Monday, January 4, 2010

Parascript Wins Brazilian Bank

Boulder-based Parascript, a provider of image analysis and pattern recognition software, said today that it has won a implementation with one of the five largest banks in Brazil. The firm said it is in a joint win with SQN Banking Systems and Bull to implement a signature verification system for the bank, to help in the area of fraud prevention. Financial impact of the win was not disclosed.