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Finance

WebCash joins IBK Industrial Bank of Korea digital platform and AI banking build

WebCash has won an 8.72 billion won project to revamp IBK Industrial Bank of Korea\'s digital banking, building a digital platform, global banking and AI-based services with LG CNS and Finger. The company said it signed a supply contract with IBK System for the first phase of the IBK digital banking rebuilding project. The work is the first step in a three-stage roadmap and aims to lay a foundation for expanding services and follow-up platform construction.

Games & Commerce

JoyCity to officially launch \'Freestyle Reboot\' on Aug 13

JoyCity said on Tuesday it has set Aug. 13 as the official release date for its new online basketball game, \"Freestyle Reboot,\" and has begun pre-registration. The title was developed to carry on the legacy of JoyCity\'s original \"Freestyle\" intellectual property. The company said it keeps the 3-on-3 real-time match format and street basketball feel while using a new engine to improve graphics and character movement. It also plans to expand service globally after starting in South Korea.

AI & Enterprise

AI boom lifts Japan\'s Toto, Nittobo and Ajinomoto shares

In Japan’s stock market, Toto, Nittobo and Ajinomoto have emerged as beneficiaries of the artificial intelligence boom despite not being semiconductor companies. CNBC reported their shares are up 78 percent, 63 percent and 61 percent this year as they apply materials and manufacturing know-how to the semiconductor supply chain. The firms supply key components and materials used in chipmaking and packaging, and all posted clear growth in semiconductor-related businesses in the year ended March 31.