Specialized depository "Infinitum" has introduced the Smart Engines passport recognition system
Customers: Infinitum Specialized depository Moscow; Financial Services, Investments and Auditing Contractors: Smart Engines (Smart Endzhins) Product: Smart ID Engine (formerly Smart IDReader)Project date: 2024/07 - 2025/01
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2025: Smart ID Engine Implementation
The specialized depository INFINITUM has integrated the recognition system from Smart Engines into business processes. The company automated the verification of the filling of passport data of customers in service contracts, applications and orders, acts of acceptance and transfer of documents and property. The Smart ID Engine system installed in the special depository recognizes the passport of a citizen of the Russian Federation, the printed and handwritten main spread and the page with registration. Smart Engines reported this on February 4, 2025.
The specialized depository "INFINITUM" works with all participants in the collective investment market, including non-state pension funds, management companies of mutual investment funds, self-regulatory organizations, state corporations, insurance companies.
Employees of a specialized depository have to work daily with a significant amount of documents in which hand-filled passport data of service users appear. At the same time, the accuracy and speed of reconciliation of data in the document with those indicated in the client's passport become especially important. The document recognition system will minimize the human factor when reconciling passport data. The technical solution based on the Smart ID Engine recognizes personal data from the client's passport from images in.pdf,.png,.tif,.jpeg formats, and allows you to check them against those specified in the INFINITUM document.
A fundamentally important requirement when choosing a system for recognizing passports of the Russian Federation for us was the complete confidentiality of information processing. Smart ID Engine helps you cross-check customer passport data in documents on our own server. The solution is fully integrated into the internal infrastructure of the company and works in conjunction with the services created by our developers, - said Alexander Khalmeev, director of information technology and digital transformation at INFINITUM Specialized Depository JSC. |