Understanding Signature Storage and Retrieval System (SSRS)

Signature Storage and Retrieval System (SSRS) is a technology used by banks and financial institutions to store, manage, and retrieve customers’ signatures electronically. SSRS comprises an arrangement where a signature is optically scanned and digitally coded. The signature of the customer is captured electronically using specialized signature capture devices. The captured signature is converted into a digital format, often represented as an image or a vector graphic, and stored in a secure database. The signature data is also associated with the customer’s account or profile, making it easily retrievable when needed. These technologies and devices can be integrated into various banking applications or operated as standalone units.

Signature Verification:

A signature may be verified by keying into data with other correlative information like Bank account numbers stored on a data processing recording media. SSRS incorporates signature verification algorithms to ensure the authenticity of a customer’s signature during various banking transactions. The data processing equipment retrieves the signature data which is then decoded and the signature is displayed on the screen of the cathode ray tube.  When a signature is required for a transaction, such as cheque encashment or account closure, the system can compare the provided signature with the stored digital signature to verify its legitimacy.

Disaster Recovery and Backup:

SSRS technology has robust disaster recovery measures and regular data backups to prevent data loss. This ensures that the signatures remain safe and accessible even during system failures or disasters.

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