ParaScript has entered into a partnership with Endurance Italia to deliver enhanced check fraud detection and signature verification capabilities to financial institutions across Italy.
The collaboration is expected to strengthen fraud prevention infrastructure within the country’s banking and financial services sector. This is expected to be achieved by embedding ParaScript’s artificial intelligence (AI)-driven technologies into Endurance Italia’s existing intelligent document processing (IDP) platforms.
Under the arrangement, Endurance Italia will incorporate ParaScript’s solutions into its document recognition systems to support financial institutions in identifying fraudulent activity related to cheques.
The integration will be applied across a range of deployment models including on-premise, cloud, and hybrid environments, offering flexible access for a variety of institutions. This move also marks an expansion of ParaScript’s operational presence within the European market.
Endurance Italia chief operating officer Riccardo Di Mambro said: “We chose to partner with ParaScript to enhance our ability to help organisations respond to customer needs more effectively by incorporating fraud prevention protocols, check fraud detection, and signature verification into our Intelligent Document Processing framework.”
ParaScript develops AI software that processes more than 100 billion documents annually, supporting operations in the US, Europe, Latin America, and Australia. Its technologies are used by banks, government bodies, and corporations to automate complex document workflows, with an emphasis on improving operational efficiency, accuracy, and regulatory compliance.
Endurance Italia has operated in Italy’s document automation industry for nearly three decades, offering IDP solutions to both public and private sector organisations.
The company’s platforms support scalable document processing capabilities, which are used by thousands of users and enable the handling of millions of documents daily.
ParaScript sales senior vice president David Gerber said: “Endurance has been delivering transformative process automation solutions for nearly 30 years.
“We believe our partnership and shared vision of delivering the most advanced digital transformation solutions will provide additional opportunities to help clients achieve the results they deserve.”
The deployment of ParaScript’s tools will include advanced technologies such as mobile onboarding, automated loan and mortgage application processing, and high-volume cheque recognition. These features are intended to streamline customer identity verification and enable end-to-end document workflow automation.
