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)[email protected]+61285203833
MalaysiaInnov8tifSolutionsSdnBhd (958965-W)[email protected]+60386053141
SingaporeRealITConsultancy&ServicesPte [email protected]
IndonesiaPTItasof Pelagus [email protected]