Parascript Announces Release of Check Recognition and Verification Software
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CheckPlus International for Malaysia now can process the entire stream of documents for proof-of-deposit (POD) and remittance applications, including machine printed and handwritten Malaysian checks. During the amount recognition process, CheckPlus International for Malaysia cross-validates the courtesy and legal amounts to ensure the highest recognition rates. CheckPlus International has been successfully implemented in Brazil, Canada, France, India and Portugal among other markets. Depending on the country, CheckPlus International automatically locates and recognizes amount fields, date, payee line, MICR line, checksum, among others, and performs signature verification to help financial institutions prevent fraud.
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