| Customers: Dukascopy Bank SA Geneva; Financial services, investments and audit Contractors: Smart Engines (Smart Endzhins) Product: Smart ID Engine (formerly Smart IDReader)Project date: 2018/05 - 2025/11
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2018
On November 27, 2018, Smart Engines announced that Dukaskopy Bank introduced machine-readable zone recognition (MRZ) technology on customer documents in the online account opening process, the technology was supplied by Smart Engines.
Dukaskopy Bank made its choice in favor of Smart Engines based on a detailed analysis of reviews from numerous users of the technology - banks, financial and insurance companies. Dukaskopy Bank also conducted its own research on technology that confirmed its effectiveness. It was important for the bank that, in addition to reliability and speed, recognizable documents and received data did not leave the bank's servers - so as not to violate strict Swiss regulations on the protection of personal data of their customers.
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