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A2iA, Chesapeake Use Character Recognition to Detect Check Fraud

Software automatically reads the payee name and checks it against a positive pay list.

A2iA, a provider of handwriting analysis software, announced today that its check-processing toolkit, A2iA CheckReader, has been integrated into Chesapeake System Solutions's Total Reconciliation Solution Enterprise, account reconciliation and deposit verification software. A2iA CheckReader's image analysis and intelligent recognition engines enable software applications to capture handwritten and machine printed information from all areas of a check or related payment document. Together with T-Recs Enterprise, this solution provides Chesapeake's customers with bank account reconciliation and positive pay features to help combat bank payment fraud.

T-Recs Enterprise supports cash management services. It delivers standard (next day and same day), payee, ACH, wire, teller and reverse positive pay services with image integration for initial scrubbing and customer pay/no-pay decisions. It is available as a licensed software offering, a hosted solution, a Software-as-a-Service (SaaS) solution and an outsourced service.

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