ParaScript, a leader in AI-powered document processing, has introduced CheckStock.AI®, a new solution designed to strengthen check fraud detection. Announced on July 9, 2025, this advanced tool leverages image analysis and pattern recognition to identify counterfeit checks, unauthorized stock designs, and alterations, offering financial institutions a robust defense against fraud while improving operational efficiency.
ParaScript launches CheckStock.AI® for advanced check fraud detection.
Uses AI-driven image analysis to identify counterfeit checks and alterations.
Compares check stock elements like logos and watermarks to verified references.
Reduces false positives and manual review time for financial institutions.
Applicable to non-check documents like diplomas and contracts.
Enhances customer experience by minimizing fraud-related disruptions.
CheckStock.AI® builds on ParaScript’s existing fraud detection capabilities, using a new AI foundation to analyze preprinted check elements such as field labels, security features, logos, and watermarks. By comparing these against verified reference images tied to specific accounts, the solution detects subtle discrepancies that may indicate fraud. “Check stock verification is a critical method for preventing check fraud,” said Emiliano Giacchetti, CEO of ParaScript. “Our multi-layered verification approach gives financial institutions a faster way to verify the integrity of the checks and documents they process.”
The automation provided by CheckStock.AI® accelerates fraud detection for both physical and remote check deposits, significantly reducing false positives and manual review time. When inconsistencies are detected, the system highlights specific areas for further investigation, enabling financial institutions to act swiftly. This efficiency not only cuts fraud losses but also frees up resources, allowing banks to focus on growth and customer service. The solution’s precision helps maintain customer trust by minimizing disruptions caused by fraudulent activities.
Beyond check processing, CheckStock.AI® extends its capabilities to non-check documents like diplomas, certificates, contracts, and licenses that feature consistent preprinted zones or predefined layouts. This versatility makes it a valuable tool for industries requiring secure document verification, ensuring authenticity across various formats. ParaScript’s technology, which processes over 100 billion documents annually, supports leading financial institutions and corporations globally, enhancing both accuracy and efficiency.
CheckStock.AI® addresses the growing challenge of check fraud, which the 2018 ABA Deposit Account Fraud Survey estimated at $1.3 billion in losses. By automating verification with AI-driven image analysis and pattern recognition, ParaScript enables banks to stay ahead of sophisticated fraud schemes. The solution integrates seamlessly into existing systems, supporting front- and back-office operations for remote deposits, teller transactions, and mobile banking, aligning with regulatory requirements like Regulation CC.
ParaScript’s launch of CheckStock.AI® marks a significant advancement in combating check fraud, offering financial institutions a powerful tool to protect assets and enhance customer experiences. By automating verification and reducing manual oversight, CheckStock.AI® not only strengthens security but also positions banks to focus on innovation and service excellence in a competitive market.
ParaScript develops AI-powered recognition solutions that process over 100 billion documents annually and touch nearly everyone in the US who sends mail or writes checks. Leading financial institutions, government agencies, and corporations in the US, Europe, Latin America and Australia rely on ParaScript to automate their document processing, improving efficiency and accuracy, while reducing costs.
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