EQS-Media / 27.12.2023 / 10:37 CET/CEST
AUSTRIACARD HOLDINGS AG: Undertakes the emblematic project of digitizing
the Single Pension Fund’s (e-EFKA) insurance paper archive in Greece
AUSTRIACARD HOLDINGS AG (ACAG), one of Europe’s leading B2B providers of
secure digital technology services, smart cards, personalization and
payment solutions, as well as highly secure data management and
digitization solutions, following a project award tender, has signed a
framework agreement for the digitization of e-EFKA insurance history.
This is an emblematic project that marks the digital transformation of
e-EFKA and the first major digitization project, in which Machine Learning
and Artificial Intelligence technologies will play a key role for faster
and successful execution of the project. Regarding the implementation, the
project as a whole includes the scanning of more than 42 million pages
(42,708,333 pages) of e-EFKA paper file, the processing of the scanned
documents with the aim of improving their quality and their validation
with metadata. For the implementation of the project, innovative
technologies, Intelligent Document Processing (IDP) based on Machine
Learning and Artificial Intelligence algorithms will be used, for the
automated data extraction from the digitized material, as well as the
validity of the automatically identified data.
Mr. Manolis Kontos, Deputy CEO of AUSTRIACARD HOLDINGS AG Group said:
“The emblematic project of digitizing the historical insurance file of
e-EFKA is a key milestone for the digital transformation of the country’s
largest Insurance Agency. Undoubtedly, the completion of the digitization
of the entire e-EFKA file and the digitization of the insurance history of
thousands of insured citizens is very important for the Organization’s
history. We are particularly proud to contribute to this change for the
transformation of e-EFKA into a modern, flexible, insured-friendly
Insurance Company. Although it is a very challenging project, we have the
equivalent experience, know-how and advanced technologies to implement it
successfully.”
Mr. Dimitris Kontinos, Chief Technology Officer & Head of Digital Public
sector of AUSTRIACARD HOLDINGS AG Group added: “This project is a priority
for EFKA, as it is directly related to the acceleration of pension
distributions, and the digitization and inclusion of the stamps in the
electronic system, which was the main reason of delays until now. By
reducing bureaucratic processes and eliminating people frustration, we are
particularly happy that this important project will significantly
contribute to the creation of a citizen-friendly body adapted to the
demands of the modern era.”
ABOUT AUSTRIACARD HOLDINGS AG
AUSTRIACARD HOLDINGS AG, headquartered in Vienna, with an international
presence and one of the leading providers of Secure Digital Technology
Solutions in Europe.
AUSTRIACARD HOLDINGS AG is the one of the leading B2B providers of smart
cards, personalization and payment solutions, as well as secure data
management and digitalization solutions, in Austria, Scandinavia, Central
and Eastern Europe and South Eastern Europe, while also having significant
market share in many other European countries and Türkiye. The Group is
expanding fast in geographical areas outside Europe, such as the USA where
it has established a new personalization center, and the Middle East &
Africa where sales units have been developed that have already drawn
significant new business. In addition, the Company has become a payment
products and solutions partner of choice for Challenger Banks/Neo Banks, a
growing market segment world-wide.
The Company has a very strong pan-European operational footprint, reaching
from the United Kingdom to Greece and Türkiye, with seven production
facilities and seven personalization centers in Europe, as well as an
additional personalization center in USA, employing currently around 2,600
people. It also has sales offices in Norway, Czech Republic, Germany,
Croatia, Serbia, Jordan, the UAE and a network of partners and selling
agencies around the world. This footprint enables the provision of a high
service level to our customers, confirmed by the very long-lasting
business relationships. The Group’s international customer base benefits
from a complementary product and services and solutions offering ranging
from bill printing, direct mailing and document processing to payment,
transit and ID cards increasingly bundled with online, mobile and
digitalization transformation solutions.
Contact person: Theoni Dimopoulou, Group Corporate Communications &
Marketing Manager
Tel.: +30 210 66 97842
E-Mail: t.dimopoulou@austriacard.com
Website: www.austriacard.com
Symbol: ACAG
ISIN: AT0000A325L0
Stock Exchanges: Vienna Prime Market, Athens Main Market
End of Media Release
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Issuer: AUSTRIACARD HOLDINGS AG
Key word(s): Information technology
27.12.2023 CET/CEST This Press Release was distributed by EQS Group AG.
www.eqs.com
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Language: English
Company: AUSTRIACARD HOLDINGS AG
Lamezanstraße 4-8
1230 Vienna
Austria
E-mail: ac.contact@austriacard.com
Internet: https://www.austriacard.com/
ISIN: AT0000A325L0
WKN: A3D5BK
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1804303
End of News EQS Media
1804303 27.12.2023 CET/CEST