KakaoBank Becomes First Private Company to Pass Mobile ID Facial Recognition Compliance Assessment

Telecommunications Technology Association (TTA) Assessment

KakaoBank announced on September 19 that its self-developed artificial intelligence (AI)-based facial recognition technology has passed the mobile ID facial recognition compliance assessment conducted by the Telecommunications Technology Association (TTA) of Korea.

The TTA is a nationally accredited institution established to set and distribute ICT standards and provide testing and certification support, and is a specialized ICT testing and certification organization. The TTA conducts compliance assessments to verify whether mobile ID services utilizing facial recognition technology meet security and performance standards. Among not only financial institutions but also private companies that launched mobile ID services in July, KakaoBank is the only company to have passed the mobile ID facial recognition compliance assessment with its own technology.

Selected by the Ministry of the Interior and Safety as a participating company in the private sector opening of mobile ID, KakaoBank launched its mobile ID service in July, enabling identity verification at hospitals, banks, government offices, convenience stores, and more without a physical ID card. The mobile ID issued through the KakaoBank application can be used in both online and offline settings, and users can also select the mobile ID next to the wallet icon at the top of the More tab in KakaoTalk. To ensure customers can conveniently use the mobile ID regardless of device, both Android (Samsung Wallet-supported devices) and iOS operating systems are supported.

KakaoBank plans to further enhance its mobile ID service and strengthen security by utilizing the technology that has passed the TTA assessment.

KakaoBank stated, "Passing this compliance assessment proves that KakaoBank can provide safe and convenient financial services to customers with its own technological capabilities," adding, "We will continue to strengthen the financial safety net and create a secure service environment for users through technological innovation."

This content was produced with the assistance of AI translation services.