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AI & Enterprise

Govt partners with Shinhan Financial Group to boost AI skills of digitally vulnerable groups

South Korea\'s government will work with Shinhan Financial Group to improve AI and digital skills among digitally vulnerable people and strengthen education to prevent financial fraud such as smishing and deepfakes. The Ministry of Science and ICT signed a memorandum of understanding with the group in Seoul to expand training infrastructure, train specialist instructors and develop content by proficiency level. Shinhan will support using unused spaces as training sites and provide financial safety content.

Finance

Naver Pay to support payment fees for small merchants using Npay Connect

Naver Pay will support on-site payment fees for micro and small merchants using its offline integrated terminal, Npay Connect. The company said it will refund fees for Npay Money and Points payments generated at eligible merchants rated micro or small under National Tax Service standards from Aug. 3 to Dec. 31. Merchants do not need to apply. Refunds will be calculated monthly and paid on the 15th of the following month to BC Card settlement accounts.

AI & Enterprise

South Korea\'s 2024 digital industry sales rise 9.3 percent to 1.378 trillion won

South Korea’s digital industry posted sales of 1.378 trillion won in 2024, up 9.3 percent from a year earlier, a government survey showed. The sector accounted for 15.2 percent of total industry sales of 9.038 trillion won and rose by more than 100 trillion won for a second straight year. Digital-based industries led sales, while digital-related industries fell 3.1 percent. Digital maturity rose to 75.4 percent.