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AI & Enterprise

Yuanta Securities sees strong Q1 results for Hecto Innovation; highlights subsidiary growth and stablecoin moves

Yuanta Securities issued a report on April 27 with a positive outlook for Hecto Innovation’s first-quarter performance. It expects growth in the core business and consolidated subsidiaries, and sees consolidated first-quarter revenue exceeding 100 billion won. Analyst Kwon Myung-joon highlighted Hecto Financial and Hecto Healthcare, citing guidance-based gains and continued momentum. The report also noted stablecoin-related participation in Circle’s Arc public testnet and Hecto Group’s April agreements and investments.

AI & Enterprise

Snowflake expands open data architecture to build AI environment without data movement

Snowflake on Tuesday announced a \"data autonomy\" strategy to strengthen interoperability aimed at minimising data movement, simplifying governance and improving enterprise AI systems\' access to data. The company is expanding support for Apache Iceberg version 3, including new data types and features, and boosting governance portability using Apache Polaris. The update also includes pg_lake, an open-source PostgreSQL extension, and support for new standards such as OpenLineage and Open Semantic Interchange.

Finance

Easy payments and payment gateway use rise as non-face-to-face payments spread

Use of electronic payment services rose broadly last year, extending the spread of non-face-to-face payments, the Bank of Korea said. Average daily use of payment gateway (PG) services and prepaid electronic payment instruments increased 9.2 percent and 11.0 percent from a year earlier. Easy payment and easy remittance also grew. Escrow services and electronic bill presentment and payment expanded as well. The number of electronic payment service providers totalled 250 at end-2025.