#Japan #Tokyo #LIQUID eKYC #Vandle Card #Kanmu

Liquid Partners with Kanmu to Launch LIQUID eKYC for Vandle Card

In a significant advancement in online identity verification, Liquid, a subsidiary of the ELEMENTS group based in Chuo-ku, Tokyo, has teamed up with Kanmu, part of the MUFG group located in Shibuya-ku, Tokyo. They are now providing the LIQUID eKYC service, which leverages integrated circuit (IC) chips and facial recognition technology to facilitate the issuance of Kanmu's Visa prepaid card, known as the Vandle Card.

LIQUID eKYC Explained

The LIQUID eKYC service is designed to streamline the identification process for users applying for the Vandle Card. This innovative solution complies with the Financial Services Agency’s regulations, boasting an impressive automatic approval rate of approximately 99%. By relying on the capabilities of IC chips incorporated in official identification documents, such as driver’s licenses and My Number Cards, and pairing this with facial recognition, the service drastically reduces the burden associated with manual verification processes.

The implementation of LIQUID eKYC not only enhances efficiency but also addresses prior challenges, such as issues with unclear images and data entry errors. With the focus on improving user experience, Kanmu's previous method involved photographing identification documents and utilizing “non-delivery mail” for verification purposes. The integration of LIQUID eKYC marks a pivotal shift toward automation in this critical stage of card issuance.

Benefits of LIQUID eKYC

1. High Approval Rate

The introduction of LIQUID eKYC allows for automation in the approval process, with an overall accuracy that surpasses other compliance systems (with traditional identification verification having roughly a 6% failure rate). This service quickly matches user-provided facial data against existing records to confirm identity effectively without requiring face-to-face verification.

2. Online Convenience

A key advantage of the LIQUID eKYC service is the complete online application process it offers. Users no longer need to wait for non-delivery mail or navigate complex submission requirements. Everything, from application to approval, can be completed online efficiently, making the process not only faster but significantly more user-friendly.

3. Simplified User Input

By utilizing the IC chips embedded in My Number Cards, LIQUID eKYC reduces the need for users to input their personal information, such as name, address, and date of birth manually. This automation lessens the burden on applicants, further enhancing the overall user experience.

4. Fraud Prevention

With today’s increasing concerns about fraudulent activities, LIQUID eKYC takes rigorous measures to prevent misuse of personal identification. Utilizing electronic signature verification of the IC chip, the system can detect any tampering. Moreover, it validates that the user’s live facial image matches the information present on their identification document, providing a robust line of defense against fraud.

About the Vandle Card

The Vandle Card is designed primarily for younger users as a chargeable Visa prepaid card. It can be issued in as little as one minute, providing widespread access, with usage possibilities extending to over 200 countries and regions globally. Users appreciate the transparency and ease of management associated with chargeable cards, with convenience in both online and physical shopping settings. As of February 2025, Vandle Card surpassed 12 million downloads, reflecting its vast acceptance and popularity.

For more information on how to obtain a Vandle Card, visit Vandle's official website.

About LIQUID eKYC

LIQUID eKYC has consistently ranked as the number one provider in the eKYC market for six consecutive years. The service facilitates necessary identity verification for online transactions such as account registration or opening, significantly simplifying the user’s experience. Utilizing the advanced recognition capabilities of AI, biometric analysis, and OCR technologies, it has handled over 130 million identity verification requests throughout its service journey. For further details, visit LIQUID's eKYC page.

About Liquid

Liquid aims to create a seamless society where the use of services becomes simple and safe for everyone through biometric authentication. In addition to identity verification, the company also engages in various sectors including telecommunications and real estate transactions to ensure that the balance of user convenience and security prevails across its services. Founded in December 2018, Liquid is dedicated to offering cutting-edge solutions that optimally fit individual user needs. For more information about Liquid, visit Liquid's official site.