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eKYC Market Share No.1 for 6 Consecutive Years, with a Total of Approximately 130 Million Identity Verifications and About 600 Contracted Clients

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~ Adopted by Leading Industry Players, with 66% Share in Banking and 96% in Telecommunications ~

TOKYO, April 24, 2025 /PRNewswire/ — Liquid Inc., a member of the ELEMENTS Group, is pleased to announce that “LIQUID eKYC,” has achieved the No.1 market share for the sixth consecutive year in vendor revenue share within the eKYC market. This recognition comes from the market research report “ITR Market View: Identity & Access Management / Personal Authentication Security Market 2025” published by ITR Corporation (Head Office: Shinjuku-ku, Tokyo; President: Motohiro Miura).

Background
Since 2019, the ELEMENTS Group has been offering the online identity verification service “LIQUID eKYC” as one of its personal authentication solutions. The service supports a variety of verification methods, including capturing images of identification documents such as driver’s licenses and My Number cards, reading data from IC chips, and matching them with a selfie, as well as utilizing public personal authentication methods (JPKI / smartphone JPKI). These capabilities have enabled the company to meet identity verification needs across a wide range of industries. In March 2025, ELEMENTS Group acquired Polarify as a subsidiary and now also provides the “Polarify eKYC” service, which, like “LIQUID eKYC,” enables online identity (and background) verification.

About Market Share

No.1 Market Share for 6 Consecutive Years※, with Approximately 130 Million Cumulative Identity Verifications and Around 600 Client Companies

Our online identity verification service, LIQUID eKYC, has been increasingly adopted across various industries due to its low user drop-off rate enabled by highly accurate facial recognition and image processing technologies, along with its advanced IC solutions designed to anticipate future legal and regulatory changes. As a result, it has maintained the No.1 market share for six consecutive years. ※

Including Polarify eKYC, the ELEMENTS Group has achieved approximately 130 million cumulative identity verification transactions and has contracts with about 600 companies in total.

By Industry: 66% Share in Banking and 96% in Telecommunications (According to Our Research)

In the banking sector, 66% of banks that have implemented eKYC have adopted the ELEMENTS Group’s online identity verification services. In the telecommunications sector, 3 out of the 4 major mobile carriers in Japan are using our solutions, representing a 96% share based on the number of contracts. This demonstrates the strong trust we have earned in industries where identity verification is mandated by laws such as the Act on Prevention of Transfer of Criminal Proceeds and the Act on Prevention of Improper Use of Mobile Phones.

About LIQUID eKYC: No.1 Market Share for Six Consecutive Years※
The service provides online completion of identity verification required for online contracts, account registration, and account opening. We offer a method that takes a picture of an identification document or reads an IC chip and matches it with selfies, as well as a method that utilizes public personal authentication (JPKI / Smartphone JPKI). We can also support age verification for student discounts. Our proprietary AI, biometric, and OCR technologies have enabled us to maintain a low drop-off rate from the start to the end of the photo shooting process. As a result, the ELEMENTS Group has achieved a cumulative total of approximately 130 million identity verifications, with around 600 companies having adopted our services.
Website: https://liquidinc.asia/global/kyc-application/

※ITR “ITR Market View: Identity Access Management / Personal Authentication Type Security Market 2025 eKYC Market: Sales Value Share by Vendor (FY2019-FY2024Forecast)

About Liquid Inc.
Liquid aims to create a seamless world where all of the world’s approximately 8 billion people can easily and safely use all services as they are, by automatic and ubiquitous authentication. We provide our own Digital ID, KYC, and Authentication service, where users can prove their identity anytime, anywhere in the world with their smartphone or face. We are expanding our service globally and use the know-how accumulated under the strict Japanese laws and rules. We adapt our operations and services flexibly and quickly to changes in the required legal and security framework.
For more information, visit: https://liquidinc.asia/global/

View original content:https://www.prnewswire.com/apac/news-releases/ekyc-market-share-no1-for-6-consecutive-years-with-a-total-of-approximately-130-million-identity-verifications-and-about-600-contracted-clients-302435660.html

SOURCE Liquid, Inc.

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Carro brings back award-winning ‘No Drama’ ads to celebrate 10 years of revolutionary car buying and selling services for customers

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Carro brings back ‘No Drama’, their award-winning ad series which parodies drama cliches to highlight its trustworthy, reliable, and transparent practicesThe 2-part campaign will reveal a second film in June Their 2023 ‘No Drama’ campaign garnered more than 38 million views and took home six awards at the YouTube Works Awards Southeast Asia

SINGAPORE, May 19, 2025 /PRNewswire/ — Carro, Asia Pacific’s largest and fastest-growing online used car platform, is celebrating thousands of satisfied customers in Asia Pacific since 10 years of inception, in a new campaign that spotlights their drama-free and seamless car buying and selling experience. A second Hong Kong crime genre ad will be released in June.

 

Produced by Carro’s in-house team and fully shot in South Korea, the first ‘No Drama’ ad takes us back to the Joseon Dynasty where even the king cannot escape conniving tricksters who are trying to persuade him to sell off his trusty ride for a fraction of what it’s worth. How will Carro save the kingdom from ruins?

