Text cutout from transparent banner

I’m attempting to make a cutout in a translucent banner which can be changed dynamically.

I’ve tried many different ways through materials and nothing seems to come close. Was hoping for some ideas on the matter.


Explain more what you mean.

The banner will be translucent with 70% opacity. Any locations where text is placed will be 100% translucent, or 0% opacity. The banner could be solid as well, the concept and where I’m having troubles is the same: making cutouts in the banner where the text is.

Have you achieved any results? We also need transparent text for our project

You can use UMG retainer box and a material which manipulates transparency. I managed to make something like this in 4.14.