The Yunmai Banking Card Recognition SDK by Yunmai allows developers to integrate banking card recognition capabilities into their applications for iOS 6+, Android 2.3+, and PC (Windows XP+ and Linux). This service takes an average of 2.5 seconds to recognize a bank card with a character recognition rate of greater than 98%.
Recent technology backed by machine learning is making it possible to recognize people and objects from images, videos, sounds, body parts, speech, phrases, characters, even typing. Developers can find over two-hundred APIs for Recognition on ProgrammableWeb. Here are some top choices.
Over on Crowdfund Insider, JD Alois has published a news report about South Korea's Fintech Open Platform; an open API program that's looked after by South Korea's Financial Services Commission (FSC)and that has received the support of over 40 financial instituations operating in South Korea. The
Paidpiper, mobile payments processing provider, offers its unique mobile payments platform via the Paidpiper API. Instead of relying on network security to ensure reliability and compliance, Paidpiper's unique approach secures the smartphone making the transaction to prevent malfeasance and fraud. By securing the smartphone itself, no need for additional POS hardware becomes necessary.