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Smart Engines provides bank with digital onboarding and payments tech

By Edil Corneille

October 29, 2020

  • Kazakhstan
  • Smart Engines
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Smart Engines, Moscow, Russia, digital, online, AI, bank payments Alfa Bank Kazakhstan has integrated the recognition of Kazakhstan passport and ID card as well as all the types of bank cards into its mobile application. Moscow-based Smart Engines, an AI-based Computer Vision software developer became the supplier of the technology.

Account pop-up, online payments, and Card2Card transfers have become a seamless process due to the new feature that allows the quick scanning of all types of bank cards including embossed and flat as well as vertical cards and cards with data on the back.

“Asiamoney, an international business magazine, has named our bank as the top digital bank in Kazakhstan. We are striving to keep the leadership, that’s why we constantly improve our application with cutting-edge technologies. Integrating Smart Engines’ solutions aims at a better remote customer service, as recognition and verification of the documents and bank cards happen almost immediately,” says Alfa Bank Kazakhstan Transfer Team Product Owner Alexander Uzdyaev.

Smart Engines’ technologies are based on scientific research in Computer Vision and are said to provide superior speed, accuracy, safety, and seamless user experiences. The optical recognition systems work in all the natural conditions in low and excessive lighting, on the go, as well as on taxis or public transport. The scanning is performed in a fraction of a second and is secure in terms of private and confidential data processing, as all the calculations are done on the mobile device, without transferring the document image to a third-party service.

“We are proud that the foremost bank of the Republic of Kazakhstan has chosen Smart Engines’ solution for recognition of bank cards and national identity documents. In the current environment, it has become vital to provide the users with convenient interaction tools for communication with the bank without visiting the office, and our technologies allow adding such features into mobile and online banking applications,” comments Smart Engines CEO, Vladimir Arlazarov, Ph.D.

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