The algorithm developed by tech entrepreneur Mahadevan Jayaram’s firm has been tested on more than 20,000 handwritten signatures to establish their genuineness
A consummate marketer-turned-technology entrepreneur, Mahadevan Jayaram is trying to find out solutions to an age-old problem faced by banks — cheque clearance.
Any bank officials involved in the clearance process will tell you about the precision involved and the repercussions of clearing a faulty cheque. Jayaram, co-founder of Chennai-based DeepQuanty Artificial Intelligence Labs, is trying to automate the process which will not only save a lot of costs for banks …