ELEMENTS has acquired the majority ownership in Polarify, a Joint Venture between SMFG, Daon and NTT Data that provides eKYC and Authentication services in Japan. Through this acquisition, ELEMENTS will reach over 550 organizations with identity authentications exceeding 120 million transactions and will secure the No.1 market share of identity authentication solutions in Japan. As part of this, ELEMENTS has formed a strategic partnership with Daon, a global leader in identity assurance technology, building on Daon's role as Polarify's core identity technology provider. This collaboration ensures a seamless transition for existing Polarify customers and creates new opportunities in identity authentication and fraud prevention. Together, ELEMENTS and Daon are poised to provide businesses with advanced tools to address evolving identity security challenges and enhance customer identity experiences.