HANCOM said on the 19th that it signed a supply contract with Cyberlinks (CYBERLINKS CO., LTD.), a company listed on the Tokyo Stock Exchange Standard market, to provide the artificial intelligence (AI) facial recognition solution Hancom AUTH and has begun targeting the global AI market.
This contract is the first case in which HANCOM's push for securing global AI technology and its export strategy has led to overseas sales.
Cyberlinks is an IT corporations that provides cloud services specialized for Japan's public and distribution sectors and is a platform operator for the Public Personal Authentication Service (JPKI), which uses the My Number card, Japan's official ID. It is establishing a foothold in identity verification and trust businesses in Japan.
Through this contract, Cyberlinks will select HANCOM as a strategic partner and move to advance its non-face-to-face identity verification (eKYC) service. By adopting Hancom AUTH, it plans to expand sales activities targeting existing corporations and local government clients using its cloud services as well as new customers pursuing business process innovation.
Hancom AUTH supplied to the Japanese market is a solution developed based on technology from FacePhi, a Spanish artificial intelligence (AI) biometrics corporations in which HANCOM made a strategic investment. HANCOM and Hancom WITH internalized the technology and rebranded it. With facial recognition technology such as the liveness function that determines spoofed fake faces in real time, it can respond to increasingly sophisticated deepfake threats.
Japan has recently pursued digital transformation (DX) to resolve labor shortages and move away from analog administration, driving up demand for non-face-to-face authentication and security solutions across industries such as finance, public sector, and distribution. HANCOM plans to use this contract as a springboard to accelerate its push into the Japanese market.
To that end, HANCOM also plans to finalize the establishment of a joint venture (JV) with Kiraboshi Financial Group, a mid-sized Japanese financial group, which it has been pursuing since setting up its Japanese subsidiary. Going forward, sales in the Japanese market will be managed via the JV as a base to improve profitability, with order-taking activities spanning finance and the public sector.
Kim Yeon-su, CEO of HANCOM, said, "The collaboration with Cyberlinks, which leads Japan's public authentication ecosystem, is the first fruit showing that Hancom's AI technology has been recognized in the global security market, especially in Japan, where trust is crucial," adding, "By combining FacePhi's global technological prowess with Hancom's business know-how, we will actively target the global AI security and digital transformation markets, starting with Japan."