siliconindia | | May 20178SIGNATURE VERIFICATION GETS SMARTER WITH AIBy Mark Gallagher, VP ­ Sales, ParascriptSignature verification gets smarter by bringing Ar-tificial Intelligence (AI) into the automation pro-cess. Today's newest AI technologies are emerg-ing from the private sector far more often than from government think tanks or exclusive corporate labs. Advanced signature verification software is, for example, capable of matching and can even be superior to human skills in verifying signature authenticity. Your Unique SignatureHandwritten signatures may one day go the way of the Dodo bird to be replaced by other biometric identifica-tion methods, technologies and solutions. However, in the foreseeable future, traditional `wet ink' signatures will continue to be relied upon for identification and autho-rization. Handwritten or wet ink signatures are the most common ways to complete legal documents of all types, from checks and wire transfers to contracts.Part of this reliance on signatures is the fact that it is unique to an individual. The challenges are in distin-guishing between different peoples' signatures and also in verifying that multiple signatures belong to the same individual. From one day to the next, an individual's own signature can vary significantly. Signers and sig-nature verifiers (humans) are both impacted by many factors such as mood, environment, the writing tool, the writing surface and level of fatigue or distraction to name just a few. Therefore, a certain level of variability between genuine signatures is expected and considered when banks, businesses and governments leverage hu-man experts to verify signature authenticity or AI deep learning software.IN MY OPINIONHeadquartered in Colorado, Parascript is a Computer Software company that automatically extracts meaningful and contextual data from image and document-based information to support transactions, information governance, fraud prevention, and business processes.
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