Intellicheck. has been granted a patent for a system that compares information from two documents to determine if they contain matching data. The system includes a document reader that processes and compares information during transactions, generating match or error indications based on the comparison results. GlobalData’s report on Intellicheck gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Intellicheck, AI for workflow management was a key innovation area identified from patents. Intellicheck's grant share as of July 2024 was 72%. Grant share is based on the ratio of number of grants to total number of patents.
Document comparison system for verifying entity information
The patent US12032903B2 describes a sophisticated system designed for document verification during transactions. Central to this system is at least one document reader that performs several key functions: it reads information from two different documents, compares the extracted data, and determines if there is a match. If the information from the two documents lacks a common type, the system generates an error indication. The documents can include various forms of identification, such as driver's licenses, passports, and financial documents like credit cards. Additionally, the information read can be embedded, coded, or encrypted, enhancing security and data integrity.
The system is versatile, accommodating various types of document readers, including card readers, barcode readers, and RFID readers. It can process both electronic and physical documents, and the information extracted may include personal parameters such as names and biometric data. The system is also capable of analyzing the format of the information and providing match indications through visual or audible signals. This technology aims to streamline the verification process while ensuring accuracy and security in transactions involving multiple documents.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
