Under the deal, the companies are sent to roll out a joint implementation that combines the SENTRY SigCheck signature verification system with Parascripts signature authentication technology at one of the five largest banks in Brazil. The signature verification system, implemented and integrated by Bull, was also deployed in a similar fashion at Banco Banrisul earlier this year.
SQNs SigCheck extracts one or more side-by-side signatures from cheques and verifies them using Parascripts SignatureXpert, in order to prevent fraud. Parascripts signature verification technology is also currently being used in the United States, United Kingdom, Zimbabwe, United Arab Emirates and Kenya.
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