Wintone Passport Reader Empowers UOB (Thai) to Enhance Account Opening Efficiency

Founded in 1935, United Overseas Bank (UOB) is one of Asia's leading banks, with a global network of over 500 branches and offices across 19 countries and regions, including a strong presence in Southeast Asia. The bank has leveraged its position in the Belt and Road Initiative to expand significantly in Southeast Asia, with over 400 branches connected by the Maritime Silk Road.

Wintone has partnered with UOB (Thai) to provide state-of-the-art passport reader technology, now deployed across more than 150 UOB branches in Thailand. This cutting-edge solution integrates advanced image processing, OCR technology, AI, and RFID algorithms, enabling seamless identification of international passports and documents for account opening. The solution enhances workflow, strengthens identity verification, and prevents fraudulent account openings, ensuring the integrity of financial services.

Key Benefits of Wintone's Passport Reader for UOB (Thai):

1.Streamlined Account Opening Process: UOB (Thai) branches use Wintone’s passport readers to quickly scan passports and other ID documents, automatically extracting and verifying details like names, numbers, and images. This smart system feeds information directly into the bank’s database, allowing for automatic cross-checking of the documents for identity verification.

2.Fast, Accurate Document Recognition: The passport reader supports over 200 countries’ electronic and paper passports, as well as Thai IDs and driver’s licenses. With an accuracy rate of 99.8%, it reduces human error and processing time, improving the customer experience by speeding up the queue times and facilitating smooth operations.

3.Advanced Fraud Prevention: The solution includes multiple verification methods, such as infrared feature detection, chip data checks, and OCR-electronic chip cross-validation. These measures ensure that only authentic documents are processed, effectively reducing fraud and preventing criminals from using forged documents to open accounts.

Wintone’s partnership with UOB (Thai) is just one example of how our innovative technology is helping banks around the world embrace smart finance and improve customer service. We are proud to support UOB (Thai) in enhancing their account opening process, building a robust traceability system, and contributing to the secure growth of financial services.

Beyond UOB (Thai), Wintone has long-term partnerships with other leading banks such as Industrial and Commercial Bank of China (ICBC) Thailand and Hong Kong branches, Standard Chartered Bank, and Bank of East Asia, helping build high-quality financial systems across the Belt and Road regions.