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Search results for CJ Olive Young

Finance

National Participation Growth Fund sells out as financial sector steps up payment ecosystem expansion

South Korea\'s National Participation Growth Fund effectively sold out on its first day of sales, with more than 87 percent of supply taken up and some online allotments closing in 10 minutes. Financial authorities are reviewing options to bring forward next year\'s supply or add more, with additional sales in the second half also discussed. Markets also saw spillover effects, while financial institutions and fintech firms moved to expand payment ecosystems and data-driven services.

AI & Enterprise

AI-driven uncertainty spreads, expanding developers’ roles is key to change

Kim Hwan (김환), CTO of CJ Olive Young, said the key to adapting to uncertainty caused by AI is expanding developers’ roles beyond their specialties. Speaking at AWS Summit Seoul 2026, he said the retailer is hiring forward deployed engineers, setting up new teams and reshaping its organisation to speed decision-making. He said CJ Olive Young is building an AI-native development system on AWS and applying an AIDLC approach by combining AI with its SDLC.

Finance

NHN KCP builds payment infrastructure for CJ Olive Young\'s Olive Point

NHN KCP is building payment infrastructure for CJ Olive Young’s in-house membership points programme, Olive Point, as it seeks to expand the prepaid payment market. The company said on May 18 it will supply CJ Olive Young with a payment solution based on prepaid electronic payment instruments. NHN KCP will link customers’ accumulated points to its payment system for safe use like cash. The two companies also plan to expand cooperation in prepaid payment services.