Search results for JB Financial Group
AI & Enterprise
Finda wins approval to buy 60% stake in Daewon Savings Bank, first fintech entry into savings bank sector
Finda, a fintech company, is entering the savings bank business through the acquisition of Daewon Savings Bank. The company said it won approval from South Korea\'s Financial Services Commission on Oct. 21 for a change of major shareholder. The deal totals 12 billion won, with Finda taking a 60% stake and Jeonbuk Bank holding 40%. Finda plans to develop its own financial products and build an AI-native banking system.
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.
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Finance
Regional financial groups slip in H1 results as BNK-JB merger talks collapse
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Finance
PG firms team up to block fraudulent payments, rate hike fallout in focus
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Finance
Align Partners makes public proposal to review merger between JB Financial and BNK Financial
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Finance
Regional financial holdings post mixed Q1 net profit results despite asset growth
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AI & Enterprise
MegazoneCloud builds generative AI platform for JB Woori Capital
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People
JB Financial signs MOU with UNICEF Korea on \'Project 169\'
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Finance
March dividend stocks in focus on record shareholder returns, separate taxation
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Finance
Stablecoin payment models take shape from FX to remittances
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Finance
JB Financial 2025 net profit rises 4.9 percent to 710.4 billion won
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Finance
South Korea to draw up financial sector governance overhaul plan by March
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Finance
FSS to review governance at 8 financial holding firms next week
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AI & Enterprise
Big Techs step up AI M&A push, from chips to agents