Parascript is sponsoring and exhibiting at 2016 Remote Deposit Capture Summit in Orlando, Florida this week, September 14-16, 2016. The Parascript Team looks forward to providing product demos and learning more about attendees’ document processing efficiency goals. To kickoff Parascript’s participation, we are having a drawing for the highly rated Canon Mobile Scanner—so stop by our booth to enter. Even if you cannot attend, there’s still an opportunity to participate in our online RDC Summit drawing for an Intel tablet that will take place on World Paper Free Day, November 4, 2016.
The RDC Summit is the only conference focused on Remote Deposit Capture and its impact on the payments industry. Attendees benefit through direct access the top technology providers, collaborations with other industry leaders and the exchange of ideas, gaining insights, best practices and first-hand experience with the latest innovations.
RDC Summit and Parascript
Parascript is pleased to be included as one of RDC’s valued sponsors. Our solutions, powered by Parascript machine learning technology, enable fraud prevention, signature verification and straight through processing (STP) to speed data extraction from personal and business checks, IRDs and other documents for BPOs, SaaS providers and system integrators. Parascript technology drives the elimination of manual data entry and addresses document processing challenges that occur due to variability in location of data, content sensitivity, time sensitivity, and downstream errors leading to higher efficiency and significant cost reductions. For remote deposit capture, our solutions include:
- Check Recognition and Verification. Parascript CheckPlus automates check courtesy amount and legal amount recognition (CAR/LAR), check number, payee block and MICR lines verifies signature presence and locates payor blocks.
- Fraud Prevention. Parascript CheckStock uses a secure filter for detecting even the most sophisticated counterfeit checks. Parascript provides comprehensive verification of all main pre-printed elements on business and personal bank checks as well as IRDs, offering the industry’s most accurate and reliable solution.
- Signature Verification. Parascript SignatureXpert captures signatures from any type of document, minimizing the need for visual verification with a high degree of accuracy. Verify signatures by comparing them against reference signatures gathered during account set-up, voter registration or any other event that allows collection of validated signatures. SignatureXpert provides the highest level of accuracy for any application that needs to authenticate signatures.
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