SingTown Technology Develops Innovative Banknote Counting AI Vision Solution Based on OpenMV

SingTown Technology's AI intelligent camera system based on OpenMV enables automatic recognition and classification of banknote denominations. Utilising machine vision and image recognition technology, the system accurately detects the colour, patterns, and numerical features of various banknotes, swiftly determines their denominations, and performs automatic recording or classification. It is widely applied in fields such as self-service vending machines, financial cash counting equipment, and educational training.

In scenarios such as automatic payment, cash counting, counterfeit detection, and teaching demonstrations, banknote denomination recognition is an important application direction of computer vision technology. SingTown Technology's AI smart camera solution, based on the OpenMV platform, leverages powerful image recognition and feature matching algorithms to achieve high-precision recognition of banknote denominations.

The system captures real-time banknote images via the camera and utilises edge-side AI to automatically analyse features such as numbers, patterns, colour distribution, and anti-counterfeiting marks on the banknote, enabling rapid denomination determination. Simultaneously, the algorithm demonstrates robustness, ensuring stable recognition even when the banknote exhibits slight wrinkles, tilting, or variations in lighting conditions.

Users can train the OpenMV smart camera to recognise banknotes from different countries or versions based on actual application scenarios. The recognition results can be directly output to the control system for automatic classification, amount calculation, or transaction authenticity verification.

This embedded vision system is compact, low-power, and capable of edge deployment. It can be easily integrated into devices such as vending machines, campus payment terminals, and robot coin recognition modules, performing recognition tasks independently on the device side.

SingTown Technology, with AI, machine vision, and computer vision as its core technologies, enables smart cameras to possess the recognition capability of "identifying currency and denominations," delivering a more intelligent and reliable automatic recognition experience for the financial, retail, and education industries.