JPMorgan’s AI robot boasts 99% accuracy in check, document processing

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Checks might seem antiquated, but they still move trillions of dollars annually, which is why JPMorgan says it is betting that robots can handle the mountain of paper that comes with them.

J.P. Morgan Payments processed more than 130 million checks in 2025, deploying what it calls a first-of-its-kind mail automation robot at one of its lockbox sites in partnership with Silicon Valley document intelligence company Ripcord, Michelle Conklin, head of receivables and public sector product and operations for J.P. Morgan Payments, told FinAi News.

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JPMorgan’s AI robot boasts 99% accuracy in check, document processing

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