Know Your Customer Rules in Japan: Liquid Provides Comprehensive Identity Verification Solution
In a rapidly changing digital landscape, identity verification has become a crucial aspect of doing business in Japan. With specific regulations and requirements for each type of service, businesses need to ensure that they are complying with know your customer (KYC) rules to avoid any legal repercussions.
Liquid’s Comprehensive Identity Verification Solution
Liquid, a leading provider of identity verification solutions, offers a comprehensive solution that combines document and appearance capture with the highest level of accuracy and judgment. The company’s proprietary image processing technology enables it to achieve low drop-off rates and high accuracy in automatic facial recognition, making it an ideal partner for businesses looking to streamline their KYC processes.
eKYC Dashboard: Simplifying the Process
Liquid’s eKYC Dashboard is supported by experienced reviewers who are available 24/7, 365 days a year, ensuring continuous operation and timely processing of applications. The dashboard also allows businesses to set up screening points in accordance with each regulation, simplifying the process and ensuring accurate completion by anyone.
Industries Served
In Japan, Liquid has been providing its identity verification services to various companies, including exchanges such as Binance and Coinbase. The company’s solution has been introduced across a variety of industries, including:
- Finance
- Telecommunications carriers
- Second-hand shops
- Sharing economy-related services
- Dating apps
- Cryptocurrency trading services
- Web3-related services like blockchain game guild services
Security and Performance
Liquid operates a platform using the cloud service AWS as a common infrastructure in compliance with the laws of each country. This allows for centralized investments in improving security and performance, while also ensuring individual database-level security through encryption.
Efficient and Accurate Solution
The company’s identity verification solution is not only accurate but also efficient, allowing businesses to achieve high levels of reliability without the need for additional costs and training. By outsourcing the confirmation of NG results from AI verification, businesses can focus on their core operations while Liquid takes care of the rest.
Customized Solutions
In addition to its comprehensive identity verification solution, Liquid is continuously expanding its supported languages to cater to a broader range of customers. The company’s sales representative will contact potential customers after they have completed their application and will work with them to propose the most suitable plan and provide a quotation.
Conclusion
Overall, Liquid provides a customized identity verification service that is tailored to the specific needs of various industries. By partnering with Liquid, businesses in Japan can ensure compliance with KYC rules while also streamlining their operations and improving customer satisfaction.