MMC Global introduces a state-of-the-art cheque verification system leveraging OCR and MICR technologies. Upload a cheque image to swiftly extract detailed information, ensuring security against counterfeit cheques. Revolutionize financial sector integrity with MMC Global’s advanced solution.
Image Verification
Our cheque validation system follows a meticulous series of steps to ensure accuracy and security:
Image Processing
Upon confirming the validity of the cheque image, our system performs image processing techniques aimed at enhancing OCR accuracy and MICR readability. Tasks include resizing, noise reduction, and contrast enhancement.
Data Extraction
Using Optical Character Recognition (OCR) and Magnetic Ink Character Recognition (MICR) technologies, the system extracts essential data from the cheque image. This includes account numbers, routing numbers, payee names, check amounts, and dates.
Verification Algorithms
he extracted data undergoes verification using robust algorithms:
Account and Routing Number Verification
Cross-referencing against a database of valid numbers ensures the authenticity of account and routing numbers.
Payee Name Verification
Verifying the payee name against recorded data to detect potential discrepancies or fraudulent activity.
Check Amount Verification
Validating the check amount against predefined patterns or limits, with checks above certain thresholds triggering additional scrutiny.
Date Verification
Ensuring that the date on the cheque falls within a valid range and hasn’t been altered.
Machine Learning Fraud Detection
Leveraging machine learning algorithms trained on historical data, the system identifies anomalies or fraudulent patterns in cheque transactions. This enhances the system’s ability to detect and prevent fraudulent activities.
Date Verification
Ensuring that the date on the cheque falls within a valid range and hasn’t been altered.
Advanced AI-Powered Cheque Verification System
Our check validation system starts by verifying the legitimacy of the cheque image. It extracts essential data using OCR and MICR technologies, followed by thorough verification, including machine learning for fraudulent activity detection. The result is a secure validation of the cheque.
Our Development Process
Planning & Execution
From gathering requirements to brainstorming unique ideas, our first step is to listen to our client’s preferences and plan the whole project deliverables to create a deadline.
Design & Prototype
We align professional designers to work on creating the user interface, from low-fidelity to high-fidelity design and prototyping, which must deliver an exceptional user experience.
Development
Our development process involves writing custom codes and integrating APIs to make the design functional of extensive resources of diverse technology to be parallel with industry-competitive solutions of preferred tech stack to build complex features and functionalities.
Testing
To verify and evaluate the quality of the codebase, our testing process ensures that every corner of the solution is working and bug-free before delivering the project.
Launch & Maintenance
Proper design and development, along with implementing security protocols, allow us to launch safe, bug-free products that fulfill our clients’ requirements.Our Some Great Work On Mobile App Products
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What Our Clients Are Saying
Outstanding Customer Satisfaction
Great experience working with this excellent team for the development and launch of my App. Worked closely with key members Trevor, Jessica & Moona who all displayed diligence and constant sense of urgency. Prompt attention and quick resolution of concerns contributed to a seamless experience.
Chantal Wega
Founder
A Game-Changer for My Business!
My experience was 5/5 and it started with customer service. After speaking with Trevor he helped me out a lot. He even sent me a few options to see what project I liked the most. He gave a timeline for when the team would complete the job I asked for and they were right on time. Will absolutely return for future projects.
Matt Connelly
CEO
Flawless Service
I would definitely recommend this company. Trevor Michaels, Project Coordinator was AMAZING from beginning to end. He was thorough, patient and understood the task at hand. We were truly pleased with the outcome. Thanks again Trevor for your professionalism and for providing flawless service!
Karen Popplewell
Owner
Top-Notch Services
Richard and his team did a great job contacting me and keeping me updated regarding my project. I was in the process of trying to build my project on my own, and it looked terrible; however, Richard and his team saved my project. I will keep in touch with this company when I need their help again.
Dawn Brown
Entrepreneur