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 […]

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 […]

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 […]

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 […]

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 […]

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 don’t 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 […]

Context plays a significant role in the recognition process. When people read handwriting, they look at entire words — or even the entire document — to correctly identify what is written. They can read a sentence and understand illegible words within the “context” of the document. In the same way, recognition engines use context as […]

A lot of folks, both technologists and end users, are very familiar with the capabilities of OCR and the technology’s ability to convert images of typewritten documents into searchable electronic text. Thanks to incorporation with software packages from companies including Adobe, Apple, and Microsoft— consumers and businesspeople alike can take advantage of OCR’s capabilities to […]