Shinhan Bank will begin selling retail government bonds through defined contribution (DC) and individual retirement pension (IRP) accounts. The bank said it will offer 10-year and 20-year bonds to retirement pension customers from Sept. 9. Customers can subscribe using existing retirement pension accounts via Shinhan Super SOL or branches. The first subscription period runs Sept. 9 to 15. The minimum subscription is 100,000 won in 100,000-won increments.

South Korea\'s financial authorities expanded the scope of eased network separation rules for AI use to secondary financial institutions and electronic financial business operators. The number of firms to be selected rises to as many as 15, and eligibility thresholds are lowered. Selected institutions can use external AI and security SaaS after putting alternative controls in place. Industry expectations are mixed, with some firms cautious. Global fintech investment rose to $103.1 billion in the first half, with focus expected to shift to AI and financial infrastructure.