Search results for electronic financial supervision rules
Finance
Lawmakers criticise banks over interest rates, hacking, IT errors and governance questions at audit
Issues ranging from banks’ loan-rate calculations to hacking incidents, IT system management and financial holding companies’ governance were raised at a National Assembly audit. Lawmakers questioned whether banks cut preferential rates after tighter rules on loan add-on rates. They also probed differences in cybersecurity systems among banks and called for stronger standards. Delayed detection of internal system errors, including cases at Toss Bank, was cited. Governance and outside director appointment procedures at BNK Financial Group, Woori Financial Group and KB Financial Group affiliates were also questioned.
AI & Enterprise
NH NongHyup Capital builds Oracle Cloud-based disaster recovery system
NH NongHyup Capital said on Aug. 3 it has built a disaster recovery environment based on Oracle Cloud Infrastructure. The company shifted from its existing on-premises data backup method to an OCI-based in-house disaster recovery framework to comply with recently revised electronic financial supervision rules and strengthen operational resilience. It said the move lays the groundwork to keep services running without interruption even during major outages or system errors.
AI & Enterprise
MegazoneSoft says Agentic WX to support enterprise AX based on AWT
MegazoneSoft, an affiliate of AI and cloud company MegazoneCloud, held a leadership seminar in Seoul on June 23 for Google Cloud and C-level executives at major companies. The event highlighted Google Cloud\'s Agentic Workplace Transformation strategy and introduced MegazoneSoft\'s Agentic WX offering for executing AWT. Speakers said AI agent adoption requires changes in workforce ways of working, and presented a five-step end-to-end support plan and customer deployment cases.