Toyota Finance New Zealand Limited (TFNZ), a regional subsidiary of Japan-based automotive finance company Toyota Financial Services Corporation, has selected Ephesoft, a content capture and data discovery solutions provider, to accelerate its automotive loan application and settlement processing. Stephen Blay, General Manager Operations, Toyota Finance New Zealand said, "For a financial organization like TFNZ, the digital transformation of loan processes is most importantly a customer service initiative." He further added, "Ephesoft will enable us to integrate an innovative, cloud-enabled solution that uses machine learning for enhanced document and data management, ultimately making it simpler for our staff to help customers secure financing for a new vehicle. This partnership will also enable our loan operations team to shift their focus on manual data handling to strategic customer support." The approach is expected to serve as a best practice for financial service providers globally.

IRVINE, Calif. and Singapore – Nov. 5, 2019 – Ephesoft, Inc., an industry leader in enterprise content capture and data discovery solutions, today announced its collaboration with Tokio Marine Asia, the regional headquarters of the global insurance group that offers an extensive selection of General and Life insurance products and solutions worldwide. Ephesoft and Tokio Marine Asia, along with Tokio Marine Life Insurance (Thailand), will work together to solve language, data and document challenges that are prevalent throughout Thailand. The collaboration marks the insurance company's focus on expanding its footprint of automation in the fast-burgeoning Thai economy. Improving its approach by automating various manual heavy documentation processes across the insurance space will benefit both their customers and employees. "Ephesoft has a strong commitment to meeting our customers where they are and addressing their unique challenges, regardless of geographic location," said Ike Kavas, founder and CEO at Ephesoft.