Know your customer

B9 Launches Cutting-Edge Face Recognition Technology

Retrieved on: 
Wednesday, April 3, 2024
KYC, Algorithm, Know your customer, Knowledge, Online shopping

Miami, Florida--(Newsfile Corp. - April 3, 2024) - B9, a leading fintech innovator, proudly announces the launch of its latest advancement in security measures: a state-of-the-art face recognition AI algorithm that detects, recognizes, and analyzes human faces in images.

Key Points: 
  • Miami, Florida--(Newsfile Corp. - April 3, 2024) - B9, a leading fintech innovator, proudly announces the launch of its latest advancement in security measures: a state-of-the-art face recognition AI algorithm that detects, recognizes, and analyzes human faces in images.
  • Mikhail Matveev, Chief Data Officer at B9, lauds this advancement as a significant step forward in enhancing security and operational efficiency within the fintech industry.
  • To view an enhanced version of this graphic, please visit:
    "Using this newest evolution of face recognition technology, we can more accurately verify identities, ensuring secure access to B9 accounts and transactions on our mobile app," states Matveev.
  • With its latest face detection capabilities, B9 can extract valuable facial attributes to determine "liveness," thereby verifying that the image originates from a real person rather than a printed photo or mask.

Generali Vietnam Life Insurance Company Implements CyberLink FaceMe® Facial Recognition for eKYC Digital Identity Verification

Retrieved on: 
Tuesday, March 19, 2024
Technology, Insurance, Finance, Security, Professional Services, Software, Biometrics, Internet, Health, Artificial Intelligence, Organization, Tablet, PAD, Policy, AI, NIST, CyberLink, ISO, Know your customer, Facial recognition, Risk management

Leading AI facial recognition provider, CyberLink (5203.TW), announced today that it has collaborated with Generali Vietnam Life Insurance Company to integrate facial recognition technology into Generali’s customer application service, GenVita.

Key Points: 
  • Leading AI facial recognition provider, CyberLink (5203.TW), announced today that it has collaborated with Generali Vietnam Life Insurance Company to integrate facial recognition technology into Generali’s customer application service, GenVita.
  • Generali Vietnam is a pioneer in bolstering the mandatory implementation of e-KYC in the life insurance sector to enhance security, transparency, and customer experience.
  • Policy service online transaction: existing policyholders can perform eKYC identity verification to access personal insurance information and conduct transactions.
  • With facial recognition as part of the mandatory eKYC identity verification process, customers' transactions, personal information, and insurance contract content are protected.

SeABank completes 2023 business plan: noticeable CASA growth, controlled NPL

Retrieved on: 
Wednesday, February 7, 2024
Know your customer, Growth, B1, ROE, NPL, SSB, VND, CASA, Moody's Investors Service, Bank, Yoy, BCA, Digital technology, EBT

HANOI, Vietnam, Feb. 7, 2024 /PRNewswire/ -- Considering the global and domestic unstable economic context, these results imply SeABank's flexible business transformation focusing on digital technology, green credit development and launching new fee-charging products.

Key Points: 
  • Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code: SSB) announced its 2023 business results with considerable growth: CASA increased to 11.5%; Net increase in outstanding debt and mobilization respectively up 16.76% and 25.35% YoY; NPL is controlled at 1.94%; EBT reached more than US$189.4 million.
  • Ending 2023, SeABank's total assets reached US$10.9 billion, growing 15% YoY; Charter capital increased to US$1 billion, up 22.32% YoY.
  • In 2023, the total amount of reduced interest for existing customers has reached up to US$16.7 million.
  • These efforts have resulted in the EBT of more than US$189.4 million, completing the 2023 business plan, equivalent to ROE of 13.03%.

SeABank completes 2023 business plan: noticeable CASA growth, controlled NPL

Retrieved on: 
Wednesday, February 7, 2024
Multimedia, Know your customer, Growth, B1, ROE, NPL, SSB, VND, CASA, Moody's Investors Service, Bank, Yoy, BCA, Digital technology, EBT

HANOI, Vietnam, Feb. 6, 2024 /PRNewswire/ -- Considering the global and domestic unstable economic context, these results imply SeABank's flexible business transformation focusing on digital technology, green credit development and launching new fee-charging products.

