Shinhan Bank has introduced an AI-based agent to help check real estate appraisal reports used in mortgage-backed loan reviews. The tool examines key contents and consistency across report items, while staff remain responsible for rechecking results and making final decisions. The bank said the system combines large language models, robotic process automation and optical character recognition. Internal measurements showed check time per report fell about 70 percent and daily throughput tripled.

MegazoneCloud said on July 23 it signed a strategic memorandum of understanding with Korean Reinsurance to accelerate AX, or AI transformation, in the reinsurance business. The companies agreed to pursue a long-term technology partnership rather than a one-off system build. They plan to cooperate on AI- and data-driven underwriting and contract review, big data-based risk prediction, companywide automation in a cloud-native environment, and new financial business models linked to global infrastructure.