Orbograph and ALL|MY|PAPERS Form Alliance for Remote Deposit Capture & Mobile Marketplace
Complementing technologies improve efficiency and reduce risk of fraud
BILLERICA, Mass., Sept. 25, 2012 /PRNewswire/ -- Orbograph, a leading supplier of recognition solutions for the U.S. check processing market as well as end-to-end electronic payment solutions for healthcare revenue cycle management, announced today an alliance partnership with ALL MY PAPERS.
ALL MY PAPERS (AMP), a developer and distributor of software products that address critical interoperability and data integrity issues for check image exchange, provides industry leading MICR OCR, image preparation, cleaning and binarization within the All My Checks(TM) software suite. All My Checks (AMC) is a Windows-based software application that finds and extracts check images and MICR information from a variety of scanned and photographed document images and outputs exchange-ready check images along with associated formatted MICR data. AMC creates and formats the images into an ICL file incorporating any companion document requirements. With AMC, virtually every scanner or smart phone can become a check scanner.
The alliance was created so application developers, system integrators, Independent Software Vendors (ISV), service bureaus and end-user clients of corporate, consumer and mobile RDC systems can maximize check recognition performance via an integrated AMC image toolkit, thereby improving the RDC user experience and reducing check fraud.
Orbograph's new Automation Services for RDC(TM) includes over 20 check recognition capabilities which can be enhanced by AMC including:
-- Multi-engine Courtesy Amount Recognition (CAR) and Legal Amount
Recognition (LAR)
-- Image Quality Assurance (IQA), Image Usability Assurance (IUA)
-- Image Integrity (II): Confirmation that the right image is associated
with the MICR line
-- Automated Endorsement Analysis (AEA): Confirmation of the presence of an
endorsement on the back of the check
-- Signature Detection: Confirmation of the presence of a signature on
personal and business checks
-- Payee Name Verification/Payee Matching: Confirmation of an account
holder name on check
-- Payer Recognition
-- Managed Recognition reporting
Commenting on the alliance between the two companies, Mr. Bill Lange, Vice President of ALL MY PAPERS, said: "We tested the Orbograph recognition system with the goal of optimizing performance on difficult to read images that we binarized and formatted. We were very successful and recommend the Orbograph recognition system to clients who require CAR/LAR and recognition of other fields in remittance and RDC environments."
"There are tremendous synergies between the All My Checks toolkit and our Automation Services for RDC," stated Barry Cohen, Co-President for Orbograph. "We are pleased to be working with a company who provides high quality image prep for checks captured on almost any device."
About ALL MY PAPERS
Saratoga, Calif.-based All My Papers (AMP) is a developer and distributor of software toolkits and applications. AMP's core competency is Image Cash Letter (ICL) processing software. Products include the technologies required to perform interoperability and data integrity processes such as: extract MICR data from check images; validate check data; view, edit, and conformance-check ICLs letters; and print IRDs. For more information about All My Papers, visit the company's website at http://www.allmypapers.com.
About Orbograph
Orbograph (http://www.orbograph.com), a subsidiary of Orbotech, is a premier provider of recognition-centric services and software for check processing in the financial industry and end-to-end electronic solutions in healthcare revenue cycle management (RCM). Orbograph technologies are in use in over 1,000 financial institutions, service bureaus and billers processing billions of checks and claims annually. Orbograph solutions are utilized by 20 of the top 30 U.S. financial institutions with in-house check processing. In healthcare payments, Orbograph P2Post(TM) and Orbograph E2Post(TM) utilize innovative EOB conversion technologies to automate posting of receivables into practice management systems. Orbograph enables clients to envision more for their organization by reducing costs and managing risk while ensuring that achieving more is a reality.
NOTE: Actual performance may vary according to hardware used, configuration or other factors within your processing environment. Statistics cited in this release do not constitute guarantees of performance. For more information, visit us online at http://www.orbograph.com.
SOURCE Orbograph
Orbograph
CONTACT: Joe Gregory, VP Marketing, +1-800-995-2502 Ext. 5046, joe.gregory@orbograph.com