FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

UiPath acquires natural language processing firm Re:infer

The acquisition gives UiPath clients access to unstructured data

Brian StonebyBrian Stone
August 1, 2022
in All Posts, Banking
Reading Time: 2 mins read
0
Share on Facebook

Robotic process automation (RPA) giant UiPath closed its acquisition of natural language processing (NLP) company Re:infer today, bringing communications mining capabilities to its platform. Terms of the deal were not disclosed.

Microsoft: FI frontline employees look to tech to reduce workplace stress
Image by CanStock

“Today, over 80% of enterprise data is unstructured, meaning it cannot be easily analyzed and used to improve business operations or outcomes,” Ted Kummert, executive vice president of products and engineering at UiPath, told Bank Automation News, noting the data from communications includes emails, documents, chat logs and social messages.

“Organizations must address these forms of communication, as they are the main means customers use to engage with them,” Kummert said, adding, “Re:infer turns those messages and documents into actionable business data.”

London-based Re:infer allows UiPath to leverage its communications mining, monitoring and extraction technology, according to a release. Through machine learning (ML) and NLP technologies, Re:infer scans and analyzes documents via a no-code interface, Kummert said.

The capabilities have already been deployed by companies such as UBS, Deutsche Bank and retail platform Farfetch, according to the release.

UiPath customers can view the new NLP capabilities in a private preview, Kummert said, adding that more details will be announced at the UiPath FORWARD 5 event in Las Vegas in September.

The acquisition follows UiPath’s continued digital and robotic transformation efforts as evidenced by its busy June, when the company partnered with BMO Financial Group, Korea Investment Savings Bank, tire manufacturer Bridgestone Americas and online learning marketplace Udemy.

Bank Automation Summit Fall 2022, taking place Sept. 19-20 in Seattle, is a crucial event on automation and automation technology in banking. Early registration ends Friday, Aug. 5. Learn more and register for Bank Automation Summit Fall 2022.

Tags: CommunicationsNLPPremiumRPAUiPath
Previous Post

5 questions with … UMB Bank Chief Information and Product Officer Uma Wilson

Next Post

Robinhood crypto unit fined $30M by New York regulator

Related Posts

Courtesy/FinAi News
Banking

Inside look: TD’s pivot from build from scratch to AI foundation models

July 10, 2026
(AI-generated/ChatGPT)
Banking

AI makes digital banking ‘more proactive,’ new Candescent CEO says

July 10, 2026
Exterior view of the Fiserv headquarters in Milwaukee
Banking

Fiserv president steps down in firm’s latest management shakeup

July 8, 2026
Next Post
The Robinhood application on a smartphone arranged in Hastings-On-Hudson, New York, U.S., on Friday, Jan. 29, 2021. GameStop Corp. advanced on Friday and was on track to recoup much of Thursday’s $11 billion blow after Robinhood Markets Inc. and other brokerages eased trading restrictions on the video-game retailer. Photographer: Tiffany Hagler-Geard/Bloomberg

Robinhood crypto unit fined $30M by New York regulator

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

The Buzz Podcast

SPONSORED

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

Hiding in Plain Sight: How to Use Data to Spot Consumer Accounts Being Used by Small Businesses

November 10, 2025

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

 [wt_cli_manage_consent]

Connect

twitter linkedin podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account