Solution
Automated Signature Verification
Automated Signature Verification Overview
The verification of Authorized Signatures is a critical task for transaction processing teams, and it is also tedious and time-consuming. Manual Signature Verification procedures take from 2 to 20 minutes per transaction. As a result, many institutions limit Signature Verification activities to critical Lines of Business increasing the risk of fraud.
CDIT’s Automated Signature Verification™ solution greatly reduces transaction processing time and risk.
Features
- Automatically identifies Authorized Signatures on Transactions with multiple signatures
- Locates best match to Authorized Signature in Reference Signature database
- Maintain a Reference Signature database based on the Signature Lists provided by your partners
- Identify and match Blanket Signature Guarantee Stamps
- Quickly and easily reject fraudulent Transactions
Benefits
- Drastically reduce the time required to verify authorized Signatures on any type of Transactional Document (i.e. from 20 minutes to 2 seconds)
- Prevent fraud and avoid associated costs by automating the Signatures Matching
- Automate the capture and extraction/validation of required information from received transactions for export to Line-of-Business systems
- Accurately identify the Authorized Signatory of a Transactional document
Technical Details
Inputs
Documents with Signatures
Outputs
Verified Documents
Geographic Availability
Global
Additional Information
Details
Products
TotalAgility
Transformation
Other Products
Industry
All industries
compatibility
All Products
Business Process
Accounting and Finance
Administration / Management
Communications
Customer Service
Distribution / Shipping
General / Other
Human Resources
Information Technology
Inventory Management
Legal
Manufacturing
Applications
Signature Verification
Fraud Prevention
Scanning
OCR
Automation
Signature Extraction
Categories
Document Processing
Image Processing or Computer Vision
Workflow and Decision Engines
Artificial Intelligence
Business Process Automation
Collaboration
Last Updated
January 28, 2025
Consulting Required
Yes
Support Available
Yes
Pricing
Contact for Pricing