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Boosting Efficiency: Automating Data Categorization in Bank Statements
Introduction In today’s fast-paced financial world, banks and financial institutions deal with an enormous amount of data daily. Bank statements, in particular, contain valuable information that must be categorized and processed accurately. Traditionally, this task has been performed manually, leading to inefficiencies, errors, and increased operational costs. However, with advancements in technology, automating data categorization…