ParaScript introduced the industry’s first embedded signature verification solution, which securely stores a customer’s verified signature on each check in a protected, hidden format. This patented technology allows instant verification of signatures at the point of presentment, helping financial institutions detect and prevent fraud across ATMs, teller lines, kiosks, remote deposit capture, and high-speed processing systems.
Traditionally, financial institutions have relied on archived data like signature cards or previously processed documents to verify signatures on checks. ParaScript’s new solution will help financial institutions with faster verification, reduced processing delays, improved fraud detection accuracy and minimized reliance on external databases, all of which strengthen trust and protect customers from fraudulent activity.
“Fraud schemes are becoming more complex, and financial institutions need tools that provide both security and efficiency,” said Emiliano Giacchetti, CEO of ParaScript. “Our embedded signature verification solution gives financial institutions a secure, real-time method to confirm signatures, protecting clients while enabling smoother, more confident check processing.”
