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AI & Enterprise

SKT launches AI for Everyone consortium to link AI services across eight sectors

SK Telecom will step up development of “AI for Everyone” by working with specialist companies and institutions across eight sectors including finance, education, healthcare, small businesses and mobility. The company said it held the consortium’s launch event on Sept. 9 at its T Tower in central Seoul. The project aims to build an end-to-end execution agent that analyses user requests and situations, connects suitable AI models and specialist services, and carries out follow-up work.

Finance

Cucon builds face-to-face financial MyData for Credit Recovery Commission, first in public sector

Cucon has set up an environment to use financial MyData at counselling counters in 52 nationwide branches of the Credit Recovery Commission. Cucon said on Sept. 7 it completed the commission’s project to introduce MyData in the financial sector, the first case of applying financial MyData in the public sector. The system allows identity verification, personal credit data transmission requests and financial information inquiries to be handled at once, reducing the burden of submitting documents.

AI & Enterprise

PIPC says 2027 budget set at 99.6 billion won for prevention system, AI safety use

South Korea\'s Personal Information Protection Commission said on Thursday its proposed 2027 budget totals 99.6 billion won, up 37 percent from this year. It said the money will focus on key projects including expanding prevention systems, safe use of AX innovation, strengthening public rights and responding to personal data breaches and leaks. The plan includes new funding for pre-emptive prevention systems, cross-border data transfers and support for litigation and investigations.