• HOME
  • Press Releases : 2014
  • Application to Open a Bank Account Can Be Completed with Just a Smartphone by Simultaneously Shooting a Photo of driver's Licence and Stamp Seal - Shinsei Bank is the first in Japan to accept electronic image of stamp seal -

Press Releases

Application to Open a Bank Account Can Be Completed with Just a Smartphone by Simultaneously Shooting a Photo of driver's Licence and Stamp Seal
- Shinsei Bank is the first in Japan to accept electronic image of stamp seal -

March 27, 2014

Information Management Solution Provider Toppan Forms Co., Ltd. (Toppan Forms hereunder) launched the "Fast Shot" service that allows applicants to open a bank account with just a smartphone by simultaneously shooting driver's license and stamp seal with its camera. The service significantly reduces the time to open a bank account, and also simplifies the application process by eliminating the need to request for application forms and the hassle of copying proof documents.
End users, by following the instruction on the screen enter their personal information and upload them to Toppan Forms server with photo image of driver's license and stamp seal. The information assembled at Toppan Forms automatically generates PDF image of forms for reviewing which is transmitted to the bank's server. The bank, therefore, do not have to change the conventional reviewing workflow process.
The service based on "FastShot", adopted by Shinsei Bank Limited, launched on March 27 2014, is the first in Japan to accept stamp seals electronically (According to Toppan Forms). Being able to take a snapshot of driver's license and registered stamp seal side by side, is the most significant feature which allows accurate verification of the stamp seal dimension in relation to the driver's license. The feature is jointly being applied for a patent.
Shinsei bank currently is promoting services based on smartphone, to improve the convenience of remote channel transaction. "FastShot" simplifies the application process, and the bank expects the service to increase the number of account opening.

Features

  • 1. Submission of personal identification documents and registration of stamp seal to the bank can be completed with just a smartphone.
  • 2. Images of nationally standardized driver's license and stamp seal are captured simultaneously, so that the stamp seal dimension can be accurately verified.
  • 3. At Shinsei Bank, account can be opened within four working days at the shortest by simplifying the application process.
  • 4. Since the entered personal information, driver's license image, and stamp seal image are automatically assembled into a PDF format for reviewing, there is no need to make changes in the reviewing operation.
  • 5. The bank administrator can view the application status of the end users over the web.

Process Flow for Opening the Account

Future Direction

Toppan Forms, in order to meet the needs of the financial industry, will continue to provide one stop solution that enable operational efficiency and cost reduction by combining smart device solution such as "FastShot", business forms, Data Print Service (DPS), Smart Card issuing, and business process outsourcing service.

  • * "DPS" is Toppan Forms' registered trademark.
  • * "FastShot" is currently in a process of application for trademark registration.
  • * Indicated product names are registered trademark or trademark of each company.
Public Relations Department
General Affairs Division
TOPPAN FORMS CO., LTD.
1-7-3 Higashi Shimbashi, Minato-ku, Tokyo 105-8311, JAPAN
Inquiry Form