Vision AI solution company Alchera announced on the 26th that it signed a business agreement (MOU) with the Slovenian Embassy in Korea (Ambassador Jerney Müller) and financial security company Initech (CEO Ok Seong-hwan) for AI industry innovation and joint business development.
Through this agreement, the three companies will work together to strengthen Slovenia’s AI technology, increase IT digital utilization, and expand joint businesses. Through this, they plan to apply Korea’s advanced technologies to various Slovenian industrial fields, starting with finance, security, and safety, and to work on discovering joint businesses.
Last year, Alchera signed a business agreement with Initech for a facial recognition-based integrated identity verification platform business, and is expanding the application of artificial intelligence technology in finance and various industries. In addition, Alchera is the only company in Korea that provides passport authenticity verification solutions to financial institutions, and possesses technology that determines authenticity by comparing the facial image and text information of a passport with the Ministry of Foreign Affairs database.
Through this agreement, Alchera plans to further expand the scope of application of its AI-based security solutions in the global market. Hwang Young-gyu, CEO of Alchera, said, “We will supply Alchera’s AI-based facial recognition solutions to Slovenian banks and expand the scope of application of the technology in the local market,” adding, “As we ranked first in domestic technology in the facial recognition AI performance test hosted by the U.S. National Institute of Standards and Technology (NIST), we expect to be able to sufficiently provide a high level of security and convenience in Slovenia as well.”
- See more related articles
You must be logged in to post a comment.