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Average Ratings 0 Ratings
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
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
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
No
Archiving & Retention
No
Collaboration Tools
No
Compliance Tracking
No
Document Archiving
Yes
Document Assembly
Yes
Document Capture
No
Document Conversion
No
Document Delivery
No
Document Indexing
Yes
Document Retention
No
Electronic Signature
No
Email Management
No
File Recovery
No
File Type Conversion
No
Forms Management
No
Full Text Search
No
Offline Access
Yes
Optical Character Recognition
Yes
Print Management
No
Version Control
No
Product Features
Payment Processing
ACH Check Transactions
No
Bitcoin Compatible
No
Debit Card Support
No
Gift Card Management
No
Mobile Payments
Yes
Online Payments
Yes
POS Transactions
No
Receipt Printing
No
Recurring Billing
No
Signature Capture
Yes