Release

JVCKENWOOD set up the DX* Business Division in April 2019 with the aim of providing new value and services to customers through use of the latest digital technology and big data, including AI and IoT. Having developed edge AI cameras that use open source hardware jointly with BiZright Technology, the DX Business Division will use its prototype to carry out the upcoming verification testing as a solution to prevent fraud and bank transfer scams related to COVID-19 benefits and subsidy programs at an actual location of North Pacific Bank.

Videos recorded by cameras, except those taken by security camera systems for security purposes, must be handled with care from the perspective of privacy protection. Therefore, a solution that records images from cameras and transmits them to its server through a network is required to incorporate a system to protect privacy.
 

The edge AI camera to be used in the scheduled verification testing will not record videos but put them into a deep learning process within the camera and analyze them independently without transmitting them to a server. This mechanism hence makes this system a solution with extremely low risk of leaking privacy data. Furthermore, this system will not raise concerns about compromising preexisting security because it does not use the bank’s current network.
 

JVCKENWOOD will speed up the development of edge AI cameras not only by making better use of the expertise that it has accumulated in video technology on both sides of hardware and software, but also through proactive cooperation with other companies whereby JVCKENWOOD aims to provide solutions through edge AI cameras to the financial industry, where the scheduled verification testing will take place, as well as to a variety of manufacturing and retail and services industries.