FacePhi wins HancomWITH facial recognition access control contract
FacePhi has entered a biometrics partnership with cybersecurity company HancomWITH. The contract will see HancomWITH personnel using a FacePin created with FacePhi’s facial recognition technology to log in to the company system.
HancomWITH is a subsidiary of Korean multinational Hancom Group focusing on blockchain and digital forensic analysis solutions.
The firm will use FacePhi’s technology, based on Selphi software, to enable workers to biometrically identify themselves using their personal computer cameras.
“Collaborating with a large company specialized in cybersecurity is a very important support for companies and citizens to increasingly use these identity verification solutions,” said FacePhi CEO Javier Mira.
FacePhi reportedly has 60 clients worldwide, and counts more than 21 million onboardings and 1 billion authentications, with a total of 10 million users.
The company specializes in mobile solutions for the financial sectors and provides a variety of services using different biometric authentication techniques, including face and voice.
In May last year, FacePhi opened a subsidiary in the South Korean city of Pangyo. The collaboration with HancomWITH will now help FacePhi strengthen its presence in Asia and towards new markets, according to the announcement.
“With proper implementation and the prior user’s consent, biometric recognition can become the preferred option for different areas such as banking, healthcare, or even retail,” Mira concluded.