Bank News – A channel trend that continues to gather strong momentum is remote deposit capture. While check use continues to decline, interest in facilitating much quicker and efficient services is going in the opposite direction.
Postal Technology International Showcase – Innovative universal OCR solutions, already implemented in letters and flats sorting automation, may be adapted and successfully applied to the parcel industry.
Longmont company welcomes new hires in next stage of growth for pattern recognition technology
Parascript’s address recognition technology, integrated with Compador’s mail sorting system, offers posts and mailers improved first pass read rates, reduces costs, and increases productivity
Mailing Systems Technology – Although the automated reading of addresses has achieved a very high level of accuracy in recent years, there is still a portion of addresses on mailpieces that is not sufficiently recognized and needs to be entered manually. However, today’s advancements in recognition technology allow posts to successfully overcome even these residual […]
Postal Technology International – Savings in sorting cannot be efficiently realized without state-of-the-art optical character recognition technology. The most challenging task for parcels is the recognition of addresses because of peculiarities associated with the correct region of interest location.
Parascript to provide 191 OCR units to automatically locate and recognize destination addresses on parcels and bundled mail, and output finalized address information
Integrated solution from Aperta and Parascript reduces labor costs associated with check processing, achieves recognition rates of over 90 percent
United Business Mail implements Parascript’s OCR in California, in addition to its Minnesota and Arizona Centers
Parascript’s annual art exhibition free to the public, with donations from interested attendees to support There With Care, at Parascript’s Longmont offices
Mailing Systems Technology – Optical Character Recognition: A backbone for postal and mail sorting applications.
Miami-based commercial bank automates signature verification process and reduces labor costs with technology from SQN and Parascript