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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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  • We see a lot more use-cases than what have been listed here. What are you seeing? partner@parascript.com
  • Transcript of "The Basics of Signature Verification Software"

    1. 1. Automating Signature Verification The basics of software verification© 2012 Parascript, LLC parascript.com
    2. 2. Signatures are critically important in society© 2012 Parascript, LLC 2
    3. 3. Signatures authorize transactionsChecks, cards, debits© 2012 Parascript, LLC 3
    4. 4. Signatures validate documentsApplications, contracts, taxes© 2012 Parascript, LLC 4
    5. 5. Signatures authorize votingVote-by-mail© 2012 Parascript, LLC 5
    6. 6. Signatures are a form of biometric© 2012 Parascript, LLC 6
    7. 7. Signatures are a subconscious expressionBoth the signer and the authorizer are impacted by: Writing Mood Environment Instrument Writing Fatigue Surface© 2012 Parascript, LLC 7
    8. 8. But signatures can be forged© 2012 Parascript, LLC 8
    9. 9. Types of forgeriesRandom | Blind | Skilled Person 1 Person 2 Person 3© 2012 Parascript, LLC 9
    10. 10. Validating authenticity is manual, expensiveNot everything can be checked so rules are applied If Amount > $X, Check Signature© 2012 Parascript, LLC 10
    11. 11. and human performance is conditionalPerformance degrades over time and in different environments© 2012 Parascript, LLC 11
    12. 12. Software verification lowers costs and doesn’t get tired© 2012 Parascript, LLC 12
    13. 13. Signature software reduces cost and risk Doesn’t get tired or have a bad day Can process much higher volumes Consistently demonstrates higher accuracy© 2012 Parascript, LLC 13
    14. 14. and helps prevent common human errors Accepted Forgery Genuine Profile Image Genuine Profile Image Rejected Genuine© 2012 Parascript, LLC 14
    15. 15. Software can be used with electronicor paper capture© 2012 Parascript, LLC 15
    16. 16. There are many applications Automated fraud management Matching for document search and retrieval Transaction authorization Voting And more…© 2012 Parascript, LLC 16
    17. 17. See how it works Watch Video http://info.parascript.com/automati ng-signature-verification-video Get the Whitepaper: http://www.parascript.com/signatures Follow on Twitter http://www.twitter.com/ParascriptLLC© 2012 Parascript, LLC 17
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