Facial recognition technology is expected to be rapidly adopted by commercial banks and savings banks, where voice phishing incidents are frequent. Accordingly, Alchera has signed a standard agreement with the Korea Federation of Savings Banks. Alchera plans to strengthen identity verification procedures for non-face-to-face account openings for a number of its member banks and support the efficient use of facial recognition technology.

Alchera, a company specializing in image recognition artificial intelligence (AI), held a ‘Support Seminar for Savings Banks’ on the 14th.

Recently, Alchera and the Korea Federation of Savings Banks signed a standard supply agreement for a "non-face-to-face ID verification service." At this event, savings bank officials from across the country discussed strategies and implementation methods for responding to the revised non-face-to-face real-name verification guide.

On the 5th, the Financial Services Commission announced a revised version of its "Non-face-to-face Real-Name Verification Guidelines." The revised guidelines include recommendations for financial institutions to utilize non-face-to-face real-name verification technology utilizing facial recognition.

Alchera held a seminar titled "Savings Bank Target Area Support Seminar in Response to the 2024 Non-Face-to-Face Real-Name Verification Guideline Revision Plan" to discuss strategies and methods for rapidly introducing facial recognition technology. We provided seminar attendees with a "Non-face-to-face Identity Verification AI Solution Promotion" necessary for non-face-to-face identity verification, and presented a reasonable and efficient introduction plan.

The promotion consists of △ID OCR △ID copy verification △ID authenticity verification △Facial Liveness, and Alchera is providing this as a domestic full line-up solution provider.

Alchera CEO Hwang Young-gyu stated, “Alchera possesses the nation’s best facial recognition technology, which is the standard for financial security,” and added, “We will reliably provide leading solutions in compliance with financial regulations.”

Meanwhile, in August of last year, Alchera won a contract with the Korea Financial Telecommunications and Clearings Institute (KFTC) for the "Joint ID Card Facial Recognition System Construction Project," which was implemented in accordance with the Financial Services Commission's "Financial Sector Voice Phishing Countermeasures." The system is being gradually implemented in Korea's primary financial sector, and additional orders are continuing to be secured from secondary financial institutions such as securities firms and insurance companies.