Online investment-linked finance firm Eight Percent will apply its fifth-generation proprietary credit scoring model, built using about 7.2 million personal credit screening data points, to personal credit loans. The company plans to evaluate repayment capacity in greater detail for mid-to-low credit borrowers and people with limited financial histories while reducing the number of screening variables. It said internal simulations showed improved discriminatory power for repayment capacity compared with using only credit scores from personal credit rating companies.

Woori Financial Group has refined its second-half execution strategy to accelerate its move toward a full-service financial group. It plans to expand its customer base and boost cross-selling among affiliates, while restoring bank profitability, strengthening non-bank competitiveness and widening its AI transition. The group also discussed tighter profitability and soundness management, talent development and stronger AI-based security and consumer protection. It raised its Future Shared Growth Project target to 90 trillion won.