innov8tif ekyc for malaysia, singapore, indonesia

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MalaysiaD-08-08,SkyPark@OneCityJalan USJ25/1,Subang Jaya47650Selangor,Malaysia

AustraliaLevel40NorthpointTower100MillerStreet,NorthSydneyNSW2060Australia

KnowYourCustomers,Remotely

eKYC Technology

Innov8tifSince2011.• Australia,Malaysia,Singapore,and

Indonesia(Q12018)• PartnersinPhilippines,Thailand,Myanmar

DIGITIZINGBUSINESSPROCESSES1. DigitalCustomerOnboarding2. BiometricAuthentication3. DigitalProcessAutomation

DigitizingBusinessProcesses1.DigitalCustomerOnboarding

• Empowering40,000salesforcenationwideinMalaysiawithmobilesalescapability.

• Helpingcustomerstosavemorethan1millionpiecesofpaperannually.

• Patent-pending(myUI2017701511) Sure-Submit™technology.

• EquippedwitheKYC technologytocapturecustomer’sIDdetailsonmobile(e.g.passport,nationalID,driver’slicense)andperformreal-timefacialverification.

DigitizingBusinessProcesses2.BiometricAuthentication

• FacialrecognitiononmobiletoserveasTwoFactorAuthentication(2FA),i.e.softtoken,toenhanceaccountsecurity.

• Facialrecognitionforsmartbuildingandsecurityaccess.

DigitizingBusinessProcesses3.DigitalProcessAutomation

• DistributorofJogetWorkflow– aU.S.low-codeworkflowsoftware.

• JogetGlobalSpecialistteam.

• Servicesandconsultancyledbyformerco-foundersofJoget(2009-11).

• HarnessingelectronicdataofIndonesia’slargestoilpalmplantationcompany,involvingmorethan130estates&millswithvaryinginfrastructurechallenges.

eKYC

eKYC

1.IDCapture3.DocumentAuthentication

Customer’sMobileApp(Frontend)

OptionalServer-Side(Backend)ComponentsforMoreStringenteKYC

2.BiometricFacial

Verification4.IDDatabaseValidation

eKYC – IDCapture

OfflineReal-timeIDCaptureonMobile

IDCapture

IDCapture• BlinkID OCR(opticalcharacterrecognition)

technology.• World’sfastestofflineOCRscannerforIDcardsoniOS

andAndroidplatform.• SupportedID:

– Passport(MRZ)of150+countries– SoutheastAsian’sID:

• Allcitizen’s&foreigner’sIDsinMalaysia• Singapore’sNRIC(front&back)• Indonesia’seKTP

– European’sID:• NationalIDanddriver’slicense

– American’sID:• Driver’slicense(barcode)

– IDwithPDF417barcode

IDCapture• World-wideusecasesin:

– Banking&insurance– Telecommunications– Travel&tourism– Automotive– Security&lawenforcement– Government

• BlinkID forMalaysiaisalreadyimplementedtomostofthemobilenetworkoperators(telcos)inMalaysiawhoresponsiblefor25million2017-Q1 prepaidcardregistrations.

ValuePropositionsBlinkID Server-Side OCR Custom-DevelopedOCR

UserExperience • Work offline.• Fast.Noimageupload

required.

• Requireliveinternetconnection.

• Slow.

• Tobecustomizedbydevelopers.

Time-to-market • Immediate, asyouwantit. • Require customizationtosupportallIDsusedinMalaysia,asdescribedinearlierslide.

• Muchlongertime-to-market.

• Requirealotofoptimization,probablytakingyears.

RequirementforIDSamples • None.(exceptfor IDcardswhicharenotsupportedout-of-the-boxyet)

• Requirealotofsamples tosupporteachIDformat.

• Requirealotofsamples tosupporteachIDformat.

IDCardTemplateDetection • Yes,automatically detectedonmobile.

• Tobecustomizedbydevelopers.

• Tobecustomizedbydevelopers.

