TAIPEI, Taiwan–(BUSINESS WIRE)–22. February 2023–
CyberLink (5203.TW), a pioneer in AI and facial recognition technologies, announced a partnership with Yuanta Life to secure external insurance services. By integrating FaceMe eKYC & Fintech, an AI-based plug and play eKYC solution that includes state-of-the-art facial recognition and proprietary video conferencing technologies, Yuanta Life is able to securely verify the customer’s identity when facilitating insurance contracts remotely.
The insurance industry responded to the Covid pandemic by accelerating digital transformation – offering new approaches to minimize the need for physical face-to-face contact between customers and insurers. In response to this trend of outsourcing insurance contracts, CyberLink provided a plug and play solution, FaceMe eKYC & Fintech, which incorporates proprietary video conferencing to enable insurers to initiate a secured and recorded video call. Top-rated AI facial recognition technology is then used to verify that the customer’s appearance matches the image on their provided identification document. CyberLink also offers an OCR and AI-based mechanism to check the authenticity of the customer’s ID document.
As demonstrated by the recent partnership between CyberLink and Yuanta Life, FaceMe eKYC & Fintech is an ideal solution for eKYC applications in the financial and insurance industries. The integration of FaceMe eKYC & Fintech enhances Yuanta’s external insurance service, by not only improving the customer’s experience when completing external and paperless insurance contracts, but also by helping insurers comply with government regulations and minimize the potential risk of significant financial fraud.
CyberLink aims to improve and expand facial recognition applications in the financial industry. “As long as your customer base is people, and identity verification is a requirement in your business, you can use FaceMe,” said Jau Huang, chairman and CEO of CyberLink. “FaceMe can significantly improve the customer experience without compromising security, and CyberLink is confident it will play a critical role in building the future of fintech.”
Find out how FaceMe eKYC & Fintech can help your business: https://cyberlink.com/faceme/solution/Fintech_eKYC/overview
See the source version on businesswire.com: https://www.businesswire.com/news/home/20230215005062/en/
CONTACT: Press
KEYWORDS: TAIWAN ASIA PACIFIC
INDUSTRY KEYWORDS: TECHNOLOGY MOBILE/WIRELESS SECURITY AUDIO/VIDEO SOFTWARE HARDWARE DATA PROCESSING ARTIFICIAL INTELLIGENCE CONSUMER ELECTRONICS
SOURCE: CyberLink
Copyright Business Wire 2023.
PUB: 22/02/2023 09:30/DISC: 22/02/2023 09:31
