Navigation Links
Parascript Technology Wins Online Signature Verification Competition
Date:8/21/2009

BOULDER, Colo., Aug. 10 /PRNewswire/ -- Parascript, LLC, the image analysis and pattern recognition technology provider, today announced that its SignatureOnline was awarded best performance for online signature verification at the tenth International Conference on Document Analysis and Recognition (ICDAR) in Barcelona, Spain, held July 26 - 29, 2009. Parascript was among 12 participants from eight countries representing a total of 15 online signature verification systems. SignatureOnline delivered the lowest Equal Error Rate (EER) at 2.85 percent, and performed significantly better than the others, as the next best rate from a competitor was 8.33 percent (the lower the EER value, the higher the accuracy of the biometric system). The results indicate that Parascript signature authentication technology is able to support forensic handwriting experts to formulate the strength of evidence for court proceedings.

At present, forensic signature verification is performed through visual examination by trained forensic handwriting experts without reliance on computer assisted methods. Participants were provided with an online signature database containing both genuine and forged signatures, and were required to distinguish genuine from forged based on only one reference signature.

"We are very pleased with the results from the competition conducted by the Netherlands Forensic Institute and look forward to continuing to apply the benefits of our technology to forensic handwriting analysis," said Alexander Filatov, senior vice president for Parascript. "Parascript is proud to offer products that respond to the many diverse needs in signature fraud detection."

Parascript's SignatureOnline combines multiple engines that analyze temporal biometric characteristics such as speed, acceleration, deceleration, stroke sequencing and length, pen pressure and timing information received directly during the act of signing, together with a proven innovative technology that scrutinizes signature shape.

The company also recently announced that its signature authentication technology was used by Russian law firm, Gareev, Muslov, and Partners, to detect signature fraud in a $160,000 debt collection case.

About Parascript, LLC

The Parascript image analysis suite extracts meaningful information from images. Employing patented digital image analysis and pattern recognition technologies, the Parascript image analysis suite improves decision quality in medical imaging, postal and payment automation, fraud detection, and forms processing operations. Parascript software processes over 100 billion imaged documents per year. Fortune 500 companies, postal operators, major government, and financial institutions rely on Parascript products. Organizations include the U.S. Postal Service, Bowe Bell + Howell, CheckFree - now part of Fiserv, Elsag, Lockheed Martin, NCR, Siemens, and Unisys. Parascript is online at http://www.parascript.com.


'/>"/>
SOURCE Parascript, LLC
Copyright©2009 PR Newswire.
All rights reserved

Related biology news :

1. Parascript Signature Verification Technology Used by Moscow Law Firm to Detect Signature Fraud in $160,000 Debt Collection Case
2. Parascript Signature Verification Technology Used by Moscow Law Firm to Detect Signature Fraud in $160,000 Debt Collection Case
3. Ben-Gurion University of the Negev technology being developed for use in Jordan desalination plant
4. Technology Review names Carnegie Mellons Treuille as a top young innovator
5. New DNA test uses nanotechnology to find early signs of cancer
6. Argonne to showcase science and technology at community open house
7. Indonesia Now Using MegaMatcher Biometric Technology in Integrated Passport Issuance System
8. Technology improves salmon passage at hydropower dams
9. University of Minnesota research leads to new technology to protect human health
10. M2SYS Technology to Offer Desktop Biometric Technology to Kronos Customers
11. Anti-biotech groups obstruct forest biotechnology
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/3/2017)... WASHINGTON , April 3, 2017 /PRNewswire-USNewswire/ ... single-cell precision engineering platform, detected a statistically ... cell product prior to treatment and objective ... highlight the potential to predict whether cancer ... prior to treatment, as well as to ...
(Date:3/30/2017)... NEW YORK , March 30, 2017 ... by type (physiological and behavioral), by technology (fingerprint, AFIS, ... recognition, voice recognition, and others), by end use industry ... travel and immigration, financial and banking, and others), and ... Europe , Asia Pacific ...
(Date:3/27/2017)... March 27, 2017  Catholic Health Services (CHS) ... Systems Society (HIMSS) Analytics for achieving Stage 6 ... sm . In addition, CHS previously earned a ... using an electronic medical record (EMR). ... level of EMR usage in an outpatient setting.  ...
Breaking Biology News(10 mins):
(Date:10/11/2017)... the Netherlands and LAGUNA HILLS, Calif. ... The Institute of Cancer Research, London ... use MMprofiler™ with SKY92, SkylineDx,s prognostic tool to risk-stratify patients ... trial known as MUK nine . The University of ... trial, which is partly funded by Myeloma UK, and ICR ...
(Date:10/10/2017)... ... October 10, 2017 , ... ... pharmaceutical company advancing targeted antibody-drug conjugate (ADC) therapeutics, today confirmed licensing rights ... (Hybrid Polymerized Liposomal Nanoparticle), a technology developed in collaboration with Children’s Hospital ...
(Date:10/10/2017)... ... October 10, 2017 , ... ... process optimization firm for the life sciences and healthcare industries, announces a presentation ... San Francisco. , The presentation, “Automating GxP Validation for Agile Cloud Platforms,” will ...
(Date:10/9/2017)... ... October 09, 2017 , ... The Giving ... marijuana products targeting the needs of consumers who are incorporating medical marijuana into ... in Phoenix, Arizona. , As operators of two successful Valley dispensaries, The Giving ...
Breaking Biology Technology: