Remitly Enhances Global Money Transfers with LIQUID eKYC Integration

In an innovative move to enhance user experience, Liquid Corporation, headquartered in Chuo, Tokyo, has announced the integration of its online identity verification service, LIQUID eKYC, with the international money transfer services offered by Remitly Japan. This partnership marks a significant step in simplifying the account registration process for users seeking to send money across borders.

Remitly, a service recognized for its swift and secure money transfer capabilities, operates in over 170 countries. Users can send money through various methods such as cash pickups, bank transfers, and mobile wallets without incurring any fees upon receipt. With the introduction of LIQUID eKYC, customers will be able to complete their identity verification online by simply capturing images of their identification documents and a selfie.

The integration of LIQUID eKYC comes in response to Japan's rigorous regulations demanding businesses ensure compliance with the Act on Prevention of Transfer of Criminal Proceeds. This service caters to the complex legal environment by adapting to various cases, particularly easing the management of My Number for foreign companies. The LIQUID eKYC is supported by a dedicated team specializing in foreign businesses, providing operational assistance and regulatory guidance in English.

Understanding Remitly's Services

Remitly focuses on three core principles: cost-effectiveness, speed, and reliability. Their digital international money transfer service is now more accessible than ever, operating in over 175 countries. The recent implementation of LIQUID eKYC simplifies the process, allowing users to complete their account registration by taking a few pictures with their smartphones, making money transfer procedures even more straightforward.

For more information, visit Remitly's website.

LIQUID eKYC: Market Leader in Identity Verification

LIQUID eKYC boasts a seven-year streak as the number one in market share for eKYC services, which streamline necessary identity checks for online contracts, account registrations, and more. The service enables users to verify their identity by capturing images of official documents like driver's licenses or My Number cards and correlating them with selfies. It also integrates public personal authentication methods such as JPKI (Japan Public Key Infrastructure) to provide a comprehensive verification solution.

With advanced AI technology, biometric measures, and Optical Character Recognition (OCR) techniques, LIQUID eKYC has achieved exceptional retention rates throughout the verification process. In total, the ELEMENTS Group has facilitated over 150 million identity verifications for more than 700 clients, showcasing its robust offering in the digital identity market.

Learn more about LIQUID eKYC by visiting LIQUID’s official site. Additionally, explore their public personal authentication page at JPKI.

About Liquid Corporation

Liquid is driven by the mission to create a world where the biometrics authentication makes services accessible and secure for everyone globally. Their solutions cater not just to finance but also to telecommunications, property transactions, C2C trading, and more, addressing the growing demand for online identity verifications across various sectors. With a focus on maintaining both convenience and security, Liquid provides extensive fraud detection mechanisms across industries.

Founded in December 2018 and operating from Tokyo, Liquid is committed to revolutionizing personal verification through advanced analytics and image processing techniques. Driven by the leadership of CEO Keiki Hasegawa, the company aims to build a seamless service infrastructure for users worldwide.

For more information, visit Liquid's website. Explore their services, including LIQUID eKYC here. Other offerings include LIQUID Auth (LIQUID Auth service) and their digital ID wallets, PASS and GPASS, tailored for specific user demographics.

About ELEMENTS Corporation

Located in the same building as Liquid, ELEMENTS Corporation aims to provide personalized optimization solutions leveraging biometric and image analytics innovations. On the Tokyo Growth Market, established in December 2013, ELEMENTS is pivotal in enhancing personal verification solutions across platforms.

For further details on ELEMENTS, visit their website.