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AI & Enterprise

NH Nonghyup Bank to introduce AI financial secretary in December to support wealth management and jeonse loans

NH Nonghyup Bank is starting development of an AI financial secretary and plans to introduce the service on its mobile banking platform in December, then expand it to face-to-face consultations at branches next year. The bank said it held a project kickoff briefing with its AI-focused subsidiary AgileSoda to build a customer-facing AI agent. Planned functions include wealth management, jeonse loan support and consumer protection information.

Telecommunications & Media

KT management and union reach pay deal with 3 percent base pay rise and 3 million won lump sum

KT management and its unions have reached a wage and collective bargaining deal after union members approved a tentative agreement. The package includes an average 3 percent rise in base pay and a 3 million won lump-sum payment, with retroactive application from Jan. 1 and payment due on Oct. 23. The deal also changes personnel evaluation grade shares and expands welfare support, including monthly pension-savings contributions and higher medical expense limits.

Finance

Korea Post launches sign-up event for post office direct insurance

Korea Post on Aug. 3 said it will run a customer appreciation event through Sept. 30 for customers who sign up for post office direct insurance. Eligible customers are those who join designated products via the post office insurance website or the \'Itda Insurance\' app. Customers can receive up to 30,000 won in Naver Pay points if they meet conditions including paying three installments and keeping the contract in good standing.