ELEMENTS Group's Liquid and Polarify Achieve No. 1 eKYC Market Share for 7 Consecutive Years, Group Contracts Reach Approx. 700 Companies
📋 Article Processing Timeline
- 📰 Published: May 18, 2026 at 17:50
- 🔍 Collected: May 18, 2026 at 09:31
- 🤖 AI Analyzed: May 18, 2026 at 09:37 (5 min after Collected)
ELEMENTS Group, a provider of AI-based personal authentication and industry-specific solutions, announced that its group companies, Liquid, Inc. (Headquarters: Chuo-ku, Tokyo; CEO: Takayuki Hasegawa) and Polarify, Inc. (Headquarters: Minato-ku, Tokyo; President and CEO: Hideyuki Hoshina), have achieved the No. 1 vendor sales revenue share in the eKYC market for the seventh consecutive year. This was reported in the 'ITR Market View: Identity and Access Management/Personal Authentication Security Market 2026' report issued by ITR Corporation. *1 ITR 'ITR Market View: Identity and Access Management/Personal Authentication Security Market 2026' eKYC Market: Vendor Sales Revenue Share (FY2019-FY2025 Forecast). ELEMENTS Group has been offering the online identity verification service 'LIQUID eKYC' since 2019. It has been widely adopted across various industries due to its low user drop-off rate, enabled by high-precision face recognition and image recognition technology, as well as its advanced IC solutions that anticipate legal amendments. In March 2025, Polarify, Inc. became a subsidiary, and its 'Polarify eKYC' service is also provided by the ELEMENTS Group. The group's sustained No. 1 position is attributed to the high reliability and stable operation of its products, certifications from third-party and public institutions such as ISO/IEC 30107 for its spoof detection AI and official designation as a platform operator for JPKI services, and its robust anti-fraud solutions. The total number of contracts for the ELEMENTS Group has reached approximately 700 companies, with a strong presence in the banking sector (66% of banks with eKYC) and mobile carriers (3 out of 4 major carriers, 96% contract-based share). The group's services are trusted in industries requiring strict identity verification and have been adopted across a wide range of sectors, including second-hand goods purchasing, real estate, and C2C transactions, with a cumulative total of about 150 million identity verifications.