"SCS bank" increased sales of banking and insurance products by 14% using the Smart IDReader system

2020: Integration of SDK Smart IDReader into the systems of distribution of banking and insurance products

On June 5, 2020 the company Smart Engines reported that it in SKS bank is made integration SDK Smart IDReader in systems distributions bank and insurance products on refueling complexes and bank application World of the Privileges. On the systems of sales the technological solution on automatic to recognition of documents the client, necessary for issue bank cards, execution of requests for the credits, a design CMTPL and pension products is implemented.

For a design of products which SCS Bank offers the clients through partner sales on the refueling station and through online applications the client needs to enter data of identity documents, in a system, and the bank needs to carry out an inspection of the document on authenticity. In case sales are performed on the refueling station, the convenience and speed of issue of banking and insurance products has critical value as the client has no opportunity long to wait.

The implemented sensing technology of Smart IDReader is based on tools of artificial intelligence and allows to accelerate process of registration of the client where data entry takes away a large number of time and also to reduce quantity of errors when filling forms.

For automatic data entry in a system it is enough to show the identity document, (for receiving financial services), the car driver license and PTS (for execution of the CMTPL) to the smartphone camera. The technology itself will define document type, will recognize necessary fields and will enter data of the client in the application. Also a system will automatically verify authenticity of the document on the basis of the analysis of elements of graphic protection.

"Use of Smart IDReader technology allowed to increase conversion of filling of the application for obtaining the policy of the CMTPL by 34% and to increase sales of financial products by 14%. In addition to business of indicators it is important for us that images of documents with sensitive data of our clients are not transferred to external services and are processed independently in our information systems according to requirements 152-FZ", 'Kirill Miklyaev, the head of systems analysis of Department of electronic business of SCS Bank noted'

"Smart IDReader allows to recognize precisely and safely documents, not only saving time of clients, but also giving the chance of remote receiving essential services that it is especially relevant", 'Vladimir Arlazarov, the CEO of Smart Engines PhD in Technological Sciences noted'