Automating OCR of Banknote Serial Numbers – Case Study

ocr technology in banking

Banknote Serial Number OCR – Our clients fall into the banking sector. Established in the year 1935, to respond to the economic troubles. The basic function is to regulate the issue of Banknotes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage.

Problems Faced By Our Client :

  • High bundling frequency and low manual printing speed causing the low production rate
  • Encountering a few errors in the manual recording of the serial number printed on notes causing incorrect counting

 

 

 

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