CheckXpert.AI offers superior check recognition with the highest read rates, reducing costs by more than 80% over other available check recognition solutions. As a result, CheckXpert.AI reads check amounts and MICR with better than human accuracy and speed, which enables banks to provide real-time approval of deposits regardless of channel and without the high costs of manual verification. By leveraging Parascript’s proprietary deep learning algorithms, CheckXpert.AI processes checks in a significantly more innovative, human-like way. CheckXpert.AI oversees the entire stream of documents for Proof of Deposit (POD) and Remittance applications.
Tromba Technologies has years of expertise in helping organizations with Intelligent Document Processing. Parascript creates best-in-class AI software that streamlines access to your data with unequaled precision.
Over the years, Parascript has been established as a trusted provider of state-of-the-art solutions in cognitive computing, applying computer vision and artificial intelligence to a number of markets. Parascript was the first to solve the cursive handwriting puzzle. Over the past 25 years, they’ve grown to be the source for applied artificial intelligence technologies for some of the largest postal services and other Global 2000 organizations. Start your automation journey today!
CheckXpert.AI
Reseller and Solution Provider
Reads Checks at Better than Human Speed and Accuracy
Automatically Recognize & Extract Data
Parascript CheckXpert.AI automatically locates, recognizes and extracts data
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Superior check amount recognition based on courtesy and legal amount analysis
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CAR/LAR Mismatch Detection
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Check date recognition
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Check number recognition
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MICR line recognition on bank documents produces results on field, sub-fields and character level
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Payee line recognition and verification
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Payer block recognition
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Signature presence detection
Experience True Straight Through Processing
CheckXpert.AI provides the full stream of documents for Proof of Deposit (POD) and Remittance applications. This includes:
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Business checks
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Personal checks
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Internal checks
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Deposit slips
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Money Orders
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Traveler Checks
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Image Replacement Documents (IRDs)
Benefit from the Highest Read Rates
Parascript CheckXpert.AI offers the industry’s highest recognition rates and accuracy with a dramatic increase in courtesy and legal amount recognition rates. Our solution with its industry-leading performance can reduce the cost of data entry by more than 80% compared to other solutions available on the market today.
Available for Other Countries
CheckXpert.AI is available for the United States, France, Brazil, and the UK offering better than human accuracy and speed. CheckXpert.AI International France supports high read rates for amount and also provides extraction for payor block and date. Additionally, it provides key compliance features such as CAR/LAR mismatch detection, presence detection of payee and backside endorsement, as well as validation of date and payer.
Check Processing with Highest Accuracy & Speed Available
When it comes to handling payments, customers expect efficient, real-time interactions. Customers are unlikely to accept wait times for deposits of a few hours, let alone 24 hours. Whether you call it being digitally transformed or customer-centric, immediacy and simplicity are the name of the game. Banks cannot rely on manual processes, which take too long for the digital generation. This is where Parascript comes in.
