Aggregating personal financial information scattered across multiple financial firms can help identify changes in repayment capacity and funding strain that are hard to detect using only conventional credit data, an analysis showed. Users whose high funding strain persisted for three months later recorded a new delinquency rate about 2.6 times higher than those whose strain was high for only a month. Toss Insight said MyData could also help assess repayment ability for users with limited credit histories.

South Korea’s parliamentary audit of the Financial Services Commission focused on a string of hacking incidents, single-stock leveraged ETFs and the effectiveness of property loan curbs. Lawmakers raised concerns over inconsistent inspection periods and limited log reviews, while calls grew to ease network separation rules to counter AI-driven threats. Regulators also discussed stablecoin legislation, cross-border tracking of digital asset transfers and preparations for tokenised securities rules, alongside broader fintech and banking industry developments.