Parcel Address Recognition

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.

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USPS Awards Parascript Contract for OCR to Support Automated Parcel Bundle Sorting at USPS Facilities throughout the United States

Parascript to provide 191 OCR units to automatically locate and recognize destination addresses on parcels and bundled mail, and output finalized address information

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Austell Gas System Deploys Payment Processing Solution from Aperta and Parascript to Automate Check Processing and Collection of Charitable Donations

Integrated solution from Aperta and Parascript reduces labor costs associated with check processing, achieves recognition rates of over 90 percent

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United Business Mail Selects Parascript for Mail Automation

United Business Mail implements Parascript’s OCR in California, in addition to its Minnesota and Arizona Centers

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Parascript Announces Tenth Annual Art Exhibition to Benefit Children and Families Facing Critical Illness

Parascript’s annual art exhibition free to the public, with donations from interested attendees to support There With Care, at Parascript’s Longmont offices

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OCR: A backbone for postal and mail sorting

Mailing Systems Technology – Optical Character Recognition: A backbone for postal and mail sorting applications.  

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Sabadell United Bank Integrates Signature Fraud Detection Solution from SQN, Parascript

Miami-based commercial bank automates signature verification process and reduces labor costs with technology from SQN and Parascript

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Mail Processing Solution from Engineering Innovation and Parascript Selected by Panhandle Presort Services to Automate Flats Processing

Panhandle Presort Services achieves return on investment within 10 months with address recognition rates of 95 percent

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Parascript Announces New Release of its Award Winning Signature Verification Software to Prevent Check and Payment Fraud

SignatureXpert offers banking industry improved signature verification accuracy, capitalizes on award-winning technology

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Parascript Announces Sale of Wholly-Owned Subsidiary to DemandTec

DemandTec, Inc. has completed the acquisition of Applied Intelligence Solutions, LLC

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