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Finance

Four major financial groups\' Q1 results split as AI, digital finance spread

South Korea\'s financial sector has entered the first-quarter earnings season, with non-interest income and non-bank units driving diverging results among major financial holding companies. KB Financial Group, Shinhan Financial Group and Hana Financial Group posted record results, while Woori Financial Group recorded a decline. Strong stock markets lifted securities firms\' earnings, and new savings and investment products were launched. The industry is also accelerating a shift toward AI and digital finance, alongside calls for stronger controls and risk management.

Finance

KB Securities signs deal with SK Planet to expand embedded finance services

KB Securities said on April 21 it signed a business partnership agreement with SK Planet on April 17 at SK Planet\'s headquarters in Pangyo, Seongnam, Gyeonggi Province, to operate an embedded finance business. The companies plan to link KB Securities\' financial APIs to SK Planet\'s lifestyle platform to build an environment where users can access financial services without moving to a separate application.

People

Dable appoints Han Kyu-ho as CTO to accelerate shift to AI-native company

Dable, an adtech subsidiary of Yanolja, has appointed Han Kyu-ho (한규호) as chief technology officer, it said on Monday. Han is rejoining the company after previously leading Dable’s backend development team for three years from 2019, when he helped build core technical infrastructure and stabilise servers. His key task will be to advance AI capabilities across the company, narrow gaps between teams and expand mentoring and training.