Company History
The company was founded in 1983 by Heinz Reschke. It initially developed individual software solutions for various industries. Visual comparison of signatures supported by PCs was started in 1987, triggered by growing demand from major financial institutions. Shortly afterwards the development of automatic signature verification started along with IBM's labs in nearby Schönaich and APP Informatik Davos from Switzerland. The automatic verification is based on a neural network and fuzzy logic. The first automatic verification went into production in 1994 at Credit Suisse. Intellectual property rights for the automatic signature verification were acquired from IBM in 1998.
In recent years SOFTPRO extended its product range through a check fraud prevention suite branded FraudOne and products to create electronic signatures based on the use and verification of dynamic (biometric) characteristics of signatures.
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