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The Industrial Bank of Korea (IBK) has teamed up with a platform managed by Naver’s Cloud affiliate for digital innovation and development of Fintech-related services, the state-run bank confirmed on December 23, 2020. Through the partnership, both organizations will aim to enhance their Cloud and artificial intelligence (AI) capabilities, the IBK stated. In order to keep pace with each other’s activities and operations, both organizations intend to establish a proper communication channel. This should help them with effectively using Naver’s technologies to streamline banking. Disco...

IBK partners with Naver’s cloud platform for fintech innovation | IBK headquarters in central Seoul (Industrial Bank of Korea) The Industrial Bank of Korea joined hands with a platform operated by Naver’s cloud affiliate for digital innovation and development of fintech services, the state-run bank said Wednesday. The new partnership will enable them to bolster their cloud and artificial intelligence capabilities, IBK said. To keep pace with each other, both plan to establish a solid communication channel to review Naver’s technologies capable of upgrading banking business. Discove...