automatic check processing & advanced content · pdf fileautomatic check processing &...
TRANSCRIPT
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Automatic Check Processing & Advanced Content Recognition
Scott Powers, Business Development Manager, A2iAGary VanBuhler, Director of Sales,
ImageSoft, Inc.
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Changing Technology
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“Any sufficiently advanced technology is indistinguishable from magic.”
Arthur C. ClarkeBritish Science Fiction Author
“We’re changing the world with technology.”
Bill Gates
"MickeyMinniePlutoHueyLouieDeweyDonaldGoofyLansing"
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Background on Content Recognition
• It all started with “Gismo” in 1951. Followed by Intelligent Machines Research Corporation (IMR)
– Used image analysis, rather than character matching.
• First commercial installation installed at Readers Digest in 1955.
• Second installation at Standard Oil Company for reading Credit Card imprints for billing.
• US Postal Service has been using OCR machines for sorting mail since 1965.
• In 1974 Raymond Kurzweil developed the first omni-font OCR system and built a reading machine for the blind.
– Stevie Wonder bought the first production system in 1976 after hearing a demonstration on the “Today Show”.
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“We’ve come a long way, baby”
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Elements of Content Recognition
• Optical Character Recognition (OCR)– The process of translating scanned images of typewritten text into machine-editable/usable
information.
• Intelligent Character Recognition (ICR)– The process of translating scanned images of hand-printed characters (not cursive) and
convert them into machine-readable characters.
• Optical Mark Recognition (OMR)– The process of detecting the existence of a mark, not its shape, on a scanned image.
• Magnetic Ink Character Recognition (MICR)– Specialized character recognition technology to facilitate check processing. Since background
designs can interfere with optical recognition, the banks use magnetic ink on checks to ensure accuracy.
• Barcode Recognition– Machine-readable representation of information.
• Intelligent Writing Recognition (IWR)– Obtaining cursive information
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Government Challenges
• Reduced Staff
• Reduced Funding
• Still flooded with documents everyday
• Maintain constituent service levels
• Meet public document disclosure regulations
• Get documents into electronic systems quickly– Easy to retrieve
– Meet compliance regulations
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A World Leader: Intelligent Word Recognition
23 Country Versions+
6 Languages+
Arabic in Development
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A2iA: Artificial Intelligence & Image Analysis
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Structured Documents, Forms & Checks:Machine Printed Information
Semi-Structured Documents, Forms & Checks: Handprinted Information
UnstructuredDocuments & Forms:Columnar Data / Data in a List;
Freeform Documents:
Cursive Handwritten Information; Correspondences
From the Simple to the Most Complex
OCR
OCR + ICR
ICR
ICR + IWR
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From the Easiest...
Check box
Machine Print
Combs
Signature detection
Capital
Pre-box
Cursive or freestyle handwriting
Unconstrained Handprint
Extract All Possible Information from Paper
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Remittance:Automated Check Processing
Check 21Remote Deposit Capture
Accounts Receivable
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Automated Check Processing
• Many government documents include accompanying payments;– Parking Tickets
– Licenses
– Tax payments
– Court Fines
– Utility bills
– Registrations
– Applications
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“What if you never had to go to the bank again, and received your funds quicker.”
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Electronic Financial Transactions
• Check 21– The “Check Clearing for the 21st Century ACT”
– This law allows the recipient of the original paper check (you), to create a digital version of the original check (called the “substitute check”), thereby eliminating the need for further handling of the physical check.
• Cash Application Letter (X9-100.197)– Common file format of information extracted from the
scanned paper check for direct electronic deposit to the bank.
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ImageSoft “Check2Bank” Services
• ImageSoft’s Check2Bank provides electronic check processing and bank deposits.– Utilizing A2iA CheckReader technology
– Kofax or OnBase Scanning
– ImageSoft Cash Letter Generator
– ImageSoft Cash Letter Sender
– AR Output File
– OnBase WF
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Compliant TIFF Image
Cash App Letter
•MICR Data•X9-100.187•X9.37•Etc.
ImageSoftCheck2BankSolution
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ImageSoft Check2Bank Solution
• Reduces “Days Sales Outstanding” (DSO)– Get your funds faster– Faster notification of NSFs
• Capture payments at remote locations• Eliminate time and potential errors of posting to ERP system• No proprietary hardware requirements – use the scanners you have
today.• No need to make bank runs for deposits
– Faster– Safer– Less Expensive
• Potential lower bank deposit fees
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A2iA CheckReader Quick Facts
•17 Years of check-processing experience.
