[FinTech] Mizuho enters into a business partnership to commercialize an AI–based solution for automating data input
Summary
Mizuho Financial Group, Inc. (President & Group CEO: Tatsufumi Sakai) and Blue Lab, Co., Ltd. (President, CEO, & Representative Director: Daisuke Yamada) successfully conducted proof–of–concept testing on a solution for automating data input from hand–written documents and non–standard forms, using artificial intelligence (AI), optical character recognition (OCR), and robotic process automation (RPA) technology. In addition to utilizing the AOR Solution to substantially improve operational efficiency within Mizuho, we are seeking to commercialize it. 3: Commercialization of the AOR Solution In terms of processing hand–written documents and non–standard forms, there is a significant need for automation and streamlining within a wide range of operations in financial institutions as well as companies from other industries. Specifically, we are planning to establish a new company in which Mizuho, Blue Lab, Ghelia, and other partners are capital stakeholders. Going forward, we will work more closely with Ghelia in order to strengthen solutions using AI and other technology.