DataResidency &CustomerPrivacyPolicyCompliance

• Noconcern, asthereisn’tonlineservertransmissionofdata.

• It’saconcern, especiallyforbanking,financialandtelecommunicationcompanies.

• Itcouldbeaconcern,ifOCRisrenderedonserver-side.

eKYC – BiometricFacialVerification

AutomatedSecureFacialSighting

BiometricFacialVerification• FaceID issecurity-enhancedversionofFace++API–

theworld’sbestcommerciallyavailablefacialrecognitionAPI.

• FaceID comprises:– Client-sidelivenessdetection:

• Ensurethattheselfiephotocomesfromaliveface,bypromptingforlivenesschecksuchaseyeblink,headpitch,headyawandmouthmovement.

– Server-sidefacialverificationAPI:• ComparethelivefacephotoagainstIDphotoobtainedfrom

IDcard,andreturnwitharesultofconfidencelevel(%).

– Secureimagefingerprintverification:• Preventman-in-the-middleattack

FaceID

BiometricFacialVerification• Tracks106points onaperson’sface,oneof

thehighest!• Recorded99.50%accuracyonLFWface

database.• Implementedinmorethan30banking,

financialandP2Plendingusecases,includingAlipay,HSBC,ChinaMerchantsBank,XiaomiFinance.

• CoreengineR&DledbyformerChiefResearcherofMicrosoftResearchLab.

FaceID

FaceID ValuePropositionsFaceID FacialRecognitionAPI

byCloudProvidersCustom-DevelopedFacial RecognitionAPI

LivenessDetection • Workoffline inmobileplatform.

• Anti-spoofingattackalgorithm.

• Tobecustomizedbydevelopers.

• RequireadvancedAIknowledge.

• Tobecustomizedbydevelopers.

• RequireadvancedAIknowledge.

Time-to-market • Immediate, asyouwantit.

• Longertime-to-market.• Requiredevelopment

tomatchthegapforlivenessdetection.

• Muchlongertime-to-market.

• Requirehugeeffort,probablytakingyears.

RequirementforIDSamples

• None. • Require trainingsamplesforlivenessdetection.

• Require trainingsamplesforfacialrecognitionsandlivenessdetection.

On PremiseOption • Yes • No • Yes,ifthereisn’tdependency oncloudAPI

eKYC – DocumentAuthentication

AutomatedDocumentFormatChecking

DocumentAuthentication• IneKYCprocess,therearedocumentstobe

uploadedasimages,electronically.Thesedocumentsmayincludesupportingdocumentsofvariousforms.

• Throughautomatedserver-sideprocessing,thesedocumentscanbeautomaticallyinspectedbyadvancedmachinelearningsystemagainstisexpectedformat,tomakesurethatphotoofalionisnotuploadedforutilitybillinproof-of-address!

eKYC – IDDatabaseValidation

AutomatedIDNo.Checking

IDDatabaseValidation

• Thecustomer’sfullnameandIDnumbercapturedfromOCRcanbecross-checkedinserver-sideprocessing,withofficial(regulated)or3rd partydatabasestofurtherminimise thepossibilityoffraud.

KeyStrenghts

KeyStrengthsofInnov8tif’seKYC Solution1. Collaboratewithworld’stop5inanynichetechnology.

2. PartnernetworkinSoutheastAsiaforimplementationandlocaltimezonesupport.

3. Embeddabletechnology– availableasSDK.

4. Extendableintoworkflowautomation&omni-channelappsbyInnov8tif&partnersifrequired.

ThankYou

www.salesapp.biz

AustraliaInnov8tifSolutionsPtyLtd (ABN:73611511570)info@innov8tif.com.au+61285203833

MalaysiaInnov8tifSolutionsSdnBhd (958965-W)info@innov8tif.com+60386053141

SingaporeRealITConsultancy&ServicesPte Ltdsales@real-it.com.sg

IndonesiaPTItasof Pelagus Globalinfo@itasoft.co.id