Search results for Busan Bank
AI & Enterprise
BNK Financial pushes groupwide AI system adoption, picks Samsung SDS as preferred bidder
BNK Financial Group is seeking to build a groupwide generative AI platform shared by all affiliates to reduce duplicated investment and manage risks from applying AI to financial tasks. The group has selected Samsung SDS as the preferred bidder and is negotiating details. BNK plans to roll out generative AI functions in internal rules and accountability checks, lending and foreign exchange operations, internal search and groupware. It will also develop groupwide AI management standards and an AI governance portal.
Finance
Financial sector hacking spreads, delays gain support for digital asset tax postponement
A string of hacking incidents in South Korea’s financial sector has led to confirmed personal data leaks at savings banks and mutual finance groups, prompting authorities to step up inspections and security requirements. Banks are moving to raise cybersecurity spending and expand fraud prevention systems using AI. Market volatility and a steep stock selloff also drew a policy response. Political debate intensified over postponing digital asset taxation and regulating exchange shareholders.
Finance
Internet-only banks and regional banks expand joint loans to business finance
Joint lending between internet-only banks and regional banks is expanding from personal credit loans to business finance. South Korea\'s Financial Services Commission designated a joint corporate loan service by Toss Bank and Gwangju Bank as an innovative financial service, the second such case after KakaoBank and Busan Bank. The model splits screening and funding between two banks and aims to process many steps digitally. Authorities are also revising rules on in-person work for internet-only banks.
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Finance
Banking gaps in fund management, reverse mortgage processing spark calls for reform
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Finance
BNK Financial strengthens value-up execution framework, refocuses on profitability and capital efficiency
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Finance
Investment firms on edge ahead of parliament audit as leverage losses, finance hacking loom
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Finance
Financial sector hit by hacking, security vulnerabilities exposed across the board
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Finance
Banks race for local government treasury contracts heats up amid fairness row over criteria
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Fintech
Financial sector hacking spreads, signs of same attacker at seven firms
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Finance
Hacking emergency spreads from banks to savings banks and capital firms in South Korea finance sector
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Finance
KakaoBank sole proprietor loans top 4 trillion won; refinancing product to launch in November
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Finance
Small business sales up 4.5 percent but margins fall for second straight quarter; delinquencies rise
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Finance
Korea Post to offer services for all commercial and regional banks at nationwide post offices
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Finance
BNK Financial to provide 1.6 trillion won in Chuseok funding for SMEs and small merchants
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Finance
MG Community Credit Cooperatives sell 3.48 trillion won in NPLs in H1, merge 21 units
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Finance
Kakao finance posts record results as Bank and Pay expand into corporate, securities and insurance
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Finance
Deposit tokens push into payment networks, accelerate capital market overhaul
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Finance
BNK Busan Bank launches preferential loan for daily construction workers