This fast-growing world is fighting against many crimes that are affecting the reputation of the businesses in the world. For that reason, high efficient technologies are working for the convenience of systems to perform their tasks. Moreover, the pandemic is icing on a cake, that is affecting the productivity of the businesses and converting all workings from manual to digital.
Hence, it is a hard task for businesses to check the bulk amount of data of clients. For those Search engine improvement, ICR App handwriting recognition was practiced which is automated data extraction software and was established in 1993 by Joseph Corcoran.
ICR Document Scanner – The Future Expectation
Intelligent Character Recognition (ICR) is an enhanced version of Optical Character Recognition (OCR) software as a service provider.
The ICR SaaS provider is proficient in extracting the text from images, or in other words. it is an enhanced form of OCR technology. Hence, the ICR document scanner is still on the way to improving itself.
Character Recognition Software Use-cases
The ICR is software that is serving many industries, for a more clear understanding. it is compulsory to have an eye on some examples, like pharmacies, translation apps, financial institutions, healthcare sectors and etc.
In pharmacies sometimes pharmacists are not able to read the names of the medicines written by doctors. that is obvious that the writing of doctors. not this clear or straight that it can be by anyone. for that reason, sometimes some inexperienced pharmacists use the ICR app to read the name of medicine.
On the other side, there are many healthcare sectors that are also using this app to extract the characters by analyzing the medicine slip, which might be pretty old and unable to read. As a result, it allows doctors to read the old prescriptions conveniently. Like this, ICR document scanners perform the screening in bulk in many institutions digitally.
Benefits of ICR Handwriting Recognition
Provide secure and authoritative data
Elicits the text from handwritten notes and convert it into an editable document
It can understand the cursive handwriting
It can accomplish more documents as correlated to OCR technology
Compete with old-fashioned information entry and eliminates its practice for the process of entry
Excludes the possibilities of human error
Diminishes human effort
The only drawback of intelligent character recognition (ICR) is that it is still working on its development.
How ICR Services are Helping Banks?
Verification of documents is essential for authentication of the identity of an individual. Where a person is bound to take a selfie picture and other authentic documents. which are gathered and traced by the ICR App process.
Then, the data is cross-matched in the back office. which acknowledges that the entity is genuine not an imposter. Hence, this is a process a bank steps in with to maintain the reputation and efficiency of their work.
Conclusion
Concluding the above conversation it is confirmed that the ICR technology is very smartly working, and is designed to extract the data from the documents of the individuals for authentication purposes.
Hence, it is efficiently playing the role in the place of OCR.
Author Bio:
This is Danny Hales. I am a technical content writer and contributor to different top-notch websites. I have expertise in writing in the field of Artificial intelligence, Fintech, Business, and Banking.
