A2iA, the worldwide leading software developer of tools for handwritten and machine-printed text recognition, data extraction, and the intelligent classification of paper documents, announced that it has extended its relationship with Panini, the global market share leader in distributed capture. For more than 10-years, the organizations have offered a worldwide, scalable solution that addresses the complete range of check-processing needs across a wide variety of global industries.
Since the start of distributed capture, A2iA CheckReader, a set of advanced image analysis and intelligent recognition engines that capture information from every data point on a check, has been integrated with the Panini Vision X scanners, and most recently added to the new Panini I:Deal check scanner, to provide codeline verification. By reading the MICR line (Magnetic Ink Character Recognition) both optically with A2iA’s proprietary recognition engines, and magnetically with Panini’s MICR Plus technology, the most accurate data is sent for clearing with reduced MICR rejects and misreads. Users working with this integrated solution receive over 99% MICR read rates, enabling an incremental reduction of labor required to perform manual corrections, decreased operating expenses, faster processing times and availability of funds, and improved customer service levels.
“We have experienced a very successful and long term relationship with A2iA, and are delighted to extend our relationship with new products and markets,” states Michael Pratt, Chief Marketing Officer, Panini. “Accurate MICR reading is critical to distributed capture success, so we know our customers will appreciate the combination of A2iA CheckReader with our market-leading check scanners for optimal data capture results.”
Both A2iA and Panini are driven by disciplined research and development, committed to addressing the specific needs and requirements of the marketplace. By combining innovative products and solutions from both organizations, users receive a complete foundation for Check 21 check truncation initiatives with built-in check image quality and usability features.
Availability: The Panini I:Deal and Panini Vision X scanners, incorporating A2iA CheckReader functionality, are available worldwide through Panini’s global network of distributors and resellers.
More Recent News
docSTAR Document Management Available Through Government Contract
Nuance Releases Nuance PDF Converter Enterprise 7
BLI Blog: Xerox DocuShare CPX Is Not Your Cookie-Cutter DMS
Recent BLI Briefs & Reports
Xerox DocuShare CPX 6.5
PaperCut MF V10.2
Kyocera KYOcapture Express 5.0