Carro’s ‘No Drama’ series first launched in 2023 in the form of 3 short films that tapped into typical drama cliches to juxtapose the drama-free nature of buying a Carro Certified car that is As Good As New. The campaign went viral with more than 38 million views in total, and earned Carro six awards at the YouTube Works Awards Southeast Asia, including the Overall Winner for “The Big Bang Southeast Asia” category.

Carro Chief Marketing Officer Katherine Teo says, We’ve heard what our customers have said over the last 10 years: that selling their car can be stressful, complicated and long drawn. That’s why we keep our processes transparent and stress-free, and all the drama they see will only be from our ads – no matter whether they’re selling to us or buying a Carro Certified car that is As Good As New. Comedy remains a great medium for us to tell our story and we are so excited to be able to deliver our message in a manner that is entertaining and fresh.”

Carro offers a 100% transparent and convenient process that allows customers to begin their car-selling journey online at carro.co. In markets like Hong Kong and Malaysia, customers don’t even have to leave their home as Carro staff take the inspection and quotation processes right to their homes.

“At Carro, we take pride in setting a new standard of transparency and trust in the used car industry. Our commitment to providing 100% clear quotations and straightforward processes ensures that our customers feel confident and cared for at every step, even if it means appearing at their doorstep,” says Carro Chief Operating Officer Chua Zi Yong. “With the understanding that every market is unique, we are deeply committed to delivering the Carro experience in a way that is not only convenient and worry-free, but also truly resonates with what our customers value and need.”

Since its founding in 2015, Carro has been building its proprietary technologies and tapping into AI solutions to revolutionise the car ownership experience. Carro has grown from a Singaporean used car marketplace to Asia Pacific’s No. 1 used car online marketplace spanning 7 markets, complete with a strong in-house ecosystem that includes financing options, insurance offerings and aftersales services. The company also started selling brand new cars in Singapore, with plans to roll out this product line in other selected markets.

The ad is running in Singapore, Malaysia, Indonesia, Japan and Hong Kong. Look forward to No Drama Part 2 in June 2025, and head over to carro.co for all your car needs.

About Carro

Founded in 2015, Carro is Asia Pacific’s largest online used car marketplace. By offering a trustworthy and transparent experience, Carro transforms the traditional way of buying and selling cars through proprietary pricing algorithms, AI-enabled capabilities, and innovative technological solutions. As of March 2025, Carro has started selling Brand New cars in Singapore.

Headquartered in Singapore, the unicorn startup has raised over S$700 million from Softbank Vision Fund and several sovereign funds. It recorded its best ever full-year positive EBITDA of S$43 million in FY2024. Together with its subsidiaries and business lines, Carro is supported by more than 5,000 employees across Asia Pacific:

Carro, Asia Pacific’s largest online used marketplace with a strong key presence Singapore, Malaysia, Indonesia and Thailand, and a recent expansion into Japan, Taiwan, and Hong KongCarro Care Powered by Jardine & Cycle, Carro’s in-house refurbishment and after-sales servicing capabilitiesGenie Financial Services, a next-generation fintech automotive financing provider in Singapore, Malaysia, Indonesia and ThailandMPM Rent, leading mobility solutions company in Indonesia specialising in leasing / fleet financing transportation servicesInnorithm, a next-generation fleet management solutions company leveraging state-of-the art IoT and machine learningKaidee, Thailand’s largest online shopping and classifieds platform

For more information, please visit: www.carro.co.

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SOURCE Carro

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Akamai Cloud Helps Eliminate Egress Costs for IRIAM

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Keeping real-time performance while lowering infrastructure costs

TOKYO, May 19, 2025 /PRNewswire/ — Akamai Technologies GK has succeeded in reducing the outbound communication costs (egress costs) for the streaming servers of IRIAM Inc. to almost zero through its cloud service, Akamai Cloud. The move to Akamai Cloud has also contributed to reducing the overall cost of the streaming servers from one-third to less than one-tenth of the total cost of the cloud infrastructure.

IRIAM’s key feature is its community-oriented structure, with close engagement between live streamers (who stream their content using the live-streaming platform) and listeners. To create streams that simulate talking face-to-face, IRIAM created a communication environment that prioritizes real-time performance and minimizes communication lag as much as possible. IRIAM aims to constrain lag to 0.1 seconds, and has independently developed and operates a communication method called the motion-live method.

As the number of users increases and the business grows, however, IRIAM’s network costs are increasing. Network costs accounted for more than one-third of the cost of using cloud infrastructure. These network costs were becoming an issue, and after Akamai started offering cloud services, IRIAM reviewed the Akamai Cloud offerings, and realized that Akamai was able to resolve the issue.

The result of migrating streaming servers to the Akamai Cloud that was most appreciated by IRIAM was the cost savings from Akamai’s proprietary pricing structure, which includes network usage fees as part of the server instance usage fees.

For example, an entry-class “Shared 4 GB” instance has no network transfer charge for up to 2 terabytes. In IRIAM’s case, outbound communication per server is limited to staying within 2 terabytes, so virtually all streaming servers can be operated with the only real cost being the server instance. Even if the limit is exceeded, the extra cost is extremely low, at US$0.005 per 1 GB (as of April 2025).

