Address parsing techniques presented in the paper can benefit various types of financial data beyond payment transactions. For example, customer onboarding processes in financial institutions often require the collection and verification of customer addresses. By applying address parsing techniques, institutions can automate the extraction of address information from customer documents, forms, or digital inputs, streamlining the onboarding process and ensuring accurate data capture. Moreover, compliance reporting, risk assessment, and fraud detection in the financial sector rely on accurate and structured address data. Address parsing models can assist in standardizing and validating address information across different financial documents and systems, enhancing regulatory compliance and risk management practices. Additionally, address parsing can be valuable in credit scoring and loan underwriting processes, where the verification of applicant addresses is crucial for assessing creditworthiness and mitigating fraud risks.