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AI & Enterprise
Finance service developers test Amazon AI coding tool Kiro to fix outages
Amazon Web Services on April 10 held an AI-focused hackathon for finance industry participants, AWS GameDay 2026 for financial companies. KakaoBank’s Kiki404 team won for a second straight year. The competition used scenario-based missions in a sandbox environment, including application outage recovery and modernising legacy Java code. Participants used Amazon Q Developer and Kiro. A total of 96 people from 24 financial firms took part.
AI & Enterprise
For now, cloud AI is the answer even for finance as AI advances fast
No Kyung-hoon (노경훈), head of financial business at Amazon Web Services Korea, said there are no technical or regulatory problems with using cloud in finance and that AI will accelerate cloud adoption. He said building AI infrastructure in internal data centres can become a burden as AI changes quickly and new technology may be hard to use on existing systems. He cited a survey of about 150 firms showing around 60 percent use or plan cloud because of AI.
People
Korea Fintech Industry Association elects Kim Jong-hyun as sixth chairman
The Korea Fintech Industry Association said on Tuesday it elected Kucorn CEO Kim Jong-hyun as its sixth chairman at its regular general meeting held at the Korea Federation of Banks building. Kim was chosen through an on-site vote, winning 70.09 percent of ballots cast by member companies. His two-year term runs through Feb. 17, 2028. The association also elected other executives for its sixth board, including vice chair, directors and an auditor.
