Pieces, parts or real solution? Features are features, but can you really use them?

In all types of software needs, businesses are often faced with the same challenge – identifying the appropriate solution. Unfortunately this identification process is given short-shrift, often ending with a person from IT challenged with creating a list of potential solutions based upon a long laundry list of features or technical requirements. The reality of […]

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Forms are at the center of the universe. Sort of.

Recently, I spent a few days at DOCUMENT Strategy Forum in Greenwich, CT. Co-located with the BFMA (Business Forms Management Association) it was an interesting event with a lot of content focusing on forms design and usability. At an event like this, one would think that business forms are the center of the universe. And […]

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Expanded capabilities for CheckPlus International for India

Parascript CheckPlus International enables check recognition capabilities in non-U.S. markets. Parascript offers versions for Argentina, Australia, Brazil, Canada, Chile, France, India, Italy, Malaysia, Portugal, and Puerto Rico. CheckPlus international for India automates check courtesy and legal amount recognition (CAR/LAR), MICR Line (E13B), date field, account number on the back of the check, and account number […]

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Infographic: Why Automated Signature Verification? Here’s Why!

A couple of months ago, Parascript released a short video featuring the benefits of automated signature verification and how it compares to human verification. Now there’s an infographic explaining the art of automated signature verification, click here to see it: Click Here to View the Infographic. Signatures are a unique biometric that belongs to each […]

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Parascript Announces FormXtra® Capture IDR Solution

Yesterday, Parascript announced FormXtra® Capture, a fully-functional IDR (Intelligent Document Recognition) solution, capable of capture, classification and recognition of virtually any data-type. FormXtra Capture has an aggressive and exciting roadmap, as mentioned in the press release, here. We have had a lot of excitement about it so far and wanted to take this opportunity to […]

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Protecting Sensitive Information on Documents

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 […]

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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 […]

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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 […]

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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 haven’t run into anybody who asks about natural handwriting recognition and the such. People just ask […]

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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, […]

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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 […]

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Signature Biometrics and Validation: An Introduction

A biometric is a substantially stable physical or behavioral characteristic or trait of a person which can be automatically measured and characterized for comparison. Over 2000 years ago, Aristotle noticed the connection between handwriting and personality. How we make our loops in letters, the alignment of upper, middle, and lower sections of text, our letter […]

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7 Reasons your Document May not be Suited for Unstructured OCR/ICR

Structured and semi-structured document analysis with ICR engines is complex enough; enter in an unstructured requirement with a data extraction workflow and you have a major challenge. When considering an unstructured approach, an analyst needs to determine if the project is a good candidate. The following 7 document characteristics present clues as to why your […]

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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 income—the 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 […]

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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 […]

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