: creating a fake passport used to require serious criminal connections and specialized equipment. Now? A laptop and fifteen bucks will do it. AI-powered fraud platforms have made document forgery accessible to basically anyone with internet access and bad intentions. If […]
Healthcare Claims Processing: How to Cut 82% of Processing Time While Staying HIPAA Compliant November 19, 2025 - Healthcare professionals face an overwhelming administrative burden. For every hour physicians spend with patients, they dedicate nearly two additional hours to administrative tasks (Annals of Internal Medicine). Processing insurance claims, managing patient records, and ensuring compliance with industry regulations consume valuable time that should be spent on patient care. Claims adjudication costs healthcare providers more […]
PHP SDK Guide to Veryfi API November 17, 2025 - Welcome to Veryfi’s PHP SDK. This module provides helper functions to build AI-powered document processing tools that extract and enrich data into structured JSON—reducing manual entry, accelerating workflows, and improving accuracy. This guide assumes you have Veryfi portal credentials (free to sign up) and basic PHP coding experience. If you’re new to Veryfi, check out […]
From 6 Months to 6 Days: Why Veryfi Outperforms Custom Document AI Builds November 14, 2025 - From 6 Months to 6 Days: Why Veryfi Outperforms Custom Document AI Builds Building your own document AI solution sounds appealing. You control the technology, customize features, and avoid vendor dependency. However, recent MIT research reveals a different story: enterprises building their own tools consistently struggle, while purchased solutions deliver more reliable results. At Veryfi, […]
Detecting Fake Financial Documents: AI-Powered Fraud Prevention for Fintech November 6, 2025 - Digital onboarding and verification workflows have become central to fintech operations, whether for lending, payments, onboarding, or KYC/AML checks. Recently, as more financial institutions move to loan format, “buy now pay later”, marketplace payouts, and digital banking, they rely heavily on uploaded documents like bank statements, pay stubs, invoices, and identity proof. As a result, the […]
From Receipt to Reimbursement: End-to-End Expense Management Workflow with Veryfi’s APIs November 5, 2025 - Expense management has come a long way from paper receipts and spreadsheet uploads. In 2025, automation is redefining how companies track, approve, and reimburse spending. The shift is powered by APIs, modular building blocks that let developers create secure, intelligent expense management systems with minimal friction. At Veryfi, we designed our document capture and multimodal […]
Settings Explained: Veryfi’s Expense App October 31, 2025 - Veryfi Receipts OCR & Expenses App is an app that’s as old as Veryfi – it was the 1st product we at Veryfi built to bring AI to the world of expense management and automate away the data entry for good. The camera technology called Lens was born from this gem and so was the AI that powers receipt data […]
The Rise of AI-Generated Fraud: How Businesses Can Protect Themselves with Intelligent Detection October 30, 2025 - Gone are the days when expense fraud required sketchy eBay purchases of blank cab receipts or advanced Photoshop skills. Today, employees can generate convincing fake receipts in seconds with a simple text prompt. The numbers tell a sobering story: AI-generated documents are rapidly becoming one of the most pressing challenges facing finance teams worldwide. The […]
The Evolution of Document AI: How Machine Learning Is Transforming Financial Document Processing October 28, 2025 - 1. From OCR to ICR to Document AI: Finance’s Next Revolution Financial services have always been document-heavy. Invoices, receipts, bank statements, contracts, and audit trails define the industry’s daily motion. For decades, Optical Character Recognition (OCR) served as the backbone of digitization, useful, but fragile. OCR could read printed text but collapsed under handwriting, noise, […]