Samsung Life is enhancing the security and convenience of remote financial transactions.
On August 3, Samsung Life announced that it has become the first in the insurance industry to simultaneously implement the Financial Settlement Agency's 'facial recognition' and 'biometric authentication (FaceKey)' services for mobile operations.
Previously, remote identity verification primarily relied on methods such as photographing identification cards or bank transfers, which raised concerns about the vulnerability to forgery and identity theft. Samsung Life aims to improve the reliability of identity verification and reduce the risk of fraudulent transactions by introducing a system that utilizes unique facial information that cannot be replicated.
Biometric authentication (FaceKey) can be used after a one-time registration on Samsung Life's mobile website and customer plaza. Once registered, users can access various services, including logging in, confirming final insurance transactions, and remote identity verification, without needing to repeat the authentication process.
A Samsung Life representative stated, 'Recently, customer interest in personal data protection and the safety of financial transactions has increased. As we are the first in the industry to introduce the highly secure and reliable facial and biometric authentication services from the Financial Settlement Agency, we will continue to expand a financial environment where customers can use our services with confidence.'
* This article has been translated by AI.
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