Liquid's eKYC Service Streamlines SIM Card Verification for GOJAPAN Mobile

Liquid's Innovative eKYC Service for GOJAPAN Mobile

The telecommunications landscape is experiencing a significant enhancement with the introduction of the online identity verification service "LIQUID eKYC" by Liquid, a company under the ELEMENTS group. This new service caters to the mobile communication service "GOJAPAN Mobile," provided by Go Japan Co., Ltd., which is notably focused on delivering seamless communication experiences for both inbound and residing foreign customers in Japan.

Understanding the Service

LIQUID eKYC simplifies the process of identity confirmation during SIM card applications. Traditionally a cumbersome procedure, it now utilizes modern technology to facilitate identity verification through two innovative methods: optical reading of IC chips from public identification documents and facial image capture. This reduces the necessary review period, fostering efficiency in SIM card application approvals while also bolstering measures against fraudulent usage of SIM cards.

This initiative addresses the pressing needs of today's mobile users, particularly foreigners living in or visiting Japan, who seek reliable and hassle-free mobile communication solutions. With the LIQUID eKYC service, verification can be completed electronically, offering convenience alongside security.

Background on Liquid and Go Japan

Liquid, headquartered in Chuo, Tokyo, under the command of CEO Takaki Hasegawa, is at the forefront of online identity verification. With this introduction, they aim to enhance operational efficiency within back-office verification scenarios while simultaneously curtailing manpower and time invested in standard verification practices.

Go Japan Co., Ltd, established in May 2016 and located in Taito, Tokyo, has evolved as a leader in providing mobile communication solutions specifically tailored for international tourists and foreigners residing in Japan. They aim to enhance connectivity through the provision of SIM cards, rental/purchase of pocket Wi-Fi, and various supporting internet services. They have quickly adapted to the changing demands of the mobile communication sector, offering practical and user-friendly mobile plans through their service, GOJAPAN Mobile.

The Rise of eKYC

Amongst the significant players in the market, LIQUID eKYC has already made a mark by achieving the number one position in market share for six consecutive years, as indicated by ITR reports focusing on identity and access management for online security solutions. LIQUID eKYC not only facilitates documentation processes for various online contracts, account registrations, and bank account openings but also utilizes an AI-driven approach for identity verification. The capabilities of LIQUID eKYC extend to verifying identity through multiple channels such as driver's licenses and My Number cards, ensuring that facial recognition checks can be effortlessly conducted.

The service has processed an impressive 150 million identity verification requests and boasts a cumulative tally of around 600 client companies adopting this innovative solution.

The Future of Identity Verification

Liquid’s overarching ambition is to revolutionize the realm of authentication in a way that allows everyone, regardless of their unique identity, to engage safely and effortlessly with various services. Through advancements in biometric authentication and cutting-edge analytics, Liquid aims to create a seamless integration of security and usability within digital services.

Additionally, the company is committed to addressing various compliance needs within different sectors, such as telecommunications and financial services, by ensuring effective, cross-sector fraud detection methodologies. This strategy aims to bridge convenience and security for every user.

In conclusion, as Liquid collaborates with Go Japan to deploy its eKYC solutions, it not only enhances efficiency in communications but also contributes to a safer environment against identity fraud. With ongoing developments projected in this area, users can anticipate a future of enhanced user experiences, driven by technological innovations and responsive service adaptations.