ParaScript has teamed up with BIRGER, a technology solutions provider in the Eastern African region, to introduce AI-driven check processing to Mauritius Bank.

The collaboration aims to enhance the way commercial banks in Mauritius automate high-volume check processing and bolster fraud detection mechanisms. Combining ParaScript’s and BIRGER’s expertise in delivering technological solutions to the banking sector and financial institutions will result in a robust system with proven check recognition and fraud detection software.

This partnership is expected to enable automated data extraction, fraud detection, and verification for Mauritian banks through ParaScript’s CheckXpert.AI SDK and SignatureXpert.AI SDK. It also marks ParaScript’s initial entry into the African market.

Details of the ParaScript x BIRGER Partnership

BIRGER has already deployed check truncation solutions successfully across multiple banks in Mauritius. As banks and financial institutions aim to minimize manual processes, cut operational costs, and enhance fraud protection measures, BIRGER will continue to offer optimized check processing technology that integrates automation with human verification.

Moreover, ParaScript’s enhanced AI technologies are designed to achieve higher accuracy rates through multi-image processing. These advancements are aimed at reducing manual reviews, identifying fraudulent activities, and providing a tangible return on investment for financial institutions.

The partnership reflects ParaScript’s dedication to supporting financial institutions globally with comprehensive AI-driven solutions for payment processing, fraud prevention, and document automation. Both companies will focus on fulfilling the needs, preferences, and demands of their clients while ensuring compliance with industry regulations and laws.