IRVING, Texas, Feb. 18, 2026 (GLOBE NEWSWIRE) -- XBP Global Holdings, Inc. (“XBP Global” or “the Company”) (NASDAQ: XBP), a workflow automation leader that leverages decades of industry experience, a global footprint, and agentic AI to rethink business process automation and digital transformation, presents a new report from Everest Group, supported by XBP Global. Public sector organizations worldwide are accelerating the adoption of Intelligent Document Processing (“IDP”) to improve service delivery, stren ...

Core Insights - The mortgage industry is at a pivotal moment as technology, particularly AI, is set to redefine operations and value across the mortgage lifecycle, with 2025 identified as a turning point [1][2][3] Industry Challenges - Non-bank mortgage lenders are experiencing operational fatigue, regulatory pressures, and rapid technological disruptions, with many still playing defense rather than innovating [1][4] - Compliance issues are escalating, with one executive reporting over 1,700 regulatory alerts in the previous year, indicating a need for continuous compliance operations [5][7] Technological Innovations - The emergence of Agentic AI, which combines generative AI with automation, is seen as a significant driver of change in the industry, enabling more efficient and intelligent operations [6][7] - Intelligent Document Processing (IDP) is gaining traction among lenders for its quick returns, especially in environments still reliant on paper [7][8] Strategic Recommendations - A majority (74%) of non-bank lenders are focusing on innovation for differentiation, yet only 21% consider themselves true innovators, highlighting a gap in the market [7] - Lenders are encouraged to redefine outsourcing partnerships, moving beyond cost-cutting to leverage technology for platform modernization and AI deployment [14] - Automation is projected to encompass 68% of mortgage operations by 2026, indicating a shift towards integrating technology with human expertise for continuous improvement [7][8]

Core Insights - NETSOL Technologies, Inc. has launched Transcend AI Labs, an AI innovation hub aimed at enhancing efficiencies and decision-making for automotive and equipment OEMs, dealerships, and financiers [1][6] - The launch includes an interactive AI Assistant and Intelligent Document Processing (IDP) capabilities, which can be utilized as standalone tools or integrated within the Transcend platform [2][4] Group 1: AI Solutions - The AI Assistant supports the asset finance lifecycle by providing instant responses, process guidance, and intelligent recommendations, thereby improving operational efficiency and customer experience [3] - Intelligent Document Processing (IDP) automates data extraction, classification, and validation from financial and legal documents, enhancing accuracy and decision-making across various business functions [4] Group 2: RoleFit AI - RoleFit AI, a product of Transcend AI Labs, is an AI-powered resume grader that can auto-generate job descriptions and grade resumes in bulk, significantly reducing recruitment time [5] Group 3: Consulting Services - NETSOL has expanded its team to provide advanced AI consulting services, helping organizations innovate and automate using advanced technology across various industries, including finance, banking, fintech, and insurance [6][8] Group 4: Future Developments - Additional independent AI solutions are in development, aimed at providing businesses with more advanced and customizable tools to address a wide range of challenges [7]