South Korean cybersecurity firm RaonSecure has secured a contract worth 3.57 billion won (approximately $2.7 million USD) with Japan’s Sumishin SBI Net Bank to provide its biometric authentication solution, TouchEn OnePass. The deal marks a significant expansion of RaonSecure’s presence in Japan, following the company’s established track record in blockchain-based biometric solutions. The agreement, which encompasses service provision to both Sumishin SBI Net Bank and NeoBank Technologies in Japan, represents approximately seven percent of RaonSecure’s previous year’s total revenue. This expansion into the Japanese financial technology sector builds upon RaonSecure’s expertise demonstrated through its previous implementation of blockchain-supported biometric authentication for the South Korean military.