～Automatic judgment by image processing technology enhances anti-fraud measures using other people’s images, etc.～
Liquid Inc. announced that it will start offering a new authenticity determination function to prevent applications with fraudulent identification documents for the “LIQUID eKYC” identity verification service.
The authenticity determination feature for identity documents is a function that evaluates the genuineness of the identity document based on images of its surface taken by end users. It determines whether an application has been made with fraudulent documents, such as those projected onto a display (Display Attack) or printed on paper (Photo Attack). It can handle all types of documents, such as driver’s licenses, National ID, and passports, and automatically determines authenticity using image processing technology. In addition to eliminating the need for visual verification, it also removes inconsistencies in judgment accuracy that occurs with visual verification. It enables efficiency improvement in screening operations and strengthens measures against fraudulent applications, such as those using someone else’s identity document images.
※The authenticity determination function is a paid service. Please contact us for more details.
“LIQUID eKYC” with the largest share of the eKYC market for four consecutive years※1
The service provides online completion of identity verification required for online contracts, account registration, and account opening. We offer a method that takes a picture of an identification document or reads an IC chip and matches it with selfies, as well as a method that utilizes public personal authentication. We can also support age verification for student discounts. 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 20 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)
Liquid aims to make a seamless world where all 7.7 billion people in the world can easily and safely use all services through automatic and ubiquitous authentication. We provide our own Digital ID, KYC and Authentication service, where users can prove their identity anytime, anywhere in the world with their smartphone or face.We are expanding our service globally and utilise the know-how accumulated under the Japanese strict law and rule. We adapt our operations and services flexibly and quickly to changes in the required legal and security framework.