Woodstock Reports Success as First in Securities Industry to Launch Smartphone-Based My Number Card Account Opening
NQ Score
45/100
N1 Content Completeness
5
AI Summary (NQ-processed)
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.
AI Analysis
Frequently Asked Questions
- Q: What are the benefits of opening an account using the smartphone My Number Card method?
- A: No need for face-to-face photo sessions or mailing of cards. The process can be completed entirely on your smartphone. According to Woodstock's data, the processing time has been significantly reduced from 5 minutes and 50 seconds to 2 minutes and 40 seconds, and the completion rate has improved by 70%.
- Q: Can I use Android devices?
- A: As of February 2025, only iPhone (iOS) devices are supported. Android devices are not eligible.
- Q: How long does the identity verification process take?
- A: When using the smartphone My Number method, the median processing time is approximately 2 minutes and 40 seconds. This is more than 3 minutes faster than the traditional method.