Shinhan Financial Group said on Thursday it met major executives including Visa Group President Oliver Jenkyn (올리버 젠킨) at its headquarters in Jung-gu, Seoul, on Wednesday afternoon, and discussed ways to expand global business and cooperate in future finance.

The meeting was arranged to combine Visa’s global payment network with Shinhan Financial’s business capabilities to jointly respond to changes in the digital finance environment and expand the basis for cooperation in global markets.

The two sides shared potential areas for cooperation across a range of fields, including AI-based financial services, digital assets and B2B payment innovation, and global platform-linked businesses. They exchanged views on directions for collaboration to strengthen business competitiveness across the group.

In particular, Shinhan Financial plans to actively use Visa’s global network and technology capabilities to accelerate AX and secure future growth engines. It also plans to expand opportunities for collaboration with global companies and platforms.

Jin Ok-dong (진옥동), chairman of Shinhan Financial, said, "Based on our long-standing partnership with Visa, we will proactively respond to changes in the global financial environment." He added, "I hope cooperation between the two sides will lead to digital transformation and stronger competitiveness in future finance."