The 12th 'Mutual Meeting' Event Held to Foster Cooperation Between Financial Institutions and Fintech Companies
The Financial Services Commission and relevant organizations held the '12th Financial Institution-Fintech Company Mutual Meeting' to strengthen cooperation between financial institutions and fintech companies. This event was organized to provide an opportunity for companies in both sectors to develop innovative financial services and communicate with one another.
This event has been held consistently on a quarterly basis since November 2023. Its primary purpose is to help fintech companies' new ideas be effectively applied in real-world financial settings by utilizing the designated agent system and the entrusted testing system. Through this, financial institutions can accelerate their digital innovation, while fintech companies can establish a foundation for growth.
At the event, various fintech companies introduced their technologies and met directly with representatives from financial institutions to discuss potential collaborations. In particular, new financial services utilizing artificial intelligence (AI) and big data drew attention, and many companies engaged in concrete consultations for practical business partnerships.
Financial authorities plan to continue operating these meeting platforms in the future. Their stance is to spare no support so that financial institutions and fintech companies can combine their respective strengths to create a more convenient and secure financial environment.
It is expected that the digital transformation of the financial industry will become more active through this event. Much attention is being focused on how fintech technology will be reflected in our daily financial services going forward.