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Description
DocumentReader™ serves as a robust engine for document classification and key-field extraction, facilitating effective workflow automation and the conversion of digital files for prominent businesses around the globe through advanced document automation techniques. This innovative technology from Mitek features a distinctive capability to autonomously determine the type of document, directing each one to the suitable workflow based on its layout and content, while also extracting crucial identifying fields and phrases. For many organizations, handling complex documents can pose significant challenges in achieving streamlined workflow automation, as they often require human intervention to assess, interpret, and categorize the information, leading to decreased productivity and elevated expenses. Increased human involvement often translates to higher labor costs, the emergence of process bottlenecks, and prolonged processing durations. By automating the redundant manual tasks associated with document sorting and the entry of essential fields and phrases, DocumentReader™ effectively alleviates these operational challenges, ultimately enhancing efficiency and reducing costs in the document management process. As a result, companies can redirect their resources toward more value-added activities, further driving their overall success.
Description
Recognizing the importance of data precision and automation in the fintech industry, Mitek's dedicated research and development teams have introduced an innovative method for check image recognition. This new solution, known as XE™, delivers substantial benefits, such as enhanced straight-through processing rates, by utilizing a recurrent neural network (RNN)-based engine that achieves markedly higher accuracy than competing products. Furthermore, XE™ features a versatile and customizable design that integrates seamlessly into comprehensive payment, omnichannel, and banking systems, enabling automatic identification and extraction of essential check details, including the amount (both Courtesy Amount – CAR and Legal Amount – LAR), date, and payee name, irrespective of whether the writing is in printed form or cursive. Additionally, the toolkit incorporates advanced image quality analysis (IQA) and image usability analysis (IUA) to verify that the check aligns with Check 21 standards as well as other relevant industry and regulatory requirements. This innovative approach positions Mitek as a leader in the fintech space, addressing the growing demand for precise and efficient financial solutions.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Mitek (A2iA)
Founded
1991
Country
France
Website
www.a2ia.com/en
Vendor Details
Company Name
Mitek (A2iA)
Founded
1991
Country
France
Website
www.a2ia.com/en
Product Features
Document Management
Access Controls
Archiving & Retention
Collaboration Tools
Compliance Tracking
Document Archiving
Document Assembly
Document Capture
Document Conversion
Document Delivery
Document Indexing
Document Retention
Electronic Signature
Email Management
File Recovery
File Type Conversion
Forms Management
Full Text Search
Offline Access
Optical Character Recognition
Print Management
Version Control
Product Features
Payment Processing
ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture