2021 Year in Review: Advancements in Business Technologies and ID Verification

by | Jan 28, 2022

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2021 Year in Review: Advancements in OCR for Business Technologies

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Scanning at the Speed of Light

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  • New software has made the scanning of credit cards twice as fast, with cards now recognized in just 0.035 seconds.

  • New QR-code reading capabilities has increased scanning speeds by a factor of 1.6, and reduced the number of unread codes by roughly one third.

  • Over the past year, the speed of scanning ID documents increased by 40%.

  • The new eight-bit inference model accelerated neural network processing by 40%.

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Improved Accuracy

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  • In 2021, the error rate for scanned documents decreased by 15%.

  • Card scanning accuracy reached over 99%

  • The implementation of OCR Solutions software in e-gates at a major International airport allows for contact-less border control on international flights.

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Coverage

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  • 21 Payment systems supported

  • 316 new document types and 513 new templates added

  • Support for over 1,800 Ids, credit cards, and barcodes from over 210 countries

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New Features

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  • WebAssembly support: document scanning within a web page.

  • Debit and credit card scanning from photo and KYC mode for cards (with a partly hidden number).

  • Supports scanning and decoding of AAMVA barcodes.

  • Scanning of ID cards from both sides in a single session.

  • Multiple barcodes scanning mode.

  • Russian passport scanning in projective mode on a mobile phone.

  • Support of Arabic and Persian ligatures.

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