1 00:00:00.225 --> 00:00:03.605 Here's the latest from D Banked News In the realm 2 00:00:03.605 --> 00:00:04.685 of legal agreements, 3 00:00:04.775 --> 00:00:08.805 leveraging intelligent AI models like ROC four can provide a 4 00:00:08.805 --> 00:00:11.965 preliminary review of ISO agreements by 5 00:00:12.725 --> 00:00:14.445 identifying potential loopholes 6 00:00:14.445 --> 00:00:17.165 and protections that might not be immediately obvious, 7 00:00:17.435 --> 00:00:20.645 even suggesting operational improvements such 8 00:00:20.645 --> 00:00:24.045 as watermarking documents and diversifying funders. 9 00:00:24.475 --> 00:00:28.045 However, while AI can offer valuable insights, 10 00:00:28.185 --> 00:00:31.525 it remains crucial to engage a professional attorney 11 00:00:31.665 --> 00:00:34.325 for a thorough and legally binding assessment 12 00:00:34.665 --> 00:00:35.805 of these agreements. 13 00:00:36.235 --> 00:00:40.805 Meanwhile, Heron a startup focused on automating document 14 00:00:40.805 --> 00:00:43.845 heavy workflows in industries such as insurance 15 00:00:43.945 --> 00:00:48.725 and lending has secured $16 million in Series A funding 16 00:00:48.875 --> 00:00:52.845 from Insight Partners to expand its AI driven solutions. 17 00:00:53.835 --> 00:00:57.605 Heron's technology aims to enhance efficiency 18 00:00:58.065 --> 00:01:01.725 by automating repetitive tasks, allowing businesses 19 00:01:01.745 --> 00:01:05.525 to focus on more complex judgment based work, 20 00:01:05.935 --> 00:01:09.165 which has attracted over 150 clients, 21 00:01:09.355 --> 00:01:11.405 including insurance carriers 22 00:01:11.405 --> 00:01:15.525 and banks, significantly reducing processing times 23 00:01:16.065 --> 00:01:18.925 and improving operational accuracy. 24 00:01:19.675 --> 00:01:24.045 Heron's recent funding round will facilitate its expansion 25 00:01:24.315 --> 00:01:27.965 into new verticals and the growth of its engineering 26 00:01:27.985 --> 00:01:32.285 and go to market teams further solidifying its presence in 27 00:01:32.285 --> 00:01:34.485 the insurance equipment finance 28 00:01:35.025 --> 00:01:37.285 and SMB lending sectors. 29 00:01:37.745 --> 00:01:39.085 The company is committed 30 00:01:39.085 --> 00:01:42.485 to transforming traditional business processes 31 00:01:42.985 --> 00:01:46.605 by turning unstructured data into structured, 32 00:01:46.815 --> 00:01:49.685 actionable information, ultimately helping 33 00:01:50.245 --> 00:01:53.085 companies process information more efficiently 34 00:01:53.505 --> 00:01:56.005 and accurately with less manual effort. 35 00:01:56.425 --> 00:01:57.525 That's all for now. 36 00:01:57.955 --> 00:02:00.405 Keep your ear to the ground with Deb banked 37 00:02:00.405 --> 00:02:03.645 and register for the next big industry conference this 38 00:02:03.645 --> 00:02:07.045 October in Las Vegas, B2B Finance Expo. 39 00:02:07.415 --> 00:02:08.285 We'll see you there.