Search results for AI banking
Finance
WebCash joins IBK Industrial Bank of Korea digital platform and AI banking build
WebCash has won an 8.72 billion won project to revamp IBK Industrial Bank of Korea\'s digital banking, building a digital platform, global banking and AI-based services with LG CNS and Finger. The company said it signed a supply contract with IBK System for the first phase of the IBK digital banking rebuilding project. The work is the first step in a three-stage roadmap and aims to lay a foundation for expanding services and follow-up platform construction.
Finance
IBK chief Jang Min-young says inclusive finance needs lifecycle support, not just low-rate loans
IBK Industrial Bank of Korea outlined a new growth strategy focused on support for small and midsize firms, AI-driven digital transformation and stronger inclusive finance, CEO Jang Min-young (장민영) said. Jang said inclusive finance should go beyond providing low-interest loans and cover support across the full cycle, including helping vulnerable borrowers after funding and aiding recovery when problems arise. He also said the bank is reviewing issues in the current credit-rating system and other measures.
Finance
Agent banking is coming; Webcash says bank competition to intensify next year
B2B fintech firm Webcash is moving to secure solutions for the emerging era of AI agent banking, which it sees as a core axis of next-generation financial competition. At a conference in Seoul, it unveiled the architecture and use cases of OPERIA, an engine that connects general-purpose AI with banks’ relational databases. Webcash said internal tests showed 99 percent accuracy in its cash management solution and introduced a V2 cash management agent expanding coverage to about 800 customers.
