Microblink, an R&D company from Zagreb, has developed the fastest mobile document scanner in the world, introducing a new product – BlinkCard. It is a scanner of credit and debit cards, which is sold as a software component for embedding into fintech mobile apps, which have become a hot topic in the last few months with the rise of mobile banking, reports Poslovni.hr on April 12, 2019.
Damir Sabol, the co-founder and co-owner of Microblink, said that BlinkCard is available as a test app for free at Google Play and Apple Store mobile app stores. He says BlinkCard is a sign of progress in the field of machine learning. “In the near future, we will be able to scan and recognise almost all personal documents in the world,” says Sabol.
Microblink sells five software components that can be used to scan and instantly enter data from different documents, from invoices to official documents. The first product launched by the company was the BlinkID, a mobile document scanner with an extensive range of application. This product is used in the United States to scan US citizens’ identification documents at polling stations. US police also use it in several smaller towns to issue fines within three seconds.
In the United Kingdom, it is used by large insurers to enable their customers to arrange for the extension of the car insurance policies immediately via mobile phones by scanning driving licenses.
Damir Sabol says that the goal of their solutions is for users to be able to point the mobile phone cameras without any typing towards a document and gain data which can be entered into a form in less than a second. He adds that in the last six years the number of employees working on solving this problem has grown from seven to 90.
“Now we are working on the SecureVision project worth 7.9 million kuna, which we want to use to improve our technological solution further,” Sabol explains.
Translated from Poslovni.hr (reported by Bernard Ivezić).
More IT industry news can be found in the Business section.