Payments

10:40 AM
Connect Directly
RSS
E-Mail
50%
50%

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.

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Dec. 2, 2014
BS&T's 2014 Elite 8 executives are leading their banks to success, whether it involves leveraging the cloud, modernizing core systems, or transforming into digital enterprises.
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.