Alcosi Group

Alcosi Group is a Polish fintech and AI software development company founded in 2010. The company operates as a group of three entities with offices in Wrocław (Poland), Tallinn (Estonia), and Valley Village, California. Its founding team comprised specialists in banking and financial technologies with over 15 years of experience in the sector at launch. The group now claims over 60 years of combined experience across its operations, focusing on custom software for banks and financial institutions.

Alcosi builds two main product categories: fintech payment systems and AI-powered document and identity verification tools. On the fintech side, the company develops merchant processing systems, QR payment hubs, POS transaction systems for Android terminals and mPOS devices, payment gateways, and card processing software compliant with PCI DSS. Its QR Payments Hub handles bill issuance, QR code generation, payment tracking, and merchant settlement. The Hybrid POS transaction system supports cloud-based dashboards for real-time reporting and banking settlements. A Merchant Processing System streamlines card transactions and merchant network management.

Services and capabilities

In AI, Alcosi builds face recognition, document recognition, and liveness detection systems. Its Face Recognition solution identifies passport, driver's license, and accounting documents at speed. The Fake Photo Detection module recognizes various document types and processes them thousands of times faster than manual methods. A separate module detects altered photos—masks, glasses, and other obstructions—by analyzing video streams or static images to determine image vitality. The company also builds data models for face and document recognition, claiming sub-0.5-second identification speeds on facial vectors within a database, including vitality detection and analog/digital face detection from video or selfie.

On the fintech side, Alcosi offers an Internet Financial Framework for card data storage and processing under PCI DSS, an Assured Payment System for magnetic stripe, chip, and contactless card acceptance, and a Payment Gateway Suite that connects businesses to multiple payment services with cloud-based merchant account access, invoice generation, and payment notifications.

The company also mentions blockchain work: smart contracts, NFT projects, IPFS and OpenSea integrations, and high-performance marketplaces and exchanges, though no specific deliverables are detailed.

Notable work

Alcosi's portfolio includes an AI customer platform (XCAI), a face and form recognizer, a loyalty service based on face recognition, a QR-payment e-invoicing service, trust management software, and a bank loyalty system. None of these are described with client names, outcomes, or metrics in the source material.

How they work

The company maintains offices across three continents and lists contact points in Poland, Estonia, and the USA. Its website provides country-specific contact numbers and addresses but does not specify engagement models, pricing, minimum project sizes, or team composition. No detail is given on whether Alcosi offers dedicated teams, staff augmentation, fixed-price projects, or time-and-materials contracts.

Team and credentials

Alcosi was founded by banking technology specialists with 15+ years of experience. The company operates three legal entities within the group. The source does not disclose current team size, certifications (ISO, SOC 2, GDPR compliance details), or partner status with major cloud platforms. No third-party ratings from Clutch, G2, or similar review sites are mentioned.