Government agencies, healthcare departments, and other organizations have a need to identify and protect information located randomly on documents to comply with Federal and State laws. For example, the U.S. Health Insurance Portability and Accountability Act (HIPPA) requires that medical records, even when authorized by patients, protect patient health information. In the same way, the […]
Signature Verification: Man vs. Machine
Visual signature verification is one of the most common fraud prevention methods that has remained unchanged for many decades. Although criticized, visual verification is still used as the final arbiter when automatic signature verification cannot make a reliable conclusion, or makes the wrong conclusion about signature authenticity. How reliable is visual verification? How does visual […]
3 things I learned at AIIM 2013
I spent the last 3 days at the 2013 AIIM Conference in New Orleans, featuring a multitude of visionaries and speakers including Seth Godin, Thornton May, David Pogue, and others; on topics ranging from social organizations, information management, and mobile device trends as they relate to business. The following 3 tidbits have little direct relevance […]
Understanding OCR, ICR, and Parascript ICR
Over the years, recognition technology companies (including Parascript) have attempted to create acronyms to delineate the differences between OCR, ICR, and the technology needed to effectively read many types and styles of handwriting, including cursive. In the end, we havent run into anybody who asks about natural handwriting recognition and the such. People just ask […]
3 Signature elements used in automatic verification
In 1897 Abbé Jean-Hippolyte Michon, the founder of graphology, divided handwriting into seven fundamental elements: speed, pressure, form, dimension, continuity, direction, and order. Since then, the anatomy of handwriting (including signatures) has not changed and these characteristics are still key in signature verification analysis. Forensic expertise looks at such features of handwriting as height, width, […]
Infographic: 55% of forms data is being rekeyed — why?!
Last year, Parascript set out to measure the adoption of automated recognition of both Optical Character Recognition (OCR) and Intelligent Character Recognition (ICR) for processing forms. The results were astounding, especially the lack of organizations utilizing automated recognition. Only 32% of organizations surveyed are using OCR to extract document content. Over the last year, we […]
Signature Biometrics and Validation: An Introduction
What is biometrics? A biometric is a substantially stable physical or behavioral characteristic or trait of a person which can be automatically measured and characterized for comparison. In the context of signatures, biometrics are physiological and behavioral characteristics that make a signature unique.
The future of remittance processing in one word – “more”
Regardless of whether or not you are a bank offering lockbox remittance solutions or a corporate receivables department collecting and reconciling your incomethe future of remittance processing can be summed up with one word: MORE. More payment types. More back-end integration. More complication. And more automation tools required to manage it all. Merchant Warehouse put […]
The Unique Challenge of Remittance Processing
When the word remittance is uttered, many in the business world tend to think of those stubs attached to business checks or the portion of a bill that is returned with a payment back to the electric or phone company. These types of payment remittances are typically handled in an orderly fashion and many are […]
Signature Verification — Software + Humans = Great Fraud Prevention
Do you ever wonder what happens to signatures on the checks you sign? On two different days your signature, although genuine, might look very different. So why dont you ever get a call from the bank asking to confirm a transaction? There are a number of reasons, but one might be that their signature analysts […]