Hampen Technology

regtechauthentication and fraud preventionartificial intelligence/machine learning

FOUNDING YEAR: 2014
LOCATION: Hong Kong
Last Update: 01/05/2020

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About

Hampen provides deep-learning based biometric authentication and video analytics solutions for Fintech, security and retail applications. We have extensive experience in machine learning/deep learning and computer vision research and development. We also have excellent track records in delivering wide range of industry-proven video analytics solutions with extremely satisfied customers including banks, law enforcement, manufacturers, real estate developers, retailers etc.

MEDICI Analysis

Hampen provides biometric authentication and video analytics solutions for Fintech, security and retail applications. It uses machine learning, deep learning and computer vision research and development.

Focus

PRODUCTS & SERVICES

Products offering include : Face Authentication System (FAS) :- It provides an authentication factor based on facial features of the users which can be deployed for banking authentication, remote on-boarding, insurance identity authentication purposes. Customer Analysis System (CAS) :- It provides demographic and sentiment analysis capability for retailers to understand their customer traffic and behavior. It can also be used to gauge staff’s performance by providing key performance indicator. Heatmap/Traffic Flow ACAP :- It is an embedded application which runs on Axis cameras to provide heatmap, dwell time and traffic flow information for retailers to better understand their customer traffic and behavior.

REVENUE MODEL

Customization cost, licensing plus maintenance for Face Authentication System. Customization cost, device cost and maintenance for CAS and PCS.

MAIN CLIENTS

Banks

Law enforcement agencies

manufacturers

Real estate developers

Retail consumers

EXISTING PARTNERSHIPS

DBS,ICD security Solutions,Alibaba cloud,Intel,Thales,Kobil,Armada,Axis Communications,Amazon web services

PRIMARY PROBLEM SOLVED

1. The need for high accuracy face authentication/recognition solution with robust anti-spoofing measures (e.g. 3D face mask spoofing, real-time video re-enactment) 2. The need for a Customer Demographic analyzer with dwell time, pickup activity logging and targeted advertising capabilities. 3. The need for a low cost, easy to deploy People Counting System that can be used for real time occupancy measurements and traffic flow analysis.

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

Traction

REVENUE

$100k - $499k

REVENUE COMMENT:

The banking industry is traditionally slow mover in terms of adopting new technologies. We are engaging with multiple banks and in parallel we are targeting real estate developers who are willing to move a little faster and help us generating immediate revenue.

ACTIVE USERS COMMENT:

We are targeting banks and retailers (real estate developers) as our main customers

People

NUMBER OF EMPLOYEES

11-50

COMMENT:

20+ years of industry experience in delivering state of the arts products. Excellent track record with multiple successful exits via IPO or acquisitions.

Momentum

FUNDED

NO

LISTED

NO

For Investors

FUNDING NEEDED:

$1.5 M

USES OF FUNDS RAISED:

1. Hiring sales and developer to grow business

EXIT STRATEGY

Cash flow positive (IPO) or acquisitions (multiple parties have shown interests)

MONTHS LEFT WITH CURRENT CASH BURN RATE:

18 months from 24 Sep, 2017

Innovation Programs

BASICS

FOUNDING YEAR:

2014

LOCATION:

Hong Kong

Views:

149 VISITORS | 268 VIEWS
TOTAL EMPLOYEES
11-50

About

Hampen provides deep-learning based biometric authentication and video analytics solutions for Fintech, security and retail applications. We have extensive experience in machine learning/deep learning and computer vision research and development. We also have excellent track records in delivering wide range of industry-proven video analytics solutions with extremely satisfied customers including banks, law enforcement, manufacturers, real estate developers, retailers etc.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

Hampen provides biometric authentication and video analytics solutions for Fintech, security and retail applications. It uses machine learning, deep learning and computer vision research and development.

Focus+
Momentum+
Traction+
People+
For Investors+
Other+

Innovation Programs

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Hampen Technology

About

Hampen provides deep-learning based biometric authentication and video analytics solutions for Fintech, security and retail applications. We have extensive experience in machine learning/deep learning and computer vision research and development. We also have excellent track records in delivering wide range of industry-proven video analytics solutions with extremely satisfied customers including banks, law enforcement, manufacturers, real estate developers, retailers etc.

Focus

PRODUCTS & SERVICES

1. Biometric Authentication Solutions Hampen provides biometric authentication solutions for banking authorization, customer KYC and other security applications including door access system, VIP recognition etc. Our state-of-the-art deep learning based Face Authentication System (FAS) has over 99.5% accuracy under standard benchmark and is essentially on-par or better than fingerprint solutions. Our solution also maintains high level of accuracy under harsh lighting conditions in mobile environment. On top of face recognition, we also have voice recognition solution which can be combined with facial and fingerprint recognition to form a multi-factor biometric authentication solution. 2. Retail Analytics Solutions On the retail side, our Customer Analysis System (CAS) provides demographic and sentiment analysis capability for retailers to better understand their customer traffic and behavior. CAS can also be used to gauge staff’s performance, providing KPI for customer service quality. Real-time analysis data is available through our web-based CMS which can be accessed via mobile phone or PC browser. With our targeted advertising feature, advertisement will be displayed based on viewer’s age and gender, significantly improves the effectiveness of the advertising campaign and increases sales. CAS also has small form factor which is inconspicuous and can be easily deployed. Our RFID-based product display table can also track individual products' pickup activities and provide demographic information of the customers interacting with the product. 3. People Counting System (PCS) Our People Counting System (PCS) provides customer traffic information. PCS can measure customer traffic flow, flow direction, generate heatmap, provide live-view etc. Real-time analysis data is available through our web-based CMS which can be accessed via mobile phone or PC browser. PCS can be combined with CAS to provide demographic people count information. PCS is also based on the same frontend sensor, which has small form factor and can be easily deployed. Data bandwidth requirement is very low, allowing mass deployment of PCS sensors with very little impact on existing network infrastructure.

REVENUE MODEL

Customization cost, licensing plus maintenance for Face Authentication System. Customization cost, device cost and maintenance for CAS and PCS.

TOP PROBLEM SOLVED

1. The need for high accuracy face authentication/recognition solution with robust anti-spoofing measures (e.g. 3D face mask spoofing, real-time video re-enactment) 2. The need for a Customer Demographic analyzer with dwell time, pickup activity logging and targeted advertising capabilities. 3. The need for a low cost, easy to deploy People Counting System that can be used for real time occupancy measurements and traffic flow analysis.

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

PRODUCT DEVELOPMENT COMMENT

Modularize design methodology with heavy reuse of modules between different products/projects.

KEY DIFFERENTIATORS

High accuracy of face recognition algorithm (right behind google and tencent). Robust solution that can handle difficult lighting conditions Highly optimized algorithms running on low performance frontend android device to reduce network traffic. (CAS and PCS)

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Enterprise - Retailers

Small and Medium Business - Physical Retail

PRODUCT ATTRIBUTES

On-premises

Back Office

People

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

CEO: Felix Chow

CTO: Chiu-Wa Ng

TEAM COMMENT:

20+ years of industry experience in delivering state of the arts products. Excellent track record with multiple successful exits via IPO or acquisitions.

Momentum

FUNDED

NO

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES