Facephi Enters the Japanese Identity and Fraud-Prevention Market via Hancom

Facephi (BME Growth: FACE; Euronext Growth Paris: ALPHI), a global leader in digital identity verification and fraud prevention, announces its entry into Japan through Hancom, its exclusive partner in Asia-Pacific (APAC). 

Under an exclusivity agreement signed May 15, 2024, Hancom acquired 7% of Facephi’s capital (€5mm at €2.95/share) and secured a 3-year APAC licensing agreement.  

In 2025, Hancom developed a portfolio of AI-powered solutions tailored for Japan, combining its AI capabilities with Facephi’s AI biometric technology. The portfolio includes secure document processing, automated decision-making, and financial-sector authentication, meeting Japan’s strict regulatory and security standards. The Japanese AI market is projected to reach US$41.2bn by 2031, with a 26% CAGR from 2025-2031.  

Facephi’s engine powers Hancom AUTH, now contracted by Cyberlinks for identity verification and non-face-to-face authentication (eKYC). The solution provides real-time liveness detection, deepfake resistance, and secure verification, enhancing both face-to-face and remote authentication while minimizing fraud risk. This marks Hancom’s first overseas AI contract. 

“We are proud to see Facephi’s identity verification and fraud prevention platform recognized in one of the world’s most demanding digital identity markets,” said Javier Mira, CEO of Facephi. “This milestone underscores the scalability, reliability and security of our technology and highlights the continued global demand for secure AI-powered identity verification solutions.” 

Forward-Looking Statements  

This press release may contain forward-looking statements regarding Facephi’s future plans, objectives, and financial performance. Actual results may differ materially due to various risks and uncertainties. Please refer to the company’s filings for a discussion of these risks.   

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