Yahoo! Finance, Feb. 9, 2020–
Cleareye.ai, a leading fintech platform that transforms banks into hyper-agile organizations, today announced it is collaborating with Microsoft. Cleareye.ai’s enterprise-ready platform will use Microsoft technology to power its products, starting with the PPP Loan Forgiveness Processing Engine, which will be powered by Microsoft Azure.
This offering is a Microsoft Azure Artificial Intelligence (AI) powered document automation and rules reconciliation solution. It is designed for lenders who process forgiveness applications as part of the Small Business Administration’s Paycheck Protection Program (PPP), that provides direct incentives to small businesses to keep workers on the payroll during the COVID-19 pandemic.