CheckXpert.AI: AI-Powered Check Recognition & Data Extraction
Download CheckXpert.AI: AI-Powered Check Recognition & Data Extraction Overview
Features
- Superior check amount recognition based on courtesy and legal amount analysis
- MICR line recognition on bank documents, with results at the field, subfield and character level
- CAR/LAR mismatch detection
- Check number and date recognition
- Payee line recognition and verification, including depositor, blacklist and whitelist checks
- Payer block recognition
- Signature presence detection
- Memo line and endorsement recognition
Benefits
- Processes checks with better-than-human accuracy and speed, supporting remote deposit and branch transformation
- Reduces the cost of data entry by more than 80% compared to other solutions on the market
- Handles the full document stream for proof of deposit and remittance, including business checks, personal checks, deposit slips, money orders, traveler checks and IRDs
- Extracts high-quality payee data without needing to preconfigure a payee database
- Supports a multichannel strategy while improving customer experience and reducing costs
Technical Details
Inputs
Check images and related remittance documents, including business checks, personal checks, deposit slips, money orders, traveler checks and Image Replacement Documents (IRDs).
Outputs
Extracted, verified data fields including check amount, MICR line, check number, date, payee line and endorsement information, along with CAR/LAR mismatch and signature presence flags.
Geographic Availability
Additional Information
ParaScript was recently named Tungsten Automation's Embedded Tech Partner of the Year, recognizing 14 years of collaboration between the two companies. The partnership is actively expanding, with a shared roadmap focused on deeper detection of altered and counterfeit check fraud and tighter integration with Tungsten's automation platform. Contact us to learn how CheckXpert.AI fits into your environment.
