RaonSecure's Subscription-Based Biometric Authentication Service Surpasses 1 Million Users in Japan

[Asia Economy Reporter Kang Nahum] IT integrated security and authentication company Raonsecure announced on the 18th that its subscription-based biometric authentication service launched in the Japanese market surpassed 1 million monthly active users within 9 months of its release.

The subscription-based biometric authentication service, launched in July last year, provides Raonsecure's FIDO (Fast Identity Online)-based multi-channel private authentication platform 'TouchEn OnePass' as a cloud-based subscription service.

In Japan, cloud-based services centered on financial institutions and fintech operators, along with the increase in non-face-to-face work due to the prolonged COVID-19 pandemic, have led many general companies to seek biometric authentication services for verifying employee identities and managing access rights.

Considering these market characteristics, Raonsecure quickly introduced a subscription-based biometric authentication service for enterprises by linking Raonsecure's biometric authentication technology with the system construction and operation management expertise of local Japanese partners.

As a result, it received great responses mainly from local financial institutions and large corporations, and as of the end of last month, it surpassed 1 million MAU, successfully establishing itself in the Japanese market, which is ten times larger than the domestic market. It also secured a foundation to expand business and increase market share in Japan.

Raonsecure also plans to more actively target the Japanese market by leveraging the authentication integrated management platform 'OneAccessEX,' launched this year.

Lee Jeong-ah, CEO of Raonsecure, said, "In Japan, with the newly established Digital Agency last year leading government efforts to accelerate the construction of digital infrastructure across society, the growth potential of the next-generation authentication market is very high. We will strengthen the position of 'K-Security' by expanding overseas market penetration, including Europe, based on our success in the Japanese market."