GeoCoder
Across many industries, there is an increasing need for ensuring the address provided by your customer is complete and accurate. This includes Banks & Financial Institutions, Hospitals & Diagnostic Centers, Public & Private sector employers, Service providers such as mobile, internet, utilities and many others. Geocoder is an AI application developed in-house at MCG that can validate the address provided and also enhance the accuracy and completeness of the address.
How it works
Addresses provided by customers are passed through the GeoCoder AI model which breaks down the address into its individual components like state, city, street number, pin(zip) code and others
The model then scans the components and based on which assigns the score to the address to say it can be geo-coded (provided a latitude-longitude pair on earth’s surface) or not
Once the address passes the geo-coding test, it is passed through a second AI model within the Geo Coder. This AI model uses advanced NLP techniques, mostly based on transformers model to do the comparison with address data-base
Based on address matching, the Geo-coder assigns a probability score to the customer provided address based on which the need for further investigations can be decided
Features
Address validation
Address Quality Enhancement
Ensemble AI modelling techniques
Use of Transformers to achieve robust accuracy
Applications
Given the increased security and KYC (Know Your Customer) across a myriad range of industries, Geo coder will be immensely beneficial for address matching, validation and accuracy improvement in:
Banks & Financial Institutions
Telecommunications (B2C and B2B)
Public & Private Sector employers
Driving License issuance
Aadhar Address verification
Any industry needing address verification