CUBox Contactless Facial Recognition Solution Applied to SK Securities Mobile Service

AI video recognition specialist CUBox announced on the 28th that it has supplied its AI face recognition-based non-face-to-face identity verification (e-KYC) solution to SK Securities' mobile trading system ‘Jupasu3’, and after a stabilization phase, recently officially launched the service. Based on this, the company plans to actively pursue the premium e-KYC business.

According to the company, SK Securities applied CUBox’s AI face recognition real-name verification solution to its mobile trading system ‘Jupasu3’, providing AI face recognition services for ONE-STOP customer information retrieval, minimizing customer inconvenience and enhancing security. Additionally, face recognition is used throughout customer services within the mobile trading system, including mobile OTP issuance and non-face-to-face account opening, making ‘Jupasu3’ competitive in the domestic MTS market.

Starting with Shinhan Investment Corp. in 2022, CUBox completed the supply of e-KYC solutions to Shinhan Card this year, and now SK Securities, securing the most financial sector references among domestic AI face recognition companies. With world-class face recognition technology that ranked first in five categories at NIST’s (National Institute of Standards and Technology) FRVT (Face Recognition Vendor Test), and anti-spoofing detection technology capable of countering various facial forgery attacks such as photos, videos, and 3D masks using only smartphone and laptop cameras, CUBox is expanding its presence in the financial sector where high security levels are required.

A CUBox representative stated, "Our clients are considering applying AI face recognition technology not only to specific tasks but to all services requiring real-name verification in non-face-to-face financial transactions, so our e-KYC solution usage is expected to expand across non-face-to-face financial services in the future." They added, "Despite the application of cutting-edge AI technology, we offer a transaction-based charging structure, lowering initial adoption costs for financial institutions, and will continuously expand market share along with excellent technology." Furthermore, they said, "By applying our own AI technology not only to face recognition but also to ID card OCR and ID card authenticity verification, we will lead the premium e-KYC market."