Appearance of bank apps in mobile phone alleviates the process of opening a bank account to no longer than 5 minutes. Customers only need to take selfie photos and enter NIK/KTP number that can be done anytime 24 hours anywhere.
Face Authentication
Authentication method through ATM PIN or OTP PIN/QR code sent to the cellphone still has security lacks where the account can be accessed by unauthorized people. A facial recognition features through the smartphones strengthen authentication process for cash withdrawal in ATM machine or OTP method to prevent fraud.
Facial-Recognition Based Payment
Facial Recognition Payment (FRP) has been recognized more secured for digital-payment method, as the human face is unique and can not be easily manipulated. Apart from its security concern, FRP is more doable because you no longer need to use mobile phone to make transactions. Just show your face, and you're good to go.
Blacklist Identification
Another issue of security lacks is to let someone with bad record on paying installment uses someone's data with a good track on payment record. This will lead a blacklisted customer to get additional credit. We can prevent the issue by verifying customer identity using facial recognition feature to validate their financial records.
Credit Scoring
A customer's credit score is a reference used by financial institutions to determine the value to be given to customers. Facial authentication eliminates complex documents when a customer wants to apply credit loan to bank or financial institutions where it takes days to score the credits. This feature enables the process of credit scoring by simply performs in minutes for the institutions to determine appropriate credit amount of each customers.
Claim: Insurance Policy, Pension Fund
Today, claiming insurance funds requires customers to bring their insurance card that when they forget the card or lose it, their medical treatment will take more time to process. Facial recognition method appears to let insurance customers to process the medical treatment without bringing any documents because their face will be recognize as an insurance policy holders.
Bansos: Government Social Assistance
The social assistance program is a government program to maintain economic stability and purchasing power. The distribution of this assistancece must be right on target so that it will be sent to the right person. Facial recognition method guards more accurate data to prevent fictious recipients.
Account Registration & SIM Card Replacement Verification System
Facial recognition method will also ease the process of SIM card replacement. Customers only need to verify their face identity in telecommunication providers office to get back the lost number that will be implemented to a blank SIM card. It prevents someone from missusing identity and can minimize telephone fraud to reselling and illegal transfer of mobile phone credits
Used Analytics
Optical Character Recognition
Face Liveness
Dukcapil Validation
Face Match
Face Enrollment
Face Recognition
Solution Implementation
Banking
Customer Onboarding
Face Authentication
Face-Recognition Based Payment
Blacklist Identification
Credit Scoring
Fintech
Customer Onboarding
Face Authentication
Face-Recognition Based Payment
Blacklist Identification
Insurance
Customer Onboarding
Credit Scoring
Claim: Insurance Policy, Pension Fund
Social Assistance
Customer Onboarding
Bansos: Social Assistance
Multifinance
Customer Onboarding
Blacklist Identification
Credit Scoring
P2P Landing
Customer Onboarding
Face Authentication
Blacklist Identification
Credit Scoring
Securitas
Customer Onboarding
Face Authentication
Telecommunication
Account Registration & SIM Card Replacement Verification System