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AI & Enterprise

Hitachi Vantara\'s U.S. Norman manufacturing site named WEF Lighthouse factory

HS Hyosung Information Systems said Hitachi Vantara\'s storage manufacturing facility in Norman, Oklahoma, has been selected as a World Economic Forum Lighthouse factory. Lighthouse factories are manufacturing sites that deliver innovative results in productivity, supply chain resilience and sustainability using technologies such as AI and robotics. HS Hyosung said the site runs an end-to-end digital manufacturing and supply chain hub and cut lead time by 77 percent and inventory by 50 percent by applying agentic AI.

Finance

NH NongHyup Bank upgrades corporate loan screening, shifts to \'agentic AI bank\'

NH NongHyup Bank is applying artificial intelligence to corporate credit pre-screening, product recommendations and credit review report writing. The bank said it has built an AI-based PASS screening system for the corporate loan review process. It aims for pre-screening accuracy comparable to full reviews, provides customised product recommendations and automates corporate review reports. The bank expects faster and more consistent screening and less repetitive paperwork.

AI & Enterprise

KT steps up financial sector AX, pledges to prove AI adoption results with numbers

KT said it will lower barriers to AI transformation in the financial sector by combining its know-how with finance-focused AI solutions, data and cloud capabilities, and consulting. It aims to support the full process from strategy to build and operations, moving beyond proof-of-concept projects to changes in real work and management results. KT said it won more than 20 AX projects in the financial sector in the first half of this year.