HANCOM accelerates its strategy to penetrate the Japanese market.
On the 25th, HANCOM noted that it signed a business agreement for collaboration on artificial intelligence (AI)-based biometric authentication technology with Danal Japan at the '2025 Japan IT Week Spring' event held in Tokyo.
The two companies plan to jointly develop a payment approval process based on facial recognition through this agreement and collaborate on building a payment system utilizing biometric authentication technology, including planning new related services. This aims to present a new business model in response to the expanding environment of contactless payments and digital transformation in the Japanese fintech market.
HANCOM plans to provide solutions optimized for the Japanese market by combining the AI biometric recognition technology of Spain's FacePi, in which it is the second largest shareholder, with its own AI capabilities. Danal Japan, a Japanese subsidiary of Danal, which holds blockchain-based payment systems and virtual asset payment technologies, will collaborate based on its sales power and system operation experience in the Japanese payment market.
The two companies aim to commercialize AI-based biometric authentication technology through this collaboration and set technical standards in the Japanese digital payment market.
HANCOM is expanding collaboration with local companies in the Japanese market, where digitalization is accelerating, particularly focusing on the Digital Agency. It has established a local subsidiary and continuously participates in Japan's largest IT exhibition. Recent agreements with Japanese financial corporations such as Alkoz and Kiraboshi Financial Group are also part of this strategy.
HANCOM CEO Kim Yeon-soo said, 'This agreement signifies that HANCOM's AI and biometric authentication technology has been recognized for its competitiveness in the Japanese market,' adding, 'Through cooperation with Danal Japan, we will secure technological leadership in the Japanese fintech industry and lay the foundation for further global business expansion.'