Zzeung is the main centerpiece of MyID Alliance (www.myidalliance.org), Korea’s largest consortium, with 77 members consisting of commercial banks, securities firms, local governments, e-commerce companies, and manufacturers. The Financial Services Commission (FSC) has approved Zzeung into the ‘Innovative Financial Services and Regulations Sandbox’ permitting KYC compliance certification and non-face-to-face identity verification.
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