Smart ID Engine Document Scanning System Chosen By BALTBET For Customer Identification
September 07, 2021 at 18:40
BALTBET, a Russian sports betting company, has chosen the Smart ID Engine document scanning system to improve its customer identification process. BALTBET attests that the software solution has made the data entry process user-friendly and productive.
BALTBET is a bookmaker's office that has been operational in Russia since 2003. The company has been on a consistent growth trajectory since its inception. It became the industry leader in terms of the number of bet acceptance points in 2010 and is operating more than 640 acceptance points in 2021. The company’s numerous betting points offer its clients convenient walkable access, no matter what part of the country they are in.
The company offers its clients betting opportunities in a huge selection of different events and outcomes. The company accepts bets on football events such as the World Cup, the Russian Premier League, the UEFA Champions League, and other leading European championships. It accepts bets on hockey events such as the World Championship, the NHL, the KHL, and more than 100 different competitions taking place in Europe and North America. It also offers betting opportunities on more than 300 significant basketball events annually such as the NBA, the Euroleague, the VTB League, the Championship of Russia, and many more.
The software product developed by Smart Engines specialists securely extracts the data from identity documents. BALTBET needs to identify customers to allow them to place bets. The process is time-consuming and taxing if handled manually. In order to simplify the process, ID scanning from photos has been implemented using Smart ID Engine software. The company’s customers no longer have to fill in the form fields manually. When the client uploads a photo document, all the necessary data for onboarding is automatically entered in the appropriate fields.
The Smart ID Engine solution made it possible to reduce the time required for user onboarding in the BALTBET betting service. The time required for ID data extraction from a photo is less than 1 second. High-quality data extraction is performed even from photos taken on low-end mobile phones. The Smart ID Engine solution used for ID document recognition allows companies to securely process customers’ personal data because document images are not transferred to third-party resources or services.
Smart Engines is a science-driven company with a focus on AI-related R&D at the forefront of document recognition, image processing, technical vision, machine learning, graph theory, and optimization. The company builds cutting-edge, GDPR and CCPA-compliant recognition solutions that support public and private organizations worldwide by scanning ID cards, passports, driver's licenses, residence permits, visas, and many more kinds of personal identification documents. In addition, Smart Engine's AI-driven mobile, desktop, and web products offer data extraction for customer onboarding, user identification, age verification, and fraud detection.
The company’s software products work on a mobile phone or server, on photos and scans, regardless of their quality. The software is also robust enough to capture the information in sub-optimal conditions such as a video stream from a smartphone or web camera. All the scanning is performed on-device and on-premise, increasing software security as it requires no data transfer.
The company also offers software that allows for the recognition of data from codified objects such as machine-readable zones (MRZ), embossed, indent-printed, and free-template bank cards, PDF417, QR code, AZTEC, and other linear and 2D barcodes. It also offers software that allows automatic extraction of data from documents such as KYC questionnaires, applications, tests, administrative papers such as accounting documents, corporate reports, business forms, government forms such as financial statements, insurance policies, and many more types of formal documents that require secure and fast data extraction.
Smart Engines’s software system supports more than 100 languages and more than 1700 ID types from more than 210 territories worldwide. Smart Engines’ technologies are used by companies such as Tinkoff Group, Citibank, Dukascopy Bank, Emirates NBD, Oman Arab Bank, ROSBANK, Raiffeisen Bank, Beeline, MTS, MegaFon, BioCollections Worldwide, Blockpass IDN, iDenfy, NEC, NNTC, Sumsub, Tessi, Travizory, Twino, VerifyMyAge, and others. Smart Engines focuses on environmental concerns and is a member of the United Nations Global Compact Initiative.
For more information about Smart Engines, contact the company here:
+7 (495) 649 82 60
Prospect 60-Letiya Oktyabrya, 9, Office 605, Moscow, 117312, Russia