The Chennai-based startup’s product is powered by Artificial Intelligence. It reads text on cheques, handwritten and printed, and makes cheque clearing easier.
Chennai-based startup DeepQuanty Artificial Intelligence Labs on Monday announced the launch of the company’s first product, SnapChek, that can read handwritten and printed text on a cheque.
The product is an AI-powered engine that can read variables on a cheque such as date, name, amount in words and figures, account number, MICR, and IFSC Code.
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