20 Participants Selected for Fintech Mock Exam 'D-Testbed'

Awards Ceremony After 11 Weeks of Activities Starting from the 27th

[Asia Economy Reporter Jin-ho Kim] The Financial Services Commission announced on the 8th that it has selected 20 businesses to participate in the fintech pilot experiment 'D-Testbed.'

The D-Testbed provides an environment where fintech startups and prospective entrepreneurs can verify the business feasibility and practicality of innovative technology ideas by utilizing financial sector data. The selected businesses will be able to conduct full-scale pilot tests over the next 11 weeks.

Previously, the Financial Services Commission conducted recruitment for participants in the D-Testbed pilot project from July 28 to August 20, receiving 60 applications. After screening, a total of 20 businesses were finally selected.

Seven were selected in the field of financial support for vulnerable groups, seven in credit evaluation advancement, and six in the free system field. In addition to existing fintech companies actively operating in the market, early-stage companies less than one year old were also included.

Notably, individual (team) participation was also achieved, and a total of three non-corporate teams, including the Risk Management Laboratory of Korea University Graduate School of Information Security, were selected as participants.

The selected participants will conduct pilot tests of their ideas through the integrated development and analysis environment of the D-Testbed for 11 weeks starting from the 27th. Based on the results of the 11-week pilot test, a performance presentation and awards for outstanding cases are planned for December.

This content was produced with the assistance of AI translation services.