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:3/22/2017)... 2017 Vigilant Solutions , a vehicle ... agencies, announced today the appointment of retired FBI special ... safety business development. Mr. Sheridan brings more ... a focus on the aviation transportation sector, to his ... Mr. Sheridan served as the Aviation Liaison Agent Coordinator ...
(Date:3/9/2017)... March 9, 2017 4Dx has publicly released ... Imaging Workshop at the University of Pennsylvania. Founder and ... deliver the latest data to world leaders in lung ... together leaders at the forefront of the industry to ... "The quality of the imaging is ...
(Date:3/2/2017)... 2, 2017 Summary This report provides ... its partnering interests and activities since 2010. ... Read the full report: ... since 2010 report provides an in-depth insight into the partnering ... On demand company reports are prepared upon purchase ...
Breaking Biology News(10 mins):
(Date:3/24/2017)... Calif. , March 24, 2017   Sienna ... and aesthetics company, today announced that Richard Peterson ... effective March 24.   Peterson, who brings more ... John Smither , who is retiring at the ... in an advisory capacity. Peterson joins Sienna from Novan, ...
(Date:3/23/2017)... Research and Markets has announced the addition of ... offering. ... The Global Market for Bioproducts Should Reach $714.6 Billion ... of 8.9%, This research report quantifies the ... product segments: bio-derived chemicals, biofuels, pharmaceuticals (biodrugs and herbal/botanicals), biocomposite ...
(Date:3/23/2017)...  BioPharmX Corporation (NYSE MKT: BPMX), a specialty ... today reported financial results for the quarter and ... an update on the company,s clinical development efforts ... are pleased to report that last year was ... Anja Krammer. "We achieved key clinical milestones and ...
(Date:3/23/2017)... March 23, 2017 According to a report ... derivatives market is fragmented due to the presence of a large pool ... Thermo Fisher , and Sigma-Aldrich, compete with each other in ... collectively, held more than 76% of this market in 2016.  ... As of now, a ...
Breaking Biology Technology: