Pilot # 1: Invoices Processing Platform for a more Sustainable Banking Industry

Banks require notary services when subscribing specific financial products like mortgages with their customers. To conduct these services, notaries generate many physical documents; however, some of these physical copies are useless, both for the bank and the end customer, originating an extra burden in terms of paper wasted and financial costs.

The main objective of Bankia pilot is to develop, integrate and deploy a data-intensive system to extract information from notary invoices, in order to:

  • Establish the sustainability index of each notary based on the number of physical copies that are issued.
  • Promote notary services from those with the higher sustainability score.
  • At the end of the project, Bankia will process more than 30.000 invoices from 3,000 different notaries.

    Pilot # 1: Invoices Processing Platform for a more Sustainable Banking Industry
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    logo europe This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 856632.
    The content reflects only the authors’ views, and the European Commission is not responsible for any use that may be made of the information it contains.