ICO-LUX
ActiveSmart detection of counterfeit documents
ICO-LUX GmbH
About ICO-LUX
Automated document processing helps large companies such as banks and insurance companies to work cost-efficiently. But fraudsters are exploiting these processing channels with increasing frequency. This results in annual losses of around 5 billion EUR for policyholders in Germany.
Our technology closes the gap and automates document authentication with a completely new approach: document forensics is the unique combination of smart vision algorithms and cognitive automation. It acts like a human being when checking the authenticity of documents and alerts our customers to forgeries in real-time.
Funding
| Round | Year | Amount |
|---|---|---|
| Latest round | 2020 | — |
Hong Kong
China
India
Korea
Vietnam
Singapore
Kazakhstan
Israel
Qatar
UAE
Germany
Netherlands
Austria
Kenya
Rwanda