ProgressSoft’s Automatic Signature Verification solution intelligently analyzes and compares signatures extracted from checks or official documents with genuine reference signatures to massively mitigate fraud.
The solution operates on a straight-through processing basis and utilizes smart pattern recognition algorithms for scientific matching including machine learning, and takes into consideration financial institutions’ security policies and procedures, to eventually accept or reject the extracted signature.
PS-ASV seamlessly integrates with signature management solutions at the financial institution to automatically retrieve reference signatures, this is in addition to any back-end system for seamless and automated verification of signatures on official documents and checks.
Intelligent Signature Verification
PS-ASV utilizes advanced technologies including artificial intelligence engines, analytical and geometrical analysis in addition to pattern recognition to provide a highly accurate comparison between extracted signatures and automatically retrieved reference signatures.
Machine Learning Algorithms
PS-ASV utilizes machine learning algorithms and encapsulates numerous deep neural networks that enhance the signature region, analyze signature patterns and classify signatures for unprecedented intelligence in automatic signature verification.
Signature Card Cropping
PS-ASV enables automatic cropping of signature cards into one or more signature image on the signature rectangles defined in the financial institution’s signature management solution to ensure accurate matching between the extracted signature and reference signature.
Automated Signature Extraction
PS-ASV defines unlimited signature areas on standard checks or official document designs, and automatically detects, cleans up and adjusts areas to produce high quality signatures and automatically extract the needed signatures.
Signature Area Enhancement
PS-ASV utilizes state-of-the-art machine learning algorithms that automatically remove irrelevant text and lines, as well as restore and improve quality to provide financial institution users with an automatically enhanced signature area.
PS-ASV automatically detects and learns from quality signatures presented on financial documents to massively reduce the time needed to review and tune the signature verification process.
Massively reduces fraud and errors associated with manual handling
Automatically detects replicated signatures to avoid forgery
Reduces traditional overhead costs incurred by institutions for manual signature verification
Provides timely and consistent handling of verification that enhances institutions’ process efficiency
Provides unprecedented levels of accuracy that outperform manual handling
Boosted Customer Satisfaction
Reduces turnaround time for checks or documents handling, thereby improving customer satisfaction