Full Stack Co., Ltd. (CEO Won-gyu Lee) announced that it will participate in the ‘4 World IT Show (WIS 19)’ to be held at COEX in Seoul from Wednesday, April 21th to Friday, April 2023st.
Full Stack provides ARGOS KYC non-face-to-face identity verification, AML (money laundering risk analysis service), KYB (corporate verification), and ARGOS ID (travel rule solution) services to over 210 countries around the world. Currently, we have customers in 11 countries and are conducting business by establishing corporations in Korea and the United States. We mainly provide services to virtual asset operators, financial companies, and MVNOs (specialized telecommunications companies) that require customer identity verification or have an obligation to prevent money laundering, and help customers comply with the regulatory guidelines of the FATF and the Financial Services Commission. The company said it is providing help.
This exhibition introduces AI ARGOS non-face-to-face identity authentication technology. ARGOS KYC/AML solution provides services in the form of cloud-based SaaS for companies that verify customer identities non-face-to-face through online platforms.
Regarding this, a Fullstack official said, “Among domestic companies, our company is the only one that provides 4,000 types of overseas ID information, KYC, and AML solutions. “For domestic companies considering entering overseas markets, the introduction of the ARGOS solution is essential,” he explained.
ARGOS uses AI-automated ID and facial recognition technology to detect forgery, verify the authenticity of ID, and even provide money laundering risk analysis based on a watch list. In addition, it supports use without separate development through live-form and dashboard.
An official said, “For the financial technology industry, safe transactions in areas such as customer identity verification and anti-money laundering (AML) are very important. However, in these fields, it takes a lot of time and money for customers to verify their identities face-to-face, which causes inconvenience to customers. “The solution to this problem is non-face-to-face identification technology,” he said. “Existing non-face-to-face identification technology had problems with security and accuracy, so it was often not used in practice. To solve these problems, we developed ARGOS KYC non-face-to-face identity verification and AML services. “This service utilizes advanced artificial intelligence (AI) technology to provide high security and accuracy for customers’ safe transactions,” he emphasized.
Based on this know-how, Fullstack is focusing on Korea, as well as Anglo-American countries such as the US, Canada, Australia, and the UK, and Southeast Asian markets such as Singapore and Vietnam.
In addition, Fullstack has completed the development of a travel rule called ARGOS ID and a crypto wallet authentication solution such as MetaMask within the Web 3.0 blockchain industry area. We are promoting convenience in complying with domestic and foreign virtual asset business regulations, onboarding between companies and users, and transferring virtual assets. In addition, we plan to pursue better non-face-to-face identity verification and blockchain ecosystem based on ARGOS KYC, a non-face-to-face user identity authentication service, artificial intelligence facial recognition, and DID technology.
An official said, “We are doing our best to make this a year in which we leap forward as a global SaaS service in the domestic non-face-to-face identity verification field, both in name and reality.”
Meanwhile, the ‘World IT Show’, a one-stop platform for digital transformation, is a representative exhibition leading the next-generation high-tech industry. The 2023 World IT Show, with the slogan ‘Changing our life, K-Digital’, will feature △AI, IoT & ICT convergence services △Digital Twin & Metaverse △Smart Living and Healthcare △Robotics The latest technologies and products in the fields of △future mobility such as autonomous driving and UAM, and △blockchain & security will be displayed and introduced. In addition, the ‘WIS 2023 Innovation Award’ and the ‘2023 Korea ImpaCT-ech Grand Prize’ will be awarded to the technologies and products that attract the most attention among participating companies.