Hyundai Capital Wins Innovative Applications of AI Award at International AI Conference for Third Time: "World's First Among Financial Companies"

"AI Applied Across All Processes of Auto Finance"

Hyundai Capital announced on January 27 that it received the "Innovative Applications of AI Award" at the International Conference on Artificial Intelligence held in Singapore on January 24 (local time).

Hyundai Capital officials, the first global financial company to win the International Conference on Innovative Applications of Artificial Intelligence (IAAI) award three times, are posing for a commemorative photo. Hyundai Capital

Hyundai Capital has won this award for three consecutive years since 2023. It has become the first and only financial company in the world to receive this award three times.

The International AI Conference, which organized the award, stated, "Hyundai Capital's paper presents innovative cases of using AI to address industry issues," adding, "The paper is expected to have a significant impact on the AI marketing strategies of financial companies," as the reason for its selection.

Hyundai Capital has established differentiated AI competitiveness across each process in its core business area of auto finance.

Last year, the company expanded the application of AI in marketing to recommend financial products tailored to customers, which led to the award.

Hyundai Capital explained that it is actively transitioning to an "agentic AI" system, where AI itself defines and solves problems throughout the entire process of product development, marketing, and screening.

A Hyundai Capital official said, "We have advanced our AI not only to improve general work efficiency but also to support key business decision-making," adding, "We will continue to expand AI technology across all business areas and global operations to develop as a leading company in financial innovation."

Meanwhile, Hyundai Capital has been taking the lead in introducing the latest academic AI trends into the financial sector, such as appointing Kim Ki Eung, Distinguished Professor at KAIST Kim Jaechul AI Graduate School and Head of the National AI Research Center, as an outside director last year.

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