Facephi Enters Japanese Market Through Partner Hancom
Facephi announces its entry into the Japanese identity verification and fraud prevention market via Hancom, its exclusive partner in Asia-Pacific. This expansion follows an exclusivity agreement signed in May 2024.
Exclusive Partnership Agreement
Facephi and Hancom signed an exclusivity agreement on May 15, 2024. Under this agreement, Hancom acquired 7% of Facephi's capital for 5 million euros at a price of 2.95 euros per share, and secured a three-year licensing agreement covering the Asia-Pacific region. In 2025, Hancom developed a portfolio of solutions powered by artificial intelligence, combining its AI capabilities with Facephi's AI biometric technologies, to cater to the specific markets in Japan.
Developed Portfolio and Implementation
The portfolio developed by Hancom includes secure document processing, automated decision-making, and authentication for the financial sector, meeting the stringent regulatory and security standards of Japan. This solution is now used by Cyberlinks for non-face-to-face identity verification and authentication (eKYC). Facephi's technology provides real-time liveness detection, resistance to deepfakes, and secure verification, enhancing both direct and remote authentication.
International AI Agreement with Cyberlinks
The contract signed by Hancom with Cyberlinks marks Hancom's first international AI agreement. Javier Mira, CEO of Facephi, stated: 'We are proud to see Facephi's identity verification and fraud prevention platform recognized in one of the most demanding digital identity markets in the world. This milestone underscores the scalability, reliability, and security of our technology.'