The amount of network traffic used on the previous cloud was 200 terabytes per month, costing hundreds of thousands of dollars a year. Moving to Akamai Cloud has removed these costs from IRIAM’s fees. Since then, network traffic has increased to approximately 300 terabytes per month as IRIAM’s services have grown, but all traffic still operates within the free quota that comes with each streaming service instance.

After the migration, the network costs as part of the entire infrastructure were reduced from one-third to almost zero, and IRIAM’s streaming server usage fees were reduced by approximately 50% on top of that.

In addition to the cost savings, IRIAM also highly praised the ease of migration and the service stability.

Akamai Cloud also supports API management, allowing the migration to be completed by simply switching the streaming server to the Akamai Cloud while maintaining the existing virtual machine management mechanism as is. CPU and memory utilization is stable and transmission errors on the network are rarely observed.    

IRIAM launched its service in the United States in November 2024. The attentive support and the fast response times are attractive features of the service, and its stability and reliability, coupled with the ease of global deployment, make it a great help for IRIAM’s future business developments in the United States.

Hirokazu Higuma, Managing Director of Akamai, said, “We’re pleased that IRIAM Inc., who have created a new culture on the internet, has adopted Akamai Cloud. We will continue to support IRIAM’s further business growth, starting with their global expansion. Akamai serves its customers more by delivering ever faster, safer, and more stable internet solutions, and by empowering and safeguarding people’s online lives.”

Read the Akamai Cloud product brief to learn more.

About Akamai
Akamai is the cybersecurity and cloud computing company that powers and protects business online. Our market-leading security solutions, superior threat intelligence, and global operations team provide defense in depth to safeguard enterprise data and applications everywhere. Akamai’s full-stack cloud computing solutions deliver performance and affordability on the world’s most distributed platform. Global enterprises trust Akamai to provide the industry-leading reliability, scale, and expertise they need to grow their business with confidence. Learn more at akamai.com and akamai.com/blog, or follow Akamai Technologies on X and LinkedIn.

CONTACT: Akamai PR, akamaiPR@akamai.com 

View original content:https://www.prnewswire.com/apac/news-releases/akamai-cloud-helps-eliminate-egress-costs-for-iriam-302458602.html

SOURCE Akamai Technologies, Inc.

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AnX Robotica Unveils NaviCam XS, NaviCam XST, and ESView 3.0 at DDW 2025 to Exceptional Industry Response

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PLANO, Texas, May 19, 2025 /PRNewswire/ — AnX Robotica, a leader in robotic capsule endoscopy and advanced GI diagnostics, proudly announced the successful launch of NaviCam XS, NaviCam XST, and ESView 3.0 during Digestive Disease Week (DDW) 2025. The unveiling drew exceptional interest, with clinicians, researchers, and industry professionals visiting the AnX Robotica booth to witness the next evolution in GI visualization technology.

AnX Robotica Showcases Breakthrough GI Technologies at DDW 2025

NaviCam XS, the latest addition to the NaviCam platform, introduces a capsule that is 44% smaller by volume than standard small bowel capsules, designed for enhanced patient comfort and easier ingestion without compromising on image quality or diagnostic reliability. This next-generation capsule further advances the possibilities of capsule endoscopy.

Alongside NaviCam XS, NaviCam XST made its debut, offering real-time esophageal visualization through a tethered capsule design. With ESView RT Display, clinicians can seamlessly navigate the esophagus without the need for sedation, providing an ideal solution for evaluating conditions such as reflux, and esophageal varices in real-time.

AnX Robotica also showcased ESView 3.0, the most advanced version of its software platform to date. With an intuitive interface, enhanced image clarity, and streamlined workflow, ESView 3.0 allows for faster interpretation, real-time annotation, and seamless report generation—enabling physicians to optimize diagnostic efficiency and patient outcomes.

“The response at DDW 2025 has been overwhelmingly positive,” said Stu Wildhorn, Vice President of Marketing and Product Management at AnX Robotica. “The enthusiasm from clinicians around NaviCam XS, XST, and ESView 3.0 underscores the market’s demand for non-invasive, high-resolution GI visualization. These innovations are not just advancing technology; they are setting a new standard for patient care.”

The high-traffic booth at DDW served as a launchpad for these technologies, with live demonstrations, hands-on sessions, and presentations that highlighted the precision, ease of use, and clinical impact of the new products. Attendees expressed strong interest in how these solutions can redefine both diagnostic efficiency and patient experience.

AnX Robotica remains committed to pushing the boundaries of capsule endoscopy and GI diagnostics, adding to its growing portfolio, which includes NaviCam SB with ProScan™, MotiliCap, NaviCam Colon*, IntraMarX, and VibraBot.

*Colon Capsule is not available in the United States

View original content to download multimedia:https://www.prnewswire.com/news-releases/anx-robotica-unveils-navicam-xs-navicam-xst-and-esview-3-0-at-ddw-2025-to-exceptional-industry-response-302457084.html

SOURCE AnX Robotica

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