| Mobile Web

Search results for Korea University

AI & Enterprise

Pinda Savings Bank names Park Yeon-hyun as first CEO

Pinda appointed Park Yeon-hyun, former head of the corporate product division at Toss Bank, as the first chief executive of Pinda Savings Bank, it said on Oct. 23. Park joined Toss Bank in its early days and worked on joint loan products and corporate finance. Pinda plans to pursue a digital savings bank business using financial data and artificial intelligence technology, and link its existing loan comparison and brokerage platform with the savings bank business.

AI & Enterprise

Race to foster AI data centres; industry calls for deregulation and tax credits

Industry figures called for developing AI data centres as \"AI factories\" that produce computing resources, citing job creation and regional balanced development. At a forum hosted by the Korea Telecommunications Operators Association in Seoul, an SK Telecom executive urged attracting big tech AI computing demand and building domestic production hubs, while calling for deregulation and tax credits. Speakers also outlined planned sub-regulations for a special AI data centre law, including power-capacity criteria, streamlined permits and special zones outside the capital region.

AI & Enterprise

South Korea\'s AI privacy regulation friction among world\'s highest; 79 percent of firms burdened by consent rules

Nearly 8 in 10 South Korean AI companies say they face a heavy regulatory burden in meeting consent requirements for collecting and using personal data, a survey showed. A separate international comparison found South Korea’s personal-data regulatory friction score was the highest among 48 jurisdictions, tied with China. The findings will be presented at a joint academic seminar in Seoul on Oct. 15.