ARGOS Signs Solution Supply Agreement with ICB…Provides ID Liveness–Based Authentication for Overseas Remittance Services

ARGOS has signed a solution supply agreement with ICB and will provide an automated solution that determines whether ID images are copies, based on ID Liveness, in the ICB overseas remittance service signup process.

ARGOS Provides ID Liveness–Based Authentication Process to ICB Overseas Remittance Service

Today, we would like to share the news that ARGOS has signed a solution supply agreement with overseas remittance service company ICB and will provide an ID Liveness–based ekyc solution to enhance the signup authentication process.

Through this collaboration, ARGOS will automate the process of determining whether ID images are copies previously handled manually in the signup stage of ICB’s overseas remittance service, and will build a faster and more accurate online identity verification environment.

Expansion of digital Financial Services and Changes in the Authentication Environment

As digital financial services rapidly expand, the importance of verifying the authenticity of IDs and determining forgery, alteration, and copy usage during the signup stage is becoming increasingly significant.

Especially in environments such as overseas remittance services, where a large number of users flow in within a short period of time, not only authentication accuracy but also processing speed and operational efficiency have become key factors that determine service competitiveness.

Authentication is now going beyond a simple procedure and is becoming a core infrastructure that simultaneously determines user experience and service trust.

ICB’s Signup Authentication Enhancement!

ICB is a company that operates an overseas remittance service, providing a service that allows domestic and international users to easily send money abroad in a online environment.

As the number of users and the service environment continue to expand, ICB felt the need to upgrade the authentication process during signup into a more consistent and efficient structure.

In particular, since the process of checking whether IDs were copies was previously handled directly by operators, there were limitations in satisfying both authentication accuracy and processing speed at the same time.

Accordingly, ICB decided to introduce ARGOS’s ID Liveness solution with the goal of establishing an authentication structure that could improve operational efficiency without harming the user experience.

Key Functions and Strengths of ARGOS ID Liveness Solution

In this collaboration, ARGOS provides an environment through Verify’s ID Liveness solution that automatically determines whether an ID is an original image captured by an actual camera.

ID Liveness uses image-analysis-based technology to analyze the shooting environment and characteristics of ID images, and automatically distinguishes between originals, copies, captured images, and screen-photographed images.

This automates the process of determining whether an ID is a copy, which was previously performed manually by operators, and makes it possible to improve both authentication processing speed and accuracy at the same time.

In addition, this process is designed to naturally blend into the existing signup flow, allowing users to maintain a fast and simple signup experience without complicated additional procedures.

Implementation Effect! Simultaneous Improvement in Accuracy, Speed, and Operational Efficiency

Through the introduction of this solution, ICB is expected to significantly improve both authentication processing speed and accuracy during the signup stage, while greatly reducing the burden of manual work for operators.

Users will receive a faster and smoother signup experience, and from an operational perspective, both authentication reliability and operational efficiency can be secured.

This can be evaluated as a practical case of upgrading authentication processes tailored to the overseas remittance service environment, going beyond a simple addition of functions.

Won-kyu Lee, CEO of ARGOS Identity, said, “Identity verification at the signup stage is the most important starting point that determines service trust,” adding, “Through cooperation with ICB, we have created a case that can improve both user experience and operational efficiency by introducing the ID Liveness solution into the ID verification process. We will continue to provide identity verification solutions optimized for various service environments.”

This case is a representative example showing how authentication processes should be upgraded in large-scale ekyc service environments such as overseas remittance.

ARGOS and ICB plan to continue building safer and more efficient authentication infrastructure by integrating various authentication technologies in the future.

ARGOS is advancing authentication environments across various industries such as platforms, finance, and fintech through AI-based identity verification technology. Now, build a safe and trustworthy authentication system with ARGOS!