HancomWITH supplies facial authentication solution 'HancomAuth' to NH NongHyup Non-Life Insurance

Hancom With signed a contract to supply its facial authentication solution, Hancom Auth, to NH NongHyup Non-Life Insurance.

Hancom Auth is an eKYC solution that verifies identity and detects forgery using facial photos and video for online banking and transfers.

The company said security inquiries have risen after recent cases of authentication bypass using fake photos in the financial sector.

Hancom With plans to expand the solution to more financial and remittance customers in Korea and overseas.