Indian Fake Currency Detection using Image Processing: A Review

Paper currency identification is one of the image processing techniques i.e. clothed to recognize currency of different countries. The paper currencies of different countries are collectively rises ever more. However, the main intention of most of the standard currency recognition systems and machines is on recognizing fake currencies. The features are extracted by using image processing toolbox in MATLAB and preprocessed by reducing the data size in captured image. The expose pluck out is discharged by considering HSV (Hue Saturation Value). The chief is neural network classifier and the next step is recognition. MATLAB is used to evolve this program. The new source of paper currency recognition is pattern recognition. But for currency recognition, converter system is an image processing method which is used to identify currency and transfer it into the other currencies as the users need. The need of currency recognition and converters is accurately to recognize the currencies and transfer the currency immediately into the other currency. This application uses the computing energy in differentiation among different kinds of currencies are differentiated with their suitable class using power computing. Fake note at present plays a key topic for the researchers. The recognition system is composed of two parts. First is the captured image and the second is recognition. Forged currencies recognition is the main aim of the standard paper currency identification system. The most mandatory system is currency identification system and it should be very accurate. The performance of different methods are surveyed to refine the exactness of currency recognition system

A Review on Fake Currency Detection using Image Processing

Paper currency identification is one of the image processing techniques i.e. clothed to recognize currency of different countries. The paper currencies of different countries are collectively rises ever more. However, the main intention of most of the standard currency recognition systems and machines is on recognizing fake currencies. The features are extracted by using image processing toolbox in MATLAB and preprocessed by reducing the data size in captured image. The expose pluck out is discharged by considering HSV (Hue Saturation Value). The chief is neural network classifier and the next step is recognition. MATLAB is used to evolve this program. The new source of paper currency recognition is pattern recognition. But for currency recognition, converter system is an image processing method which is used to identify currency and transfer it into the other currencies as the users need. The need of currency recognition and converters is accurately to recognize the currencies and transfer the currency immediately into the other currency. This application uses the computing energy in differentiation among different kinds of currencies are differentiated with their suitable class using power computing. Fake note at present plays a key topic for the researchers. The recognition system is composed of two parts. First is the captured image and the second is recognition. Forged currencies recognition is the main aim of the standard paper currency identification system. The most mandatory system is currency identification system and it should be very accurate. The performance of different methods are surveyed to refine the exactness of currency recognition system

Geometric and Grayscale Template Matching for Saudi Arabian Riyal Paper Currency Recognition

Detecting the authenticity of paper currencies using automated based Paper Currency Recognition (PCR) with image processing techniques was still a hot topic of discussion, due to the circulation of counterfeit currency that was still overwhelming in some countries. There was a downside along with this advancement in technology in the field of color printing, duplication, and scanning, because it was became one of the supporting factors of the increasing crime rate in production of counterfeit money. Our system has performed a PCR approach based on image processing techniques. In this study, the SAR banknote was the object to be recognized and detected its authenticity with the development of the previous method, which was incorporating the Geometric Template Matching and Grayscale Template Matching. In addition to the pattern recognition process, the classification process on 1 SAR, 2 SAR, 5 SAR, and 10 SAR was also performed. From PCR test up to 100 sample data, for each tested banknote value obtained the average value of the best accuracy level from incorporating GeoMatchingScore and GrayMatchingScore for the classification process was 95.25%. While the average level of system accuracy in recognizing counterfeit money on each banknote obtained a maximum value of 100%

Currency recognition using a smartphone: Comparison between color SIFT and gray scale SIFT algorithms

AbstractBanknote recognition means classifying the currency (coin and paper) to the correct class. In this paper, we developed a dataset for Jordanian currency. After that we applied automatic mobile recognition system using a smartphone on the dataset using scale-invariant feature transform (SIFT) algorithm. This is the first attempt, to the best of the authors knowledge, to recognize both coins and paper banknotes on a smartphone using SIFT algorithm. SIFT has been developed to be the most robust and efficient local invariant feature descriptor. Color provides significant information and important values in the object description process and matching tasks. Many objects cannot be classified correctly without their color features. We compared between two approaches colored local invariant feature descriptor (color SIFT approach) and gray image local invariant feature descriptor (gray SIFT approach). The evaluation results show that the color SIFT approach outperforms the gray SIFT approach in terms of processing time and accuracy

Mobile Based Smart Currency Detection System For Visually Impaired

India holds the largest population for visually impaired people which keeps on increasing day by day. In this study, I would like to suggest an implementation of a system that deal with currency recognition for visually impaired using image processing techniques such as segmentation and feature extraction. In addition to this, K- nearest neighbor and canny edge detection algorithm is also used

Iranian cashes recognition using mobile

In economical societies of today, using cash is an inseparable aspect of human life. People use cashes for marketing, services, entertainments, bank operations and so on. This huge amount of contact with cash and the necessity of knowing the monetary value of it caused one of the most challenging problems for visually impaired people. In this paper we propose a mobile phone based approach to identify monetary value of a picture taken from cashes using some image processing and machine vision techniques. While the developed approach is very fast, it can recognize the value of cash by average accuracy of about 95% and can overcome different challenges like rotation, scaling, collision, illumination changes, perspective, and some others.Comment: arXiv #13370

CloudScan - A configuration-free invoice analysis system using recurrent neural networks

We present CloudScan; an invoice analysis system that requires zero configuration or upfront annotation. In contrast to previous work, CloudScan does not rely on templates of invoice layout, instead it learns a single global model of invoices that naturally generalizes to unseen invoice layouts. The model is trained using data automatically extracted from end-user provided feedback. This automatic training data extraction removes the requirement for users to annotate the data precisely. We describe a recurrent neural network model that can capture long range context and compare it to a baseline logistic regression model corresponding to the current CloudScan production system. We train and evaluate the system on 8 important fields using a dataset of 326,471 invoices. The recurrent neural network and baseline model achieve 0.891 and 0.887 average F1 scores respectively on seen invoice layouts. For the harder task of unseen invoice layouts, the recurrent neural network model outperforms the baseline with 0.840 average F1 compared to 0.788.Comment: Presented at ICDAR 201