JACCS cooperates with FPT IS to deploy FPT.IDCheck and eKYC digital verification solutions
Recently, FPT Information System Corporation (FPT IS) and JACCS International Vietnam Finance Co., Ltd. (a member of Japan Consumer Credit Group – JACCS) have signed a cooperation agreement on implementation of eKYC electronic customer identification solution and FPT.IDCheck anti-fraud solution for digital identity verification, with aims to enhance anti-fraud capabilities and simplify procedures when verifying financial transactions.
FPT IS and JACCS sign the strategic cooperation agreement.
Mr. Dao Dinh Nam, Deputy Director of RAR Center, C06, Vietnam Ministry of Public Security says: “Currently, FPT IS is accompanying RAR Center, C06, Ministry of Public Security, to implement FPT.IDCheck anti-fraud solution for digital identity verification and other solutions of FPT IS’ digital authentication ecosystem for companies across the country. We expect FPT.IDCheck, eKYC will assist JACCS in financial transactions, thereby contributing to socio-economic development, providing secure digital experience, minimizing risks in business activities”.
Mr. Dao Dinh Nam, Deputy Director of RAR Center, C06, Ministry of Public Security, speaks at the event.
Being a member of one of the long-standing financial companies in Japan, JACCS’ business activities focus on credit business, credit card business, financial business… With a large and rapidly growing customer base, JACCS is in urgent need to adopt technologies into business activities to ensure digital verification accuracy.
Mr. Taniguchi Noboru – General Director of JACCS – affirms that the cooperation with FPT IS is an important milestone in JACCS’ business development strategy: “We are delighted to cooperate with FPT IS – a leading technology company in Vietnam – to deploy eKYC electronic customer identification solution and FPT.IDCheck anti-fraud solution for digital identity verification. JACCS expects that the two solutions will help the company strengthen capabilities of authentication and customer identification, and enhance competitiveness in Vietnamese financial market”.
Mr. Taniguchi Noboru – General Director of JACCS – affirms that the cooperation with FPT IS is an important milestone in JACCS’ business development strategy.
On behalf of FPT IS, Mr. Nguyen Hoang Minh, CEO of FPT IS, emphasizes: “FPT IS is honored to partner and deploy multiple key solutions for JACCS such as Electronic contract (FPT.eContract), Remote signing (FPT.eSign), Core Card system… and now eKYC and FPT.IDCheck. We expect that, with an accuracy of up to 100%, FPT.IDCheck, in cooperation with RAR Center – C06 – Ministry of Public Security, will be an useful utility for banks and financial institutions like JACCS to ensure maximum accuracy and security, enhancing customer service. In addition, with extensive experience in deploying eKYC solutions for domestic and international financial – banking customers, we are confident to comprehensively and effectively implement FPT IS’ authentication solutions for JACCS, delivering success to the cooperation”.
Mr. Minh also says FPT IS’ desire is to integrate technologies into customers’ business strategies, turning technologies into competitive advantages towards drastic growth. The CEO of FPT IS expects to have more opportunities to accompany JACCS and RAR Center – C06 – Ministry of Public Security to deliver high quality solutions and services, not only for business activities but also development of the society.
Mr. Nguyen Hoang Minh, CEO of FPT IS, affirms the determination to implement FPT IS’ authentication solutions in a comprehensive and effective way, delivering success to the cooperation.
Currently, FPT IS is one of few providers on the market with complete capabilities and legal basis to provide solutions and services for chip-based ID card verification. Previously, FPT IS has entered into cooperation with RAR Center – C06 – Ministry of Public Security as part of the Project to develop application of population data, identification, and electronic authentication aimed towards nation digital transformation for the period of 2022 – 2025 with vision to 2030, according to the Prime Minister’s Decision No. 06/QD-TTg dated January 6, 2022.
FPT.IDCheck allows to conduct chip-based ID card verification and face recognition with 100% accuracy based on anti-forgery AI technology compliant with ISO 30107-3, on the basis of chip-based ID card verification application of the Ministry of Public Security. The verification process is connected to user information from national information database, allowing to identify and verify customers’ identities with absolute accuracy and comprehensively eliminate risks of identity fraud in transactions.
In addition, as a stepping stone to deploy digital banking systems, eKYC is a comprehensive and seamless electronic (online) customer identification solution between users and financial institutions and banks. eKYC allows banks to identify customers 100% online, simplify document verification procedures, perform biometric verification without the need for face-to-face meeting at transactional offices compared to conventional KYC method.
With advantages of more than 20 years accompanying banking – finance industry, being the leading company to deploy numerous advanced solutions such as FPT Digital Onboarding, Remote signing (FPT.eSign), Electronic contract (FPT.eContract), FPT IS expects that the ecosystem of “Made-by-FPT-IS” authentication and security solutions will contribute to delivering perfect experience for users in digital transactions, thereby helping companies and organizations leap forward in digital era.
