YouthBee Signs Solution Sales Agreement with Fintech Company Hanpass
LegTech specialist Usbee announced on the 23rd that it has signed a sales contract with global foreign exchange financial platform Hanpass.
Hanpass is a leading company in the mobile remittance market, and through the recent contract with Usbee, it plans to provide more secure services by utilizing technologies such as the ‘ID Card OCR SDK,’ ‘ID Card Authenticity Verification API,’ and ‘Facial Recognition SDK.’
Through this contract with Hanpass, Usbee will support the core technologies required for mobile remittance services.
Usbee’s ID Card OCR mobile and ID Card authenticity verification solutions provide technology that quickly and accurately recognizes information from ID card photos taken with mobile devices and verifies their authenticity. The facial recognition technology uses biometric authentication to determine and verify the match and similarity between the person registered in the ID card photo and the user, thereby enhancing the security of mobile remittance services.
As a LegTech specialist, Usbee offers solutions to overcome regulations faced by fintech companies, including financial institutions, in addition to ‘ID Card OCR,’ ‘ID Card Authenticity Verification,’ and ‘Facial Recognition.’ It also provides APIs and SDKs according to customer needs.
A Hanpass representative stated, “Based on trust in Usbee’s technological capabilities and expertise, we will strive to provide safer and faster mobile remittance services,” adding, “We plan to offer various financial solutions to deliver innovative services.”
Hot Picks Today
Police Give 70,000 Won of Their Own Money to Homeless Man in His 40s Who Stole Two Bags of Potato Rice Cakes Out of Hunger
- "Better Than Adults": Fourth Grader Shows Responsibility After Scratching Car While Riding Bicycle
- [Exclusive] Regional Main Streets Freeze Despite Semiconductor Boom... Delinquency Rate for Self-Employed at Regional Banks Surpasses 1%
- Daiso, Musinsa, Shinsegae, and Hyundai Join the Fray: "Second Olive Young" Ambitions Spark Round 2 of the Beauty Territory War [Why&Next]
- "This Is a Must-See"...Tourism Industry in Japan Hits 4-Trillion-Won Jackpot
An Usbee company representative said, “This contract will be a good opportunity to expand the cooperative relationship between the two companies in the mobile remittance market,” and added, “We will continue to grow as a leading LegTech company capable of overcoming various regulations needed in the digital world.”
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.