Optical character recognition (OCR) is a technology used primarily by the banking industry to facilitate check processing.

Question

Optical character recognition (OCR) is a technology used primarily by the banking industry to facilitate check processing.

Quizplus · Accepted Answer

Optical character recognition (OCR) is used in various industries for digitizing printed texts so that they can be electronically edited, searched, stored more compactly, used in machine processes such as cognitive computing, machine translation, (extracted) text-to-speech, key data and text mining. OCR is a widespread technology beyond just the banking industry.

Optical Character Recognition (OCR) Is a Technology Used Primarily by the Banking Industry