"Finance and AI Convergence"... Hana Bank Partners with Kraft

Utilization in Various Fields Including MyData

On the 8th, at the Hana Bank headquarters in Jung-gu, Seoul, Kim Ki-seok, Vice President of the Asset Management Group at Hana Bank (right), and Kim Hyung-sik, CEO of Craft Technologies, are taking a commemorative photo after the signing ceremony.

[Asia Economy Reporter Minwoo Lee] Hana Bank has partnered with AI-based startup Craft Technologies. They plan to advance various AI-based enhancements in the future.

On the 8th, Hana Bank announced that it signed a strategic business agreement with AI-based fintech (finance + technology) startup 'Craft Technologies'.

Founded in 2016, Craft Technologies operates AI exchange-traded funds (ETFs) listed on the New York Stock Exchange and provides AI technology adoption solutions to numerous domestic financial companies based on its proprietary deep learning algorithm technology.

Under this agreement, Hana Bank plans to introduce new financial business models incorporating AI technology, including ▲ AI solutions related to MyData ▲ financial market analysis ▲ development of financial products using big data.

Kim Ki-seok, Vice President of Hana Bank's Asset Management Group, stated, "We hope that the business agreement with Craft Technologies, which possesses unique technological capabilities, will become a new foundation for Hana Bank's digital innovation."

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