Cincinnati, OH, June 10, 2009 – Softpro North America today announced that its holistic fraud detection software suite FraudOne has been chosen by Fifth Third, a leading financial services company headquartered in Cincinnati, Ohio.
Fifth Third’s objectives are to improve staffing efficiencies while significantly improving the detection of fraudulent items. Fifth Third was looking for a solution which enables banks to take necessary precautions to secure the paper-based payment process and prevent losses from check fraud in a truly cost-effective manner. The solution is intended to be rolled out in the second and third quarter of 2009.
Fifth Third chooses Softpro’s FraudOne to Combat Check Fraud
Recommended links for additional information
>> SOFTPRO Newsletter 01/09
featuring topics such as "2008: Breakthrough for Paperless Signing", "E-Signing hits High Street", "Convenience meets Security" and "Fraudster's Nightmare",; a newsticker highlighting some of recent success stories; quotes from Softpro's customers all over the world and a look into the future of signature capturing and verification.
>> Savings Banks in Spain sign digital on Softpro's SignPad
>> Sunrise digitizes signatures with Softpro SignPad and SignDoc
>> Berliner Sparkasse signs paperless with Softpro SignDoc
>> Insurer VPV goes paperless with SignDoc for Contract Signing
>> Outline about the status of Dynamic Signature Verification today
>> Software Development Kit: Integrating Signature Verification into own Applications
>> Softpro's SignDoc: Handwritten Signatures secure Electronic Documents
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| Whitepaper about A Holistic Approach to Reducing Cheque Fraud and Identity Theft |
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Animation about Automatic Signature Verfication based on the FraudOne product compenent SignCheck.
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About SOFTPRO
The SOFTPRO GmbH is a world leader in developing and marketing products and solutions for digital capture, management and verification of handwritten signatures.
The fastest growing line of business are solutions for E-Signing - in particular biometric signatures. SOFTPRO is offering E-Signing software - from the SDK (SignWare) via desktop clients (SignDoc) to a complete platform for Web-based signing (SignDoc Web). The products support a wide range of devices for signature capturing - from basic pen pads up to Tablet PCs. This can lower your costs, accelerate business processes, eliminate errors and protect documents against manipulation. E-Signing with SOFTPRO is environmentally friendly and thus supports Green IT initiatives and Corporate Social responsibility programs.
The second major division of SOFTPRO is the detection of fraud through automated comparison of signatures. This comparison is primarily used for checks. SOFTPRO’s Automatic Signature Verification is also used to secure the postal ballot (e.g. in the United States and the United Kingdom). Additional fraud analysis tools may be added to the verification process. The results of these complex tests are analyzed, weighted and presented as a holistic risk assessment.
SOFTPRO solutions are currently used in 31 countries on five continents. Ten of the world's 25 largest banks are SOFTPRO customers, as well as insurance, retail and telecommunications companies, public administration, the energy and the health sector.
The parent company of the SOFTPRO group is the SOFTPRO GmbH founded 1983 in Boeblingen near Stuttgart. Four subsidiaries are based in the United States, in the United Kingdom, in India and in Singapore. Additional representations operate in Brazil and Lebanon. The group currently employs around sixty people. SOFTPRO's software is developed "made in Germany".
Please contact us for additional information:
SOFTPRO GmbH
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