Document capture with advanced machine learning

Parascript has introduced a data location, extraction and verification software solution that deploys template-less, neural network-based document extraction. Parascript says it has'productised' it's machine learning platform to support custom-developed recognition projects with much quicker turnaround than traditional rules-based approaches. The result is significantly faster production with more reliable and refined results. "Machine learning offers a whole new set of opportunities for organisations across many industries to more precisely streamline their operations and deliver rapid, accurate data to their clients," said Greg Council, Vice President of Marketing and Product Management. Traditional recognition and capture solutions often successfully use business rules to process information.