The integration of Smart Engines OCR solution enables Dukascopy bank to take a new step towards convenience and speed of remote customer service, which allows to get closer to their goal — let customers open bank accounts in a matter of 5 minutes.
The bank’s plan was to find a document recognition service provider with an extensive expertise in computer vision. One of the top priorities in their search was to find a solution, that would allow to integrate the OCR SDK into both server components and mobile applications. Among the other important aspects were consistency, speed and the size of the OCR library.
Dukascopy Bank opted for the MRZ recognition that complied with data security regulations that exist in those jurisdictions where the bank operates.
Dukascopy Bank is a Switzerland based bank that provides online mobile banking, financial and trading services through the SWFX – Swiss FX Marketplace, the Dukascopy’s ECN proprietary technological solution and registered trademark.