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Convolutional Neural Network Based Serial Number Recognition Method for Indian Rupee Banknotes

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Advances in Computer Science and Ubiquitous Computing (CUTE 2017, CSA 2017)

Abstract

The recognition of the banknote serial number, which constitutes important data used for various purposes is one of the important functions of banknote counters. However, traditional character recognition methods are limited in terms of speed and performance of serial number recognition. Therefore, in this paper, we propose a character extraction method based on the aspect ratio of banknotes and a character recognition method based on a convolutional neural network (CNN). For character extraction, de-skewing was performed first. Then, the serial number was estimated on the basis of the aspect ratio of the banknote. Further, we designed four types of CNN-based neural networks for character recognition and adopted the most appropriate neural network. Subsequently, we confirmed that the average recognition performance per character for each neural network was 99.85%.

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Acknowledgments

This research was supported by the MSIT(Ministry of Science and ICT), Korea, under the ITRC(Information Technology Research Center) support program (1711054867) supervised by the IITP(Institute for Information & communications Technology Promotion).

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Correspondence to Eui Chul Lee .

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Jang, U., Lee, E.C. (2018). Convolutional Neural Network Based Serial Number Recognition Method for Indian Rupee Banknotes. In: Park, J., Loia, V., Yi, G., Sung, Y. (eds) Advances in Computer Science and Ubiquitous Computing. CUTE CSA 2017 2017. Lecture Notes in Electrical Engineering, vol 474. Springer, Singapore. https://doi.org/10.1007/978-981-10-7605-3_230

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  • DOI: https://doi.org/10.1007/978-981-10-7605-3_230

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-10-7604-6

  • Online ISBN: 978-981-10-7605-3

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