•Ability to read every field on a check or related payment document.
•Locates, cleans, de-slants and segments writing into words, numerals and characters.
•Only check-processing engine to detect mismatched CAR/LAR amounts in real-time.
•Contains no third-party technology.
•Proprietary recognition engines: OCR, OMR, ICR and IWR.
•Proprietary, advanced neural network and artificial intelligence.
•Check image quality (IQA), usability (IUA) and negotiability provided in one simple call.
•Efficient use of computer resources, allows for other applications and operations to function
simultaneously.
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Locate, Read & Extract Every Field
Payer Name &Address
Date
Courtesy Amount
PayeeName
LegalAmount
Signature DetectionMICR
MemoLine
Check Number
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Counterfeit Check & Fraud Detectionat the Merchant or Point of Care
Characteristics of Handwriting Styleon Legal Amount Line
Location, Size and Style of Currency Sign
Name and Address Block Location and Encrypted Values
Courtesy AmountField Location
“To the Order Of” -Wording and Location
Font style and size of the letter “D” in the word ‘Date”
Check Number Fields Mismatch Detection
Location of Lines Relative to Each Other
Date FieldLocation
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Deposit Slip & Coupon Recognition
Account Number
MICR
DateItemAmounts
Total AmountDeposited
Customer Identifying Information:Name, Street Address, City, State, Zip
SignatureDetection
DepositType
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Advanced Document ClassificationThe Next Frontier
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Classification of Multi-Page Documents
A class can be multiple pages of the same document…
…Different pages that relate to one another based on their topic / subject
matter
Application form, supporting letter of reference, and a check to process the application.
Application forms
- OR -
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Layout Clues for Classification
Logos
Handwritten Text Detection Keywords
Lines and Frames
Machine-Printed Text Detection
Size of the Documents
Titles, Subtitles
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A Total Solution
Classification
OnBase
Archive
AP/AR
Mixed
Checks
Documents
A2iA Document Reader +A2iA Check Reader
A2iA Document Reader +A2iA Document Keyer
A2iA Check Reader
IT System
ImageSoftClassificationApplications
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QUESTIONS?
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Intelligent Word Recognition: IWR
“Intelligent Word Recognition (IWR) technology lies at the heart of A2iA. IWR is optimized for data…on real-world documents that contain mostly free-form, hard-to-recognize handwriting that is
inherently unsuitable for ICR.
The best use of IWR is to eliminate a high percentage of the manual entry of handwritten data and run-on hand print fields on documents
that otherwise could be keyed only by humans.”
Arthur Gringade, ICPPartner, Imerge Consulting“Using IWR to Cut LaborCosts Without Outsourcing”
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Forms & Handwritten DocumentProcessing
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Advanced Content Recognition
• Eliminate the manual keying of government documents and automating workflow for a more seamless, budget friendly document process.
• Incorporate handwriting into your workflow by extracting machine print through to complex, cursive handwriting from structured and unstructured documents on all types of forms, documents and archives.
• Properly route information to the appropriate departments or workflow; index documents by layout and content with A2iA’s holistic methodology.
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"BO" or number "130" ?
Alpha or Numeric Content ?
Alpha or Numeric Content?
Recognition in Context, Using Field Configuration
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Reading of fields automatically identified near a pre-defined sign (currency sign or a pre-printed keyword).
Locate and Extract Data
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Automated Forms Processing
Reduce KeyingEnsure ConfidentialityConsistent Data Accuracy
Handwritten Fields• Names, Addresses, DOB, Codes
Machine Printed DataCheck BoxesDatesDollar AmountsSSNBilling CodesID Numbers
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Classification of Handwritten Documents• Geometric & Content Analysis• Interfaced with country dictionary & user-defined databases
Extraction of Handwritten Data
212-555-1234
123-45-6789
Mr. John Smith
Transcription / Keyword Spotting
Content-Based Classification
How is Handwritten Data Processed?
• All types of information: alpha, numeric, alpha numeric.
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User-Defined Trade Dictionary
Through a user-defined or trade dictionary, A2iA achieves higher accuracy even on the most complex cursive handwritten documents.
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Keyword Spotting
A2iA DocumentReader automatically extracts and recognizes user-defined keywords and key expressions in a cursive paragraph.
Potential Uses: Redaction, Compliance, E-Discovery, De-Classification
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ImageSoft Check2Bank Solution
• Components
– A2iA CheckReader
– Kofax or OnBase scanning
– ImageSoft Cash Letter Generator
– ImageSoft Cash Letter Sender
– AR Output File
– OnBase Workflow
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