Systems and methods for extracting and processing data using optical character recognition in real-time environments

A method for automatically extracting and processing data using optical character recognition in real-time environments, the method comprising:

• receiving, from a user submission, a value to be verified, wherein the user submission is based on a set of processing terms;
• determining a target text string based on the value;
• receiving an image of a document, wherein the document comprises data for verifying the value;
• parsing the image to identify a plurality of text strings in the document;
• comparing each of the plurality of text strings to the target text string;
• determining that a text string of the plurality of text strings corresponds to the target text string based on comparing each of the plurality of text strings to the target text string;
• in response to determining that the text string of the plurality of text strings corresponds to the target text string, validating the user submission;
• in response to validating the user submission, processing the user submission to determine a first recommendation, wherein the first recommendation confirms the set of processing terms;
• and
• generating for display, in a user interface, the first recommendation.

A non-transitory, computer readable medium for automatically extracting and processing data using optical character recognition in real-time environments, comprising instructions that when executed by one or more processors, causes operations comprising:

• receiving, from a user submission, a value to be verified, wherein the user submission is based on a set of processing terms;
• determining a target text string based on the value;
• receiving an image of a document, wherein the document comprises data for verifying the value;
• parsing the image to identify a plurality of text strings in the document;
• comparing each of the plurality of text strings to the target text string;
• determining that a text string of the plurality of text strings corresponds to the target text string based on comparing each of the plurality of text strings to the target text string;
• in response to determining that the text string of the plurality of text strings corresponds to the target text string, validating the user submission;
• in response to validating the user submission, processing the user submission to determine a first recommendation, wherein the first recommendation confirms the set of processing terms;
• and
• generating for display, in a user interface, the first recommendation.

The non-transitory, computer readable medium 12, wherein the instructions further cause operations comprising:

• in response to determining that none of the plurality of text strings corresponds to the target text string, invalidating the user submission;
• in response to invalidating the user submission, determining a second recommendation, wherein the second recommendation modifies a term of the set of processing terms;
• and
• generating for display, in a user interface, the second recommendation.