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Finance
IBK Industrial Bank of Korea adopts AI system to detect misselling of investment products
IBK Industrial Bank of Korea is introducing an AI-based system to check for potential misselling risks that may arise after investment products are sold. The bank aims to raise the level of financial consumer protection by automating its post-sale management process, which had relied mainly on manual work. The system analyses post-sale product data, customers\' investment experience and abnormal transaction patterns to automatically identify potential risk factors.
Finance
Stablecoin race for control spreads, KOSPI nears 7,000
Competition over global payment infrastructure centered on stablecoins is spreading across the financial industry. Hana Financial Group is moving to cooperate on blockchain-based remittances with Dunamu and POSCO International, while Visa is expanding its stablecoin pilot and adding five more blockchains. U.S. banks are calling for stronger in-house blockchain strategies, and Shinhan Card is expanding a Solana-linked proof-of-concept. Markets also remain strong, with the KOSPI holding above 6,600 and repeatedly hitting record highs.
Finance
Hana Financial Group releases \'Hana Universe\' short film for 20th anniversary
Hana Financial Group marks its 20th anniversary by releasing a short film titled \"Hana Universe\" directed by filmmaker and actor Ha Jung-woo (하정우), it said on Thursday. The video consists of a 15-second brand advertisement and a roughly nine-minute short film. Set on an airplane and told as a comedy, it features G-DRAGON, Lim Young-woong and Son Heung-min as passengers, with Kang Ho-dong and Ahn Yu-jin as cabin crew.