Also as a good default side effect it attaches the uploaded PDF to the transaction in one's account, though you can either have it not do that or just get that behavior without the parsing.
@patio11
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LLMs Enable PDF Parsing for Financial Applications
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(One reason I think nobody seems to have tried implementing this prior to LLMs is that parsing arbitrary PDFs well enough to trust money to the results was almost intractably hard, and now it's something which is probably single digit engineers times single digit weeks to build.)
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LLMs Automating Redundant PDF Data Entry Tasks
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I do not even want to speculate how much of my life I've spent parsing PDFs to redundantly type payment instructions into a web application. I will not regret that portion of the job getting eaten by LLMs and good experiences built on top of them.
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UI Design for Bank Instructions with Highlighted PDF Verification
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… on the left the UI for giving the bank instructions and on the right a browserified PDF, zoomed at wherever it found the information it prefilled, with that information highlighted. This facilitates you checking that e.g. account numbers match expectations.
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Mercury’s AI-Powered Send Money Feature Parses PDFs
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A tiny product experience which was just great that I have to share: Mercury's new Send Money feature lets you either do it the usual way or upload e.g. a bill. I uploaded a capital call document. An LLM (presumably) parses the PDF and prefills everything, displaying inline…
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Credit Report Access Wins Against Unfair AI Judgment Systems
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(That was not entirely a choice; we gave people access to their credit reports because there was a worry that Shadowy System by Unaccountable Vendors Is Judging You Unfairly would be something other than the biggest win for justice in consumer credit ever delivered.)
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Credit Scoring Systems and Algorithmic Decision-Making Impact
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Given that credit reports are routinely pulled for renting and somewhat less routinely pulled for employment and insurance underwriting, because almost everything correlates, I can understand why someone might think they’re being aggressed upon by having a number scoring them…
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Financial Institution Responsibility in Digital Loss Events
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I find when dealing with this broad class of issues it’s mildly less vexing to think “I am a witness to the bank losing the bank’s money” as opposed to “Someone stole my points because the bank let them.”
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AI models painting without world models still fun
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And if they don’t have a world model, fine, I seem to also lack one, but pretending to paint things is still quite fun.
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LLMs World Model Capabilities and Practical Utility Examples
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Mentioning partly for an example of mundane utility, partly as an example of Things People Probably Don’t Guess A Computer Can Do, and partly because there are still some people who think that LLMs don’t have a world model.