Liquid and LINE Securities Team Up for JPKI Personal Authentication in LINE FX

Liquid's Innovative Partnership with LINE Securities

In a significant move to enhance user experience in foreign exchange trading, Liquid, a subsidiary of ELEMENTS Group, has collaborated with LINE Securities to introduce JPKI, which stands for the Japanese Public Key Infrastructure. This new service is integrated into LINE FX, enabling online identity verification for users without the need for manual document uploads or image captures that were previously necessary during the account opening process.

Background to the Partnership

Traditionally, the process of opening a trading account on LINE FX has required users to provide personal information, verify their phone numbers, upload identification documents, and create passwords. Previously, the LIQUID eKYC process involved matching captured photographs of identification documents to a user's selfie. While this system was effective in verifying identities, Liquid aimed to improve the customer experience by making the process faster and more convenient. This motivation led to the adoption of an IC recognition method for public personal authentication.

How the IC Package Works

With the new “IC Omakase Pack” service, users can complete their identity verification using the IC chip in their My Number card. This streamlined process utilizes a sophisticated channel detection system that automatically guides users to the most effective reading options based on their device environments, minimizing dropout rates. Additionally, Liquid has filed for a patent on technology that allows this form of public personal authentication to be conducted directly through a web browser, eliminating the need for users to download any applications.

This approach not only simplifies the verification process but also significantly reduces user workload and helps prevent abandonment during the sign-up phase. Currently, this functionality is available for iOS users, with plans to implement Android compatibility in the near future.

A Glimpse into LINE FX

LINE FX offers a user-friendly platform for foreign exchange trading, allowing users to access real-time market data and execute trades directly from their smartphones. For more information or to start trading, users can visit the official LINE FX site or download their trading app from the App Store or Google Play Store:

About Liquid’s eKYC

LIQUID eKYC stands as a leader in the identity verification market, boasting a six-year record of holding the largest market share. This service delivers online identity verification solutions that are critical for online transactions, including contracts and account registrations. Users can opt to verify their identity using various personal documents like a driver’s license or My Number card, with biometric selfie verification included. This service is essential for various sectors, including finance and telecommunications, by enabling efficient online verification processes.

Liquid Company Overview

Founded in December 2018, Liquid's mission is to create a seamless society that allows everyone, including over 8 billion global citizens, to access all services effortlessly and securely through biometric authentication technology. Liquid aims to meet the needs of diverse industries by providing advanced security and convenience solutions across various sectors, including finance and real estate.

Their corporate headquarters is located in Chuo City, Tokyo, and their innovative solutions have positioned Liquid as a key player in the identity verification landscape. For more about Liquid and their services, visit their website at Liquid Inc..

About ELEMENTS Group

ELEMENTS Group, established in December 2013, focuses on offering personalized optimization solutions utilizing biometric recognition and machine learning technologies. Their portfolio includes cloud services for personal information management, which support a broad range of industries and applications. More details about ELEMENTS Group can be found on their official site.