ELEMENTS Group Maintains eKYC Market Leadership for Seven Years
In a significant milestone, the ELEMENTS Group, through its subsidiaries Liquid and Polarify, announced that their eKYC services have been ranked No.1 in the eKYC market for seven consecutive years. This achievement comes from a comprehensive report published by IT Research, citing their impressive vendor sales market share from 2019 to 2025.
Overview of ELEMENTS Group's Online Identity Verification Services
The ELEMENTS Group introduced the LIQUID eKYC service in 2019 as part of their innovative identity verification solutions. Their service stands out due to its highly accurate facial recognition and image recognition technologies, which have contributed to a low dropout rate during the verification process. Their solutions are designed to comply with forthcoming legal regulations, facilitating widespread adoption across various industries.
The LIQUID eKYC service uses methods such as capturing photographs of identification documents like driver's licenses and My Number Cards, pairing them with a selfie for verification. They also offer alternatives that use public personal authentication (JPKI/smartphone JPKI), catering to the diverse identification needs in different sectors.
In March 2025, the group incorporated Polarify as a subsidiary and also started offering the Polarify eKYC service, which is similar to LIQUID eKYC. This addition strengthens their position in the digital identification landscape, marking significant growth for the ELEMENTS Group.
Consistent Growth in Market Share
The accolades continue for the ELEMENTS Group as they received the ISO/IEC 30107 certification for their Liquid PAD AI, which is a core component of their facial recognition and fraud detection systems, in December 2025. They have also been designated as a