Announced details
The disclosure states that FacePhi’s technology has been used in the financial sector in countries worldwide, but the number of deployments is not disclosed.
A partner collaborating on the development of AI biometric authentication and identity verification services in the Japanese market. Capital and personnel relationships are not disclosed.
A leading South Korean software company. Its CEO is Kim Young-soo. The company provides AI facial recognition solutions based on technology from FacePhi, a Spanish company specializing in biometric authentication. Its location, capital and year of establishment are not disclosed.
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | HANCOM AUTH (Hancom Auth), AI biometric authentication and identity verification services (eKYC) |
| Counterparty | HANCOM Inc. (HANCOM) |
| Counterparty overview | A leading South Korean software company. Its CEO is Kim Young-soo. The company provides AI facial recognition solutions based on technology from FacePhi, a Spanish company specializing in biometric authentication. Its location, capital and year of establishment are not disclosed. |
| Relationship with the Company | A partner collaborating on the development of AI biometric authentication and identity verification services in the Japanese market. Capital and personnel relationships are not disclosed. |
| Contract Date | 8 April 2026 (the date of the ceremony held to sign the agreement) |
| Applicable area | Finance, Administrative procedures in the public sector, Enterprise |
| Usage history | The disclosure states that FacePhi’s technology has been used in the financial sector in countries worldwide, but the number of deployments is not disclosed. |
Items this document does not state (11)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Demand is increasing in Japan for identity verification and authentication infrastructure that combines security and convenience as financial institutions advance digital transformation, administrative procedures are digitized, and companies enhance their operations. The companies aim to develop AI biometric authentication and identity verification services in the Japanese market by leveraging their respective technological capabilities and business expertise.