Busan Bank Applies 'Original ID Verification System' for Non-Face-to-Face Real-Name Authentication
BNK Busan Bank established the ‘Non-face-to-face ID Original Verification System’ on the 24th to prevent financial fraud that may occur through non-face-to-face channels such as mobile banking.
The ‘Non-face-to-face ID Original Verification System’ verifies not only the issuance information of IDs such as ▲Resident Registration Card ▲Driver’s License ▲Passport captured during the non-face-to-face real-name verification process, but also distinguishes high-resolution color copies, monitor photographs, etc., to verify whether the ID is original.
Busan Bank completed AI-based ID image learning and testing under various camera shooting environments to build the system.
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In the future, the bank plans to continuously promote the protection of financial consumers and enhance users’ digital experience by linking with the ‘ID Facial Recognition Joint System’ being prepared by the Korea Financial Telecommunications & Clearings Institute.
Jo Eok-je, Head of Digital Strategy Department at Busan Bank, said, “We expect this system to contribute to preventing fraudulent use of IDs and financial accidents within non-face-to-face channels,” adding, “Busan Bank will continue to build non-face-to-face systems that financial consumers can trust.”
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