Woodstock Reports Success as First in Securities Industry to Launch Smartphone-Based My Number Card Account Opening
Key facts
- Woodstock Reports Success as First in Securities Industry to Launch Smartphone-Based My Number Card Account Opening
- Woodstock Co., Ltd., operator of a US stock investment app, released data on its industry-first smartphone My Number card integration. The new method improved ID verification completion rates by 70% and halved processing times.
- Source: PR Times
- Date: March 31, 2026
Direct answer
Woodstock Co., Ltd., operator of a US stock investment app, released data on its industry-first smartphone My Number card integration. The new method improved ID verification completion rates by 70% and halved processing times.
- Citation
- Woodstock Reports Success as First in Securities Industry to Launch Smartphone-Based My Number Card Account Opening (March 31, 2026), PR Times
- Source
- PR Times
- Date
- March 31, 2026
Woodstock Co., Ltd., operator of a US stock investment app, released data on its industry-first smartphone My Number card integration. The new method improved ID verification completion rates by 70% and halved processing times.
📋 Article Processing Timeline
- 📰 Published: March 31, 2026 at 16:00
- 🔍 Collected: March 31, 2026 at 09:01
- 🤖 AI Analyzed: April 24, 2026 at 05:52 (572h 50m after Collected)
### Significant Improvement in ID Verification Completion Rates
Woodstock provides both smartphone-based My Number card verification and traditional Public Personal Identification Service (JPKI) via facial photo capture. An analysis of data from the past 30 days revealed a dramatic increase in convenience for the method utilizing electronic records stored on smartphones.
**Comparison Metrics:**
- **ID Verification Completion Rate:** +70% improvement for the smartphone-integrated method compared to the traditional facial photo JPKI method (base value).
- **Median Processing Time:** 2 minutes and 40 seconds for the smartphone-integrated method, versus 5 minutes and 50 seconds for the traditional method.
These results indicate that the friction associated with traditional identity verification has been significantly reduced, allowing for a smoother onboarding experience for investors.
FAQ
Which company became the first in Japan's securities industry to launch smartphone-based My Number card account opening in October 2025?
Woodstock Co., Ltd. became the first in Japan's securities industry to launch smartphone-based My Number card account opening in October 2025, supporting iOS devices but excluding Android at launch.
What specific improvement in ID verification completion rates did Woodstock report for its smartphone-based My Number card method?
Woodstock reported a 70% improvement in ID verification completion rates for its smartphone-based My Number card method compared to the traditional facial photo JPKI method.
How long is the median processing time for Woodstock's smartphone-integrated My Number card verification method?
The median processing time for Woodstock's smartphone-integrated My Number card verification method is 2 minutes and 40 seconds, based on data from the past 30 days.
What is the median processing time for the traditional facial photo JPKI verification method at Woodstock?
The median processing time for the traditional facial photo JPKI verification method at Woodstock is 5 minutes and 50 seconds, according to data from the past 30 days.
What technology does Woodstock use to enable My Number card account opening on smartphones, and when was it introduced?
Woodstock uses the 'digital certificate for smartphones' technology to enable My Number card account opening, which was introduced four months before the release of the reported data in February 2026.