- Facephi has closed an important deal with Samsung Securities, the South Korean Samsung Group’s financial services company.
- Samsung Securities will implement Facephi’s identity authentication solutions on its financial services platform.
Facephi has entered into a major contract with Samsung Securities, the Samsung Group’s financial services subsidiary, further consolidating the company’s position in the Asia-Pacific technology market.
This strategic contract, vital for Facephi’s international expansion plans, names it as a technology provider for Samsung Securities, which adopts the Facephi’s solutions for its financial platform. The South Korean company’s choice of Facephi’s identity verification technology reflects its confidence in Facephi’s ability and its technology to provide onboarding and user-authentication solutions.
Samsung Securities will reinforce its customers’ security by means of this integration and provide them with an exceptional user experience when performing transactions with the financial services available on its marketplace.
The contract, signed at the end of April, highlights the important technological innovation and solid growth of our enterprise. The agreement clears the way for implementation of Facephi’s technology during the first year, complemented by an agreement for annual recurring maintenance that will be managed from Facephi’s APAC subsidiary.
This important contract will enable Facephi to extend our customer portfolio in the region and reaffirm its position as a leader in identity verification solutions in the international financial services field.
The collaboration between Samsung Securities and Facephi signals the beginning of a productive alliance that will benefit not only the parties to the contract, but also – and especially – their end users.
