Search results for MyData
AI & Enterprise
Scraping block row flares ahead of personal data transfer demand right rollout
A personal data transfer demand system, legislated in advance and delayed for more than six months, has become contentious as its grace period ends. Concerns spread that transfers via scraping would be blocked, prompting debate led by fintech firms after the Supreme Court announced it would block unauthorised scraping of its servers from Aug. 20. The Personal Information Protection Commission says the system does not ban scraping outright but requires prior consultation and aims to move to API-based transfers.
Finance
South Korea\'s FSC builds consensus on phased rollout of scraping blocking, seeks public MyData alternative
South Korea\'s financial authorities discussed a plan to implement limits on scraping in phases after preparing alternatives such as public MyData, aiming to reduce inconvenience for financial consumers caused by blocking by administrative bodies and the Supreme Court. The Financial Services Commission held a financial sector inspection meeting on scraping restrictions and reviewed expected impacts and response measures. Participants backed the purpose of blocking while calling for sufficient alternatives and a preparation period, and also reviewed security and internal controls used in current scraping processes.
Finance
PIPC will not impose blanket block on scraping, easing fintech concerns
South Korea\'s Personal Information Protection Commission expanded pre-consultation support on public data scraping to include smaller firms and companies without mydata qualifications, as the right to request personal data transfers nears rollout. The commission said scraping would not be blocked across the board from Aug. 20, and existing services can continue while public agencies and businesses move in stages to safer transfer methods.
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AI & Enterprise
PIPC to take third-round applications for prior consultations for data portability agents
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AI & Enterprise
Science ministry launches AX360 portal consolidating government, private AI information
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Finance
KakaoPay launches \'AI Coach\' to help with spending analysis and budget management
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Finance
iM Bank offers up to 20,000 won in monthly coupons for \'Emergency Fund Box\' customers
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Telecommunications & Media
South Korea to cut wholesale mobile rates, spectrum fees to boost budget carriers
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Finance
Cucon, Koscom cooperate on converting public data to standard APIs
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Finance
PG firms team up to block fraudulent payments, rate hike fallout in focus
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AI & Enterprise
PIPC boosts sanction effectiveness, gains momentum in shift to prevention-focused system
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Finance
KakaoPay joins NH NongHyup Bank alternative credit scoring model development
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Finance
Four major Korean financial groups detail AX strategies, shifting from declarations to execution
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Finance
Banksalad, Sogang University study MyData-based alternative credit scoring
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Finance
PIPC to begin pilot of employment, education \'MyData\' brokerage infrastructure
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Finance
Financial sector \'digital risks\' rise, putting IT controls to the test
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Finance
Woori Bank reorganises to strengthen data-driven sales and internal controls
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AI & Enterprise
Personal data protection master plan announced to support trust-based AI innovation