Key Points: 
  • Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code: SSB) announced its 2023 business results with considerable growth: CASA increased to 11.5%; Net increase in outstanding debt and mobilization respectively up 16.76% and 25.35% YoY; NPL is controlled at 1.94%; EBT reached more than US$189.4 million.
  • Ending 2023, SeABank's total assets reached US$10.9 billion, growing 15% YoY; Charter capital increased to US$1 billion, up 22.32% YoY.
  • In 2023, the total amount of reduced interest for existing customers has reached up to US$16.7 million.
  • These efforts have resulted in the EBT of more than US$189.4 million, completing the 2023 business plan, equivalent to ROE of 13.03%.

Cumulative number of KYC checks by the identity verification service "LIQUID eKYC" has reached 40 million

Retrieved on: 
Tuesday, February 6, 2024
Know your customer, SBI Shinsei Bank, Smartphone, Bank, SAKURA, KYC, Fintech, Safety, Trust, ISMS, FISC, PayPal, Credit Saison, Telecommunications, Blockchain, OCR, POST, ITR, Judgement

TOKYO, Feb. 6, 2024 /PRNewswire/ -- Liquid Inc., part of the ELEMENTS Group, is pleased to announce that the cumulative number of KYC checks conducted through "LIQUID eKYC", an online identity verification service, has now achieved 40 million cases.

Key Points: 
  • TOKYO, Feb. 6, 2024 /PRNewswire/ -- Liquid Inc., part of the ELEMENTS Group, is pleased to announce that the cumulative number of KYC checks conducted through "LIQUID eKYC", an online identity verification service, has now achieved 40 million cases.
  • The service provides online completion of identity verification required for online contracts, account registration, and account opening.
  • Our proprietary AI, biometric, and OCR technologies have enabled us to maintain a low drop-off rate from the start to the end of the photo shooting process and the cumulative number of identity verification cases has exceeded 40 million.
  • ※1 ITR "ITR Market View: Identity Access Management / Personal Authentication Type Security Market 2023" eKYC Market: Sales Value Share by Vendor (FY2019-FY2022 Forecast)

Entrust Launches Digital Account Opening Solution to Enhance Banking Experience

Retrieved on: 
Tuesday, November 28, 2023
Banking, Personal Finance, Technology, Professional Services, Electronic Commerce, Digital Cash Management, Digital Assets, Security, Asset Management, Software, Other Professional Services, Networks, Identity, IDS, Risk, Know your customer, Government, Entrust, Geography, Online shopping

To make access to financial services easier for more people worldwide, Entrust is launching a new digital account opening solution to enable banks and credit unions with a secure, convenient digital onboarding experience.

Key Points: 
  • To make access to financial services easier for more people worldwide, Entrust is launching a new digital account opening solution to enable banks and credit unions with a secure, convenient digital onboarding experience.
  • "Entrust is working to redefine the customer experience in the banking industry," said Tony Ball, President, Payments and Identity at Entrust.
  • The Entrust Digital Account Opening solution equips banks and credit unions everywhere to onboard new customers from anywhere using their smartphones and government issued IDs.
  • To learn more about the Entrust Digital Account Opening solution, visit https://www.entrust.com/solutions/digital-onboarding .

Accura Scan to fortify eKYC & ID verification with Contactless Finger Biometrics & Document Liveness Check

Retrieved on: 
Monday, December 18, 2023
KYC/AML, Telecom, Risk, Trust, Digital, Insurance, Know your customer, AI, Account verification, Security printing, Online shopping, Fintech

Having established itself as a trusted provider of Digital KYC, Identity Verification & Customer Onboarding Solutions to Banks, Fintechs, Telecoms etc across the globe, Accura Scan is now set to introduce contact-less finger-biometrics & document-liveness checks.

