Cashbot introduced Smart ID Engine secure identity recognition technology

2021: Implementation of secure identification technology

Cashbot has introduced Smart ID Engine secure identity recognition technology. This was announced on December 14, 2021 by Smart Engines.

The Cashbot customer data is now entered using Smart ID Engine's secure identity recognition technology developed by Smart Engines. On its basis, a technical solution has been implemented that allows you to quickly extract customer passport data from photographs and scans for applying for the service at Cashbot, the fintech of the Czech company Red Stone Now.

Thanks to the introduction of the Smart ID Engine solution, the Czech card ID data required for financial services need not be entered manually. Now you can attach a scan or photo of a document from a mobile device or computer, and the system will instantly retrieve the necessary information and automatically enter it in the corresponding application fields.

The Smart ID Engine provides high-speed and accurate recognition of identity documents, which not only speeds up the process of processing services, but also reduces the likelihood of a manual input error. At the same time, all processing is carried out inside the working loop of the solution without transferring images or their parts to third-party services or third parties. This makes the entry of personal and sensitive data safe for all participants in the process.

The technology can significantly speed up the remote service process in both B2C and B2B. Document recognition on today's processors takes less than a second. Customers no longer need to manually fill out card ID data manually, just provide a photo of it, "said Marek Heydusek, director of Red Stone Now.