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Project

Smart Engines technologies recognize bank card data in a mobile super application Kaspi.kz

Customers: Kaspi Bank

Financial Services, Investments and Auditing

Product: Smart Code Engine (ранее Smart CardReader, Smart BarcodeReader и Smart MRZReader)

Project date: 2021/05  - 2024/04

2021: Smart Code Engine Implementation

One fintech Europe with an estimate of $21 billion Kaspi has introduced technology Smart Engines for automatic recognition when bank cards committed in (remittances and). mobile application iOS Android The use of advanced Smart Engines recognition technologies is aimed at improving the client experience in the super application Kaspi.kz. Smart Engines announced this on December 1, 2021.

Thanks to the use of the Smart Code Engine software, the application was Kaspi.kz able to speed up the entry of bank card data. The time to manually enter information by the user was reduced by 9 seconds, while the recognition process itself takes about one second. On smartphones, the recognition of bank card data is carried out at a speed of 35 ms per frame. The accuracy of recognizing a bank card number reaches 99.68%.

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The use of software products in applications of such a scale as Kaspi.kz is primarily a confirmation of the quality and demand for our technologies from advanced fintech companies. Improving the user experience is one of the key tasks of financial ecosystems, and we are proud that Kaspi has chosen Smart Engines recognition technologies for its mobile super application, "said K.T. Vladimir Arlazarov, CEO of Smart Engines.
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Online payments and Card2Card transfers in the Kaspi mobile bank application have become a fast and user-friendly process.