Robust and effective component-based banknote recognition by SURF features

Camera-based computer vision technology is able to assist visually impaired people to automatically recognize banknotes. A good banknote recognition algorithm for blind or visually impaired people should have the following features: 1) 100% accuracy, and 2) robustness to various conditions in different environments and occlusions. Most existing algorithms of banknote recognition are limited to work for restricted conditions. In this paper we propose a component-based framework for banknote recognition by using Speeded Up Robust Features (SURF). The component-based framework is effective in collecting more class-specific information and robust in dealing with partial occlusion and viewpoint changes. Furthermore, the evaluation of SURF demonstrates its effectiveness in handling background noise, image rotation, scale, and illumination changes. To authenticate the robustness and generalizability of the proposed approach, we have collected a large dataset of banknotes from a variety of conditions including occlusion, cluttered background, rotation, and changes of illumination, scaling, and viewpoints. The proposed algorithm achieves 100% recognition rate on our challenging dataset.