CBI Using Iran-Made AI-Based Product to Identify Fake Signatures
8:05 - October 25, 2024

CBI Using Iran-Made AI-Based Product to Identify Fake Signatures

TEHRAN (ANA)- Technologists at an Iranian company used artificial intelligence (AI) to develop a product which can detect fake signatures with high accuracy and is now being used by the Central Bank of Iran (CBI).
News ID : 7304

“We are among the companies that all our business is based on artificial intelligence and we have made various products for different applications,” said Abolfazl Tazari, the managing director of the company.

“The signature recognition device can distinguish whether the signature is original or forged from various documents that exist even though the forged signature is very similar to the original signature and does not make any difference in appearance,” he added.

“The AI-based tool that we have designed can recognize the signature based on hand vibration and the amount of hand pressure on the pen. This product is used in the Central Bank of Iran,” Tazari said.

In a relevant development in September, an Iranian knowledge-based company had also designed and launched a payment application which can facilitate foreign exchange payments for passengers.

“The application covers a wider range of services for international travelers and the Iranian travelers can easily receive the currency they need to travel to Iraq, Syria, Turkey, Russia, and the UAE,” Seyed Alireza Qamkhari, the managing director of the knowledge-based company told ANA.

“Also, the foreign tourists who plan to travel to Iran can charge a tourist bank card through this application and benefit from banking services in Iran,” he added.

Qamkhari also announced his company’s plans to expand its activities in other countries in the near future and provide more diverse services to its customers.

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