TOKYO—A SoftBank-owned company is thriving by offering face-recognition technology fuelled by a blacklisted Chinese firm to the likes of Mastercard and Visa, an opportunity for the Japanese conglomerate, fraught with geopolitical and privacy risks.
Japan Computer Vision Corp. (JCV), owned by SoftBank Group Corp.’s wireless unit, has struck deals on payments in recent months, a potential breakthrough for SoftBank founder Masayoshi Son’s dream of driving new business through partnership between his tech investments.
