SC First Bank Selects 7 Promising IT Solutions Startups for Digital InnovationAI Human, Big Data Credit Analysis, Robo-Advisor, and More Cutting-Edge Solutions Presented
SC First Bank held its ‘SC First Bank Startup Demo Day’ on the 29th at its headquarters in Jongno, Seoul, where it selected 7 startups with promising IT solutions aimed at digital business innovation. The event was designed to introduce innovative IT solutions developed by startups and evaluate their potential for practical application in banking systems for further digital transformation and system upgrades.
The Demo Day followed a selection process that began in June via the Fintech Bridge website, where submitted proposals were reviewed. The event provided an opportunity for each selected startup to present its solutions and demonstrate key functionalities. The 7 startups selected were △HyperScience △Fides Advisory △QuantTech △DeepBrain AI △FacePiaPak △Antok △TwoDigit, each showcasing solutions aimed at real-world financial industry challenges.
Antok presented its Big Data Automatic Collection and AI Algorithm-Based Corporate Analysis/Evaluation Solution. This solution helps analyze and assess various company data, supporting investment and credit evaluation in financial institutions. Additionally, TwoDigit introduced its AI-Powered Personalized News Recommendation Service based on Individual Financial Preferences.
SC First Bank plans to conduct PoC (Proof of Concept) and pilot tests for the solutions with the highest potential for practical application in banking. After thorough verification, these solutions will be considered for phased implementation into the bank’s operations. Moreover, the bank aims to foster further collaboration with outstanding startups by partnering with SC Ventures and affiliates for overseas expansion, capital investment, and joint venture establishment.
This event is seen as a key milestone for SC First Bank’s digital business innovation and its support for the growth of startups.