CyberLink's online identity verification solution FaceMe eKYC adopted by a major Taiwanese financial institution, former large bank - Enabling fast and secure online loan applications using AI.

■Background
Yuan Da Bank has adopted CyberLink's online identity verification solution, FaceMe eKYC, in the mobile application process for the "Yuan Da Securities Customer Exclusive Loan Plan" to provide more flexible, convenient, and secure loan services to its securities customers.
■Solution Details
This solution integrates technologies for identity document and individual verification (1:1 comparison), authenticity verification of identity documents, fraud prevention, and AI OCR character recognition, enhancing review accuracy and reducing risks associated with forgery and theft, while simplifying and speeding up the application steps. As a result, users no longer need to visit a branch or make phone calls, allowing them to complete the entire application online, enabling loan limits to be established in as little as 15 minutes, significantly improving convenience.
■High-Precision Facial Recognition and Industry-Leading Fraud Prevention Features
FaceMe's facial recognition engine achieved an exceptionally high authentication accuracy of 99.83% in the latest FATE test conducted by NIST. Additionally, the fraud prevention feature achieved a 100% fraud detection rate in tests conducted by NIST, earning a top rating and showcasing industry-leading technology.

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