Key Points: 
  • Having established itself as a trusted provider of Digital KYC, Identity Verification & Customer Onboarding Solutions to Banks, Fintechs, Telecoms etc across the globe, Accura Scan is now set to introduce contact-less finger-biometrics & document-liveness checks.
  • The addition of contactless finger biometrics would mark a pivotal advancement.
  • The integration of contactless finger biometrics and document liveness detection simplifies the onboarding experience for users while significantly reducing the risk of fraudulent activities in Banking, Insurance E-Commerce & Telecom.
  • By bolstering eKYC and identity verification processes, Accura Scan contributes to regulatory compliance, ensuring adherence to stringent KYC/AML regulations across different jurisdictions.

Accura Scan to fortify eKYC & ID verification with Contactless Finger Biometrics & Document Liveness Check

Retrieved on: 
Monday, December 18, 2023
KYC/AML, Telecom, Risk, Trust, Digital, Insurance, Know your customer, AI, Account verification, Security printing, Online shopping, Fintech

Having established itself as a trusted provider of Digital KYC, Identity Verification & Customer Onboarding Solutions to Banks, Fintechs, Telecoms etc across the globe, Accura Scan is now set to introduce contact-less finger-biometrics & document-liveness checks.

Key Points: 
  • Having established itself as a trusted provider of Digital KYC, Identity Verification & Customer Onboarding Solutions to Banks, Fintechs, Telecoms etc across the globe, Accura Scan is now set to introduce contact-less finger-biometrics & document-liveness checks.
  • The addition of contactless finger biometrics would mark a pivotal advancement.
  • The integration of contactless finger biometrics and document liveness detection simplifies the onboarding experience for users while significantly reducing the risk of fraudulent activities in Banking, Insurance E-Commerce & Telecom.
  • By bolstering eKYC and identity verification processes, Accura Scan contributes to regulatory compliance, ensuring adherence to stringent KYC/AML regulations across different jurisdictions.

Cogitate Technology Solutions and Confianza Announce Partnership

Retrieved on: 
Wednesday, December 6, 2023
Policy, Data science, Risk, Confianza, Address, Ecosystem, Know your customer, EVP, Customer success

ATLANTA, Dec. 6, 2023 /PRNewswire/ -- Cogitate Technology Solutions announces the pre-integration of Confianza's property and auto data sets with DigitalEdge Insurance Platform to enhance data validation at submission, strengthen risk selection, and support renewals with real-time data.

Key Points: 
  • ATLANTA, Dec. 6, 2023 /PRNewswire/ -- Cogitate Technology Solutions announces the pre-integration of Confianza's property and auto data sets with DigitalEdge Insurance Platform to enhance data validation at submission, strengthen risk selection, and support renewals with real-time data.
  • Integrating this data into the policy administration system is also critical to Know Your Customer.
  • Confianza shares Cogitate's passion for data science and predictive modeling and we see them as an exciting fit," shares Samir Salem, EVP, of Customer Success for Cogitate.
  • The integration enables an instant customer 360 view of personal and business risks requiring just a name and address.

Aware and PeopleCert Align to Prevent Proxy Testing

Retrieved on: 
Wednesday, October 25, 2023
Trust, Knowledge, Varsity Blues, AWRE, Attention, Certification, IDS, Risk, Varsity, Student, KYC, Know your customer, Nursing, Security printing

Aware, Inc. (NASDAQ: AWRE) teamed up with the major player in examination and accreditation services, PeopleCert, to demonstrate how this issue can be addressed.

Key Points: 
  • Aware, Inc. (NASDAQ: AWRE) teamed up with the major player in examination and accreditation services, PeopleCert, to demonstrate how this issue can be addressed.
  • “The ease of proxy testing has increased due to online exams, e-learning and online certifications which makes the risk from it rise.
  • “Biometric authentication is an unsurpassed measure to prevent proxy testing in several ways,” Suzy Gunn, Chief Operating Officer for PeopleCert.
  • Biometric authentication is one of the many steps PeopleCert take in maintaining security, trust, and credibility.”