Hana Financial AI OCR Solution, First in Financial Sector to Obtain GS Certification Grade 1

[Asia Economy Reporter Minwoo Lee] Hana Financial Group's self-developed artificial intelligence (AI)-based optical character recognition (OCR) technology has received the highest grade from the Korea Information and Communication Technology Association (TTA).

Hana Financial Group announced on the 26th that its AI OCR solution 'LIDIT' received the Good Software (GS) Certification Grade 1 from TTA. The GS certification is a national certification system that proves software quality based on international standards. It is the first time that a Grade 1 certification has been awarded in the financial sector.

LIDIT was developed using proprietary AI technology by Hana Financial Convergence Technology Institute, an independent in-house company of Hana Financial TI, an IT specialized company within Hana Financial Group. Using a deep learning-based algorithm, it automatically infers character recognition rules, enabling ▲continuous improvement of recognition rates ▲improvement of document classification ▲autonomous evolution of document correction.

Hana Financial Group stated that LIDIT is already applied to various document classification and information recognition tasks at Hana Bank and Hana Financial TI's Certified Electronic Document Center. It is also being utilized for automatic recognition of automobile dashboard mileage at Hana Insurance.

Juhwan Lee, head of Hana Financial Convergence Technology Institute, said, "We will continue to make steady efforts to accelerate digital transformation within the group and internalize technology by timely launching self-developed solutions utilizing new technologies."

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