Automating Data Entry Forms for Banks Using OCR and CNN: Survey

Maithilee Vaidya · International Journal for Research in Applied Science and Engineering Technology · 2019

Digitalization of money transfer is a must in the present situation of banking operations. Clients have a variety of ways to carry out transactions, such as credit, wiring money, and so forth. However, depositing cash requires the physical presence of the depositor at the bank, and cashier needs to enroll the transaction into the system, which slows down the rate of money deposit and teller's activity. To accelerate the process, banks around the world have to adapt and construct guidelines for a digital deposit. To accurately digitize and transmit deposit slip information from smartphones to the bank, a scheme called "Automating Data Entry Forms for Banks Using OCR and CNN". The deposit slip scanner algorithm is based on input from the Smartphone camera.

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