Customers: Finmart24 (Finfort MP) Moscow; Financial Services, Investments and Auditing Contractors: Smart Engines (Smart Endzhins) Product: Smart ID Engine (formerly Smart IDReader)Project date: 2022/12 - 2023/05
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2023: Smart ID Engine Software Product Implementation
Financial the platform FINMART 24"" increased the conversion by 21%, introducing AI-technology for recognitions a passport. Smart ID Engine The technology is used in the preparation of an application for financial products. THIS was announced on August 7, 2023 by the company. Smart Engines
FINMART 24 specializes in the selection of financial, insurance investment and products. At FINMART 24, the client draws up an application for, credit Marketplace checks data and sends an application to. The FINMART bank 24 project is being developed by FINFORT MP, which is part of. register of financial platform operators Central Bank
Smart ID Engine was developed by the Russian Smart Engines. The program recognizes the main spread of a citizen's passport RUSSIAN FEDERATION camera smartphone in 0.15 seconds, and also instantly extracts data from all stamps, even if the document is removed with a "booklet" or in the dark. The Smart ID Engine is based on GreenOCR technology, developed taking into account the principles of ESG. GreenOCR provides high speed, accuracy safety and recognition of passport data in photographs scans and in automatic mode.
The speed and accuracy of issuing loan applications are the most important parameters of the effective operation of the FINMART 24 financial platform. We aimed to speed up the process of processing passport data and reduce the number of errors, so we implemented the Smart ID Engine software product. 'FINMART 24 'conversion up 21%'. I constantly communicate with bank representatives and discuss with them advanced KYC customer identification technologies. It turned out that most of the credit institutions with which we work have long since implemented the Smart ID Engine. It was a good recommendation for us, told the general director of FINFORT MP Anton Yagmurov.
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The financial platform "FINMART 24" provides customers with access to banking services regardless of the region of the Russian Federation. With the introduction of the Smart ID Engine program, the process of obtaining financial products has become even faster. We are glad that FINMART 24 business is growing with our AI solutions, and such concepts as routine and the human factor in processing a passport are a thing of the past, added CEO of Smart Engines, Candidate of Technical Sciences Vladimir Arlazarov.
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The Smart ID Engine software product is included in the register of Russian programs. Client documents are processed using the Smart ID Engine in accordance with the highest information security requirements. Leakage of personal data at the extraction stage is excluded due to the complete autonomy of the passport recognition process. Images of documents and personal data of customers are not transferred for processing to third-party services in any form. External operators are not involved in the verification data extraction process. Recognition in the Smart ID Engine is always local and does not require a network connection.