Utilizing state-of-the-art technology based on machine learning algorithms, including deep learning, payments can be processed in seconds, providing customers with immediate feedback. Since Parascript enables automation rates as high as 99%, banks can automatically verify payment amounts against customer-supplied data to forego the traditional wait times for deposit availability.
Revolutionizing Mail Processing with Advanced AI
Address Recognition
Automatically locates and reads machine-printed and handwritten addresses on letters, flats, and parcels.
Vote-By-Mail
Supports vote-by-mail applications by processing ballots and verifying signature authenticity.
Form Recognition
Recognizes data in all fields for virtually any form to automate services such as change of address requests, forwarded mail, and Business Reply Mail.
Inbound and Outbound Mail Sorting
Enables postal discounts by finalizing outbound mail and automating incoming mail sorting and interoffice mail.
Indicia Recognition
Automatically detects and verifies indicia on envelope images to eliminate postage revenue losses.