" class="no-js "lang="en-US"> Credit Europe Bank improves usability of payments in mobile app with scanning technology by Smart Engines
Thursday, April 18, 2024

Breaking News

QuantHouse Selects BMLL to Complement Real-Time Data Services With Historical Order Book Data AffiniPay Expands Into Puerto Rico The Complex E-commerce Value Chain Explained | Nexi | Nexi Roadshow: MPE Berlin Zywave Launches New Cyber Quoting Solution with Simplified Data Collection Mastercard Launches Mobile Virtual Card App to Simplify Travel and Business Expenses Percayso Partners With TransUnion to Expand Access to Customer Insights Coincover Launches Protected Co-Signing for Ultimate Transaction Protection Nordnet Appoints Gabrielle Hagman as New Country Manager Sweden Creditinfo Appoints TransUnion Veteran as New Global Chief Commercial Officer Marqeta and Rain Announce Partnership to Deliver Robust Earned Wage Access Through Embedded Finance Fiserv Corporate Social Responsibility Report Highlights Progress on Commitment to Sustainable Business Fime to Support Set Up of UAE’s Domestic Card Scheme (Jaywan) The Way We Pay is Changing: Trustly Achieves 79% Growth in 2023, Fueled by Open Banking Demand Mark Jennis Joins Pirum to Accelerate Collateral Services Growth in North America Late Payments Causing a ‘Cashflow Crunch’ for SMBs
Credit Europe Bank improves usability of payments in a mobile app with scanning technology by Smart Engines

March 24 2021

Credit Europe Bank improves usability of payments in a mobile app with scanning technology by Smart Engines

Share this post:

Share on LinkedIn Share on WhatsApp
Member of FIBA Group, Credit Europe Bank (Russia) Ltd. has integrated a software product Smart Code Engine for QR codes scanning in a mobile app. With its help, bank customers are able to make various payments by QR codes, such as bills, invoices, receipts and fines.
To perform payments a customer just needs to show the QR code to the device’s camera, the code will be automatically scanned and all the necessary data will be entered in the payment form. The Credit Europe Bank mobile app is very easy-to-use, as the users are not obliged to look for a convenient angle or any special lighting conditions for better recognition. Smart Code Engine provides successful code scanning even in case if it is damaged or deviates from the standard.
Smart Code Engine is developed by Smart Engines scientists. These AI-based algorithms capture data from linear and matrix barcodes as QR, AZTEC, PDF 417, DataMatrix, CODABAR, CODE_39, CODE_93, CODE_128, EAN_8, EAN_13, ITF, UPC_A, UPC_E. Barcode recognition is also supported in the real-time video stream and on photos. The software performs all calculations on the user’s device, ensures the client’s personal data privacy and does not distribute it to third-party services.
“We admit that with the remote services, it is easier and more convenient to manage personal finances. The Credit Europe Bank app is in great demand among our customers. Thereby, we are permanently improving it and adding new features which make the banking operations management simple and secure. The launching of Smart Engines state-of-the-art product will enable our customers to make payments instantly by scanning the QR code of the document”, – says Alexey Vorobyov, Deputy Division Head of the Digital Channels and Products Development Division at Credit Europe Bank.
“We are proud that our barcode recognition solution is becoming popular and helping more and more users to make payment transactions easily and securely. For us, cooperation with Credit Europe Bank is an important confirmation that leading financial organizations need high-quality and secure recognition technologies”, – states Dr. Vladimir Arlazarov, CEO at Smart Engines.

People In This Post

Alexey Vorobyov

Credit Europe Bank Ltd
Vladimir Arlazarov | CEO Smart engines | Fintech Finance

Vladimir Arlazarov

Smart Engines

Companies In This Post

Smart Engines | Fintech Finance

Smart Engines
Credit Europe Bank | Fintech Finance

Credit Europe Bank Ltd
  1. QuantHouse Selects BMLL to Complement Real-Time Data Services With Historical Order Book Data

    News

     Read more
  2. AffiniPay Expands Into Puerto Rico

    News

     Read more
  3. The Complex E-commerce Value Chain Explained | Nexi | Nexi Roadshow: MPE Berlin

    Event Videos

     Read more
  4. Zywave Launches New Cyber Quoting Solution with Simplified Data Collection

    Insurtech

     Read more
  5. Mastercard Launches Mobile Virtual Card App to Simplify Travel and Business Expenses

    News

     Read more
More On