Banknote identification based on characteristic differences

Abstract

A method for banknote identification has been developed. As a prerequisite for this process, an ATM stores records captured from accepted banknotes, including customer's information for identification. The proposed method is implemented when a counterfeit banknote is detected. The ATM identifies a record corresponding to the counterfeit banknote among the stored records, assisting in the identification of the customer who used it. This identification is carried out by exploiting characteristic differences between counterfeit and genuine banknotes. These differences are defined in terms of positions and magnitudes of variations. An experiment using simulated banknotes was conducted to assess the effectiveness of the proposed method. Additionally, another experiment involving digitally synthesized banknotes was conducted to determine the performance limits of the proposed method.