Japan’s FSA Calls for the Early Discontinuation of ID Photo Verification
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AI-assisted source synthesis · not an independent investigation.
On October 9, 2026, Japan’s Financial Services Agency (FSA) notified banks and crypto-asset exchanges not to wait until April 1, 2027, to stop requiring customers to upload photos of their identity documents, and instead to switch to identity verification by reading data from the documents’ IC chips. Under the new process, smartphones read the name, address, date of birth, and facial photo stored on the document, and match this information against a live image of the applicant. The report also noted that the facial-image capture step will remain.
AI-written from reports · updated 10 days ago
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- CryptopolitanSelectedJapan’s FSA asks banks and crypto asset exchanges to stop using identity document photo verification early
Japan’s Financial Services Agency (FSA) has notified banks and crypto asset exchanges not to wait until April 1, 2027, but to stop requiring customers to upload photos of identity documents early and switch to verification by reading data from identity card IC chips. Under the new process, smartphones read the customer’s name, address, date of birth and facial photo, and match them against a live image of the applicant; the facial image capture step remains.