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Finance

Shinhan Bank to add Seoul child meal card payments to Ttaenggyeoyo from Nov 16

Children aged 14 and over who use Seoul’s child meal card will be able to order food via Shinhan Bank’s delivery app Ttaenggyeoyo from Nov. 16. Shinhan Bank and the Seoul Metropolitan Government will provide coupons worth a total of 6,000 won each month to reduce delivery-fee burdens. Shinhan signed an agreement with Seoul and child welfare organisation ChildFund Korea. The service will run as a pilot from November to December before expanding next year.

Finance

Shinhan Bank, Seocho-gu, Seoul credit guarantee foundation cooperate to support growth of AI, ICT firms

Shinhan Bank will work with Seoul\'s Seocho-gu district and the Seoul Credit Guarantee Foundation to support AI and ICT companies in the Seocho area with financing, guarantees, consulting and investment links. The three parties signed a comprehensive agreement on Sept. 7. The plan covers support by growth stage, from identifying firms to credit guarantees, financial consultations, management consulting and investment connections. They also plan joint briefings, consultations, IR and training programmes.

AI & Enterprise

MSIT to overhaul AI Hub to cut duplication, improve quality of public AI training data

South Korea\'s Ministry of Science and ICT will build a government-wide integrated management system to address duplicated construction and weak quality control of public-sector AI training data. The ministry will overhaul the current AI Hub into an integrated provision system so public institutions can check in advance whether planned datasets overlap with existing ones. It will also introduce pilot operations this year and distribute quality and build-use guides to ministries, local governments and public bodies.