AI & Enterprise

Bespin Global to work with JB Financial Group on company-wide AX innovation, with focus on outcomes

Bespin Global said on Sept. 29 it will cooperate with JB Financial Group to improve how the group drives AI transformation, or AX. JB Financial Group will set group-wide direction and common standards, while affiliates such as Jeonbuk Bank, Gwangju Bank and JB Woori Capital apply specialised functions on a common AI platform. The partners will pursue AX in a hybrid environment and build a dedicated squad-based execution system focused on validating outcomes.

Finance

Simple payments expand acceptance as night stock trading ramps up

South Korea\'s simple payment companies are expanding where their services can be used by linking existing networks and supplying payment infrastructure to new sectors. Banks and internet-only lenders are also widening mobile lending and alternative credit offerings. Regulators and the government are moving on youth savings, transport fare support and payment security checks. After-hours trading has extended KOSPI and KOSDAQ hours to 8 p.m., while debate continues over digital asset taxation and related infrastructure.