Cashbot Adopts Smart ID Engine

0
Cashbot Adopts Smart ID Engine
Cashbot Adopts Smart ID Engine

The data entry of clients of the Czech based fintech Cashbot is now carried out using the secure domestic technology for scanning identity documents Smart ID Engine, developed by Smart Engines.

On its basis, a technical solution has been implemented that allows you to quickly and safely extract customer passport data from photographs and scans for applying to the Cashbot service of the Red Stone Now s.r.o.

Thanks to implementing a solution based on Smart ID Engine technology, the data of Czech ID cards required for issuing financial services do not need to be entered manually. Now you can attach a scan or photo of a document from a mobile device or computer. The system will instantly extract the necessary information and automatically enter it into the appropriate fields of the application.

Smart ID Engine provides high speed and accuracy of recognition of identity documents, which speeds up the procedure for issuing services and reduces the likelihood of errors during manual input. At the same time, all processing is performed within the working path of the solution without transferring images or parts of them to third-party services or third parties. Now the entry of personal and sensitive data is safe for all participants. Smart ID Engine is a GDPR, CCPA, PCI DSS compliant solution.

READ ALSO: Top five fintech trends to watch in 2021

“The technology can significantly speed up the process of remote services in both B2C and B2B sectors. Scanning of documents on modern processors takes less than a second. Customers no longer need to manually fill in the card ID data; they need to provide a photo of it,” said Marek Hejdusek, Director of Red Stone Now s.r.o.