Banknote portrait detection using convolutional neural network

Abstract

Banknotes generally have different designs according to their denominations. Thus, if characteristics of each design can be recognized, they can be used for sorting banknotes according to denominations. Portrait in banknotes is one such characteristic that can be used for classification. A sorting system for banknotes can be designed that recognizes portraits in each banknote and sort it accordingly. In this paper, our aim is to automate the configuration of such a sorting system by automatically detect portraits in sample banknotes, so that it can be quickly deployed in a new target country. We use Convolutional Neural Networks to detect portraits in completely new set of banknotes robust to variation in the ways they are shown, such as the size and the orientation of the face.