eKYC, identity verification solutions

eKYC vendors,identity verification vendors and users

Upon revisions to the Act on Prevention of Transfer of Criminal Proceeds in November 2018, eKYC that allow personal identification online has become legal. It is now used for financial institutions, remittance apps, sharing services, etc. that require personal identification. In association with My Number Cards that have been increasingly issued, use of public identity verification has widespread. In addition to eKYC service functions by vendors, this report covers the status of deployment in each industry and analyzes the perspectives of the market, based on the current market size and statuses.

I    Overview

1. About eKYC (electronic Know Your Customer)
   1) About identity verification
   2) Law amendment regarding identity verification
   3) Method of identity verification prescribed in Act on Prevention of Transfer of Criminal Proceeds
2. External Environment regarding eKYC
   1) Activities at Digital Agency
3. eKYC Market Size
4. Future Perspectives
   1) Market forecast for eKYC/identity verification solutions
   2) eKYC market perspectives (2020 to 2026)
5. Potential Utilization of eKYC
   1) Areas where eKYC is utilized (financial institutions, non-financial institutions, for security improvement, for online trading, when using offline, when used unlawfully) 
   2) Effect of eKYC
6. Challenges in spreading eKYC
   1) Challeges at businesses that implement eKYC, challenges in identification verification, and challenges in system
   2) Challenges in business environment

II    Current Status and Attempts by Vendors

1. About eKYC (electronic Know Your Customer)
2. List of Service Vendors
3. Comparison of Service Functions
4. Approaches at Vendors
   1) Outline of efforts at each vendor
   2) Business strategy
   3) Business model
   4) Targets, clients
   5) Future perspectives
   6) Challenges
5. eKYC Market Size and Future Outlook

III    Identity Verification Service Providers

1. About Identity Verification Solutions
2. List of Identity Verification Solution Vendors
3. Approaches at Vendors
4. Market Size and Future Outlook

IV    Deployment of eKYC

1. Deployment in Lawful Industries
   1) Deployment in industries related to the Act on Prevention of Transfer of Criminal Proceeds
   2) Deployment in industries related to Mobile Phone Improper Use Prevention Act
2. Deployment in Unlawful Industries

V    Company Profiles

12 enterprises including vendors and financial institutions.