Hancom to develop Japanese market with facial recognition, partner with local startups - Korean media

Hangul Computer (Hancom) has announced that it has signed a memorandum of understanding (MOU) with South Korean financial artificial intelligence (AI) company Innofin, Japanese AI fintech startup Alqouz
Hancom and Innofin announced that they would partner with FacePhi, a Spanish company that is one of Hancom's major shareholders, to enter the Japanese financial market.
Feisu will provide AI biometric authentication solutions to Japanese financial institutions. Feisu has been particularly praised for its anti-spoofing capabilities, which prevent spoofing of facial recognition.
It uses passive detection, which authenticates the person only by a frontal image of the face, rather than active detection, which authenticates the person by moving the face. This anti-spoofing technology has an international quality rating.
Alcoz was established by former members of global investment banks (IBs). Innofin is also a Japanese securities firm.
Hancom plans to utilize Alcos' domestic network in Japan and Innofin's experience in the Japanese market.
Fei's technology will expand its share in the Japanese financial market. Through continuous research and development and marketing, the scope of application of face recognition technology will expand from finance to everyday life.
will also expand.