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Finance

Shinhan Bank opens 'Shinhan Hakijae Gwangju' to boost local financial education

Shinhan Bank on March 30 held an opening ceremony for 'Shinhan Hakijae Gwangju', an AI and digital education centre focused on finance, at its Gwangju Financial Center in Buk-gu, Gwangju. The event was attended by leaders from Shinhan Financial Group, the Financial Supervisory Service and the Ministry of Science and ICT, along with local officials. The centre will provide tailored education to digitally underserved groups and expand voice phishing prevention training.

Crypto

Ripple CEO says crypto will completely reshape finance in 10 years

Ripple CEO Brad Garlinghouse said people tend to overestimate changes over five years and underestimate changes over 10, warning against downplaying the speed of shifts in the crypto industry. Speaking at the FII Priority Summit in Miami, he said stablecoins are already entering real-world use in payments and will spread further. He also cited trust issues and forecast tougher competition as more issuers enter the market.

Industry

U.S.-China race for robot dominance: China leads in scale, U.S. holds technology edge

The United States and China are competing for leadership in robotics through different approaches. U.S. firms attract far more private AI investment and Chinese AI models trail U.S. models on a key capability index. China, however, is installing robots much faster, backed by broad government support and industrial policy. Beijing is pushing robots to offset labour shortages from ageing and population decline. U.S. companies are focusing on general-purpose AI humanoids.