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Finance

Finance network separation rules eased, fueling 140 trillion won fintech investment

South Korea\'s financial authorities expanded the scope of eased network separation rules for AI use to secondary financial institutions and electronic financial business operators. The number of firms to be selected rises to as many as 15, and eligibility thresholds are lowered. Selected institutions can use external AI and security SaaS after putting alternative controls in place. Industry expectations are mixed, with some firms cautious. Global fintech investment rose to $103.1 billion in the first half, with focus expected to shift to AI and financial infrastructure.

Finance

Shinhan Financial launches integrated Shinhan Super SOL one-app platform

Shinhan Financial Group has overhauled its super app strategy into a banking-app-based one-app structure, combining Shinhan SOL Bank and Shinhan Super SOL. It unveiled the integrated platform on Tuesday, shifting from linking affiliate functions to placing banking, securities, card and insurance services in a single app. The group also introduced SOL LINK, combining deposits and stock trading, and added AI-based support and lifestyle content.

Finance

Shinhan Bank to launch Shinhan Super SOL integrated financial platform next month

Shinhan Bank is running a pre-registration event ahead of the launch of Shinhan Financial Group’s integrated platform, Shinhan Super SOL. The bank said pre-registration for the launch event will be accepted through June 12. The platform is based on the existing Shinhan SOL Bank app and brings major group services, including banking, cards, securities and insurance, into one place. It will also provide a generative AI-based agent service.