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© 2012 Parascript, LLC parascript.com Automating Signature Verification The basics of software verification

The Basics of Signature Verification Software

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Ever wonder what the bank does with the signature on your check? Here's a quick look at how signatures are used, common methods of forgery and how software can substantially improve on forgery detection - making transactions safer for all of us.

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Page 1: The Basics of Signature Verification Software

© 2012 Parascript, LLC parascript.com

Automating Signature Verification The basics of software verification

Page 2: The Basics of Signature Verification Software

2 © 2012 Parascript, LLC

Signatures are critically important in society

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3 © 2012 Parascript, LLC

Signatures authorize transactions Checks, cards, debits

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4 © 2012 Parascript, LLC

Signatures validate documents Applications, contracts, taxes

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5 © 2012 Parascript, LLC

Signatures authorize voting Vote-by-mail

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Signatures are a form of biometric

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Signatures are a subconscious expression Both the signer and the authorizer are impacted by:

Mood Environment Writing Instrument

Writing Surface Fatigue

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But signatures can be forged

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Types of forgeries Random | Blind | Skilled

Person 1 Person 2 Person 3

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Validating authenticity is manual, expensive

If Amount > $X, Check Signature

Not everything can be checked so rules are applied

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and human performance is conditional Performance degrades over time and in different environments

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Software verification lowers costs and doesn’t get tired

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Signature software reduces cost and risk

Doesn’t get tired or have a bad day

Can process much higher volumes

Consistently demonstrates higher accuracy

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and helps prevent common human errors

Genuine Profile Image

Rejected Genuine

Accepted Forgery

Genuine Profile Image

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Software can be used with electronic or paper capture

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There are many applications

Automated fraud management

Matching for document search and retrieval

Transaction authorization

Voting

And more…

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17 © 2012 Parascript, LLC

See how it works Watch Video

http://info.parascript.com/automating-signature-verification-video

Get the Whitepaper:

http://www.parascript.com/signatures

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