## Section 1
Kiwoong Information & Communications (CEO Choi Byung-in), a data service platform specialist company, has launched its ‘Non-Face-to-Face [[KSTERM:실명확인]] Service,’ which simultaneously addresses prepaid business operators’ [[KSTERM:규제]] [[KSTERM:대응]] and [[KSTERM:매출]] expansion, in accordance with the revised Electronic Financial Transactions Act (Jeon-geum-beop) implemented in September 2024. The [[KSTERM:핵심]] of this service lies in perfectly fulfilling the Anti-Money Laundering (AML) and Customer Due Diligence/Enhanced Due Diligence (CDD/EDD) [[KSTERM:의무]] required by the revised regulations. Kiwoong Information & Communications’ ‘Non-Face-to-Face [[KSTERM:실명확인]] Service’ can preemptively block the disposition risk from the Financial Supervisory Service and reduce corporate legal liabilities through a step-by-step verification system that includes physical image OCR recognition and forgery/alteration verification, identity card authenticity confirmation, and non-face-to-face account [[KSTERM:실명확인]]. Especially, if advanced security is required, it can be immediately linked with face recognition services, raising the reliability of [[KSTERM:인증]] to the level of financial institutions.
Through security verification, if user identification conditions are met, the prepaid [[KSTERM:충전]] limit, which was restricted to 500,000 won for anonymous use, is immediately raised to 2,000,000 won. From the perspective of prepaid business operators, by resolving payment limit restrictions, they can establish a foundation to increase service utilization and maximize [[KSTERM:매출]].
Kim Jong-ho, Managing Director at Kiwoong Information & Communications, stated, “As the [[KSTERM:규제]] Environment for the prepaid industry has been elevated to the financial sector level, swift and accurate [[KSTERM:실명확인]] has become a [[KSTERM:핵심]] variable determining [[KSTERM:사업]] sustainability,” and he emphasized, “Through this service, which integrates advanced technologies such as facial recognition, we will support prepaid business operators in resolving legal risks and strengthening their business [[KSTERM:경쟁력]].”
Kiwoong Information & Communications has already proven its technological capabilities and stability by supplying related services to large domestic prepaid business operators like C-Pay. In addition, it is actively discussing implementation with numerous promising prepaid business operators and is solidifying its position as a data service platform by presenting a new standard for the non-face-to-face [[KSTERM:인증]] market.
Kiwoong Information & Communications’ ‘Non-Face-to-Face [[KSTERM:실명확인]] Service’ will be an essential solution that helps prepaid business operators resolve legal risks and achieve stable [[KSTERM:사업]] operation and continuous growth in the strengthened Electronic Financial Transactions Act [[KSTERM:환경]]. Kiwoong Information & Communications’ future steps are anticipated as it presents a new standard for the non-face-to-face [[KSTERM:인증]] market with innovative technology.
