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Experience-recognition enterprise puts SoftBank among China, U.S.

The symbol of SoftBank Group Corp is exhibited at SoftBank Environment 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato

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TOKYO, July 8 (Reuters) – A SoftBank-owned company is flourishing by giving experience-recognition technology fuelled by a blacklisted Chinese company to the likes of Mastercard and Visa, an possibility for the Japanese conglomerate, fraught with geopolitical and privateness threats.

Japan Laptop or computer Vision Corp (JCV), owned by SoftBank Team Corp’s (9984.T) wi-fi unit, has struck specials on payments in latest months, a possible breakthrough for SoftBank founder Masayoshi Son’s aspiration of driving new organization as a result of partnership between his tech investments.

If JCV sustains its expansion, it could come to be a standout illustration of SoftBank creating synergies with portfolio companies – a essential portion of Son’s income pitch to the tech business.

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