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Fin-Tech Surged as the New Engine for Growth, the 3rd Hyungsan River Future Forum was Held

writer: 관리자 | date: 2016.02.18 | count: 1334

February 17, at the Philos Hotel in Pohang, ‘the 3^rd Hyungsan River Future Forum’ was held with the theme ‘The Current Status of the Fin-Tech Industry, and Strategies for the Financial Innovation of Pohang’.

In this forum, officials and financial experts from the city of Pohang, Pohang Techno Park, Pohang Creative and Innovation Center, Daegu Bank, and the Community Credit Cooperative gathered together.

This forum is one of the programs of the ‘Academic and Industry Expo’ hosted by the LINC Foundation of Handong Global University.

The forum was initiated with welcoming remarks by President Soon-heung Chang. Following him, remarks by Director Kyeongryung Kim, DGB Economic Research Institute came. Professor Hakju Kim also delivered presentations. Four panels had in-depth discussions. The Forum lasted three hours.

In his welcome remarks, Soon-heung Chang said, “Decentralization is severe and the finance industry is essential in order to develop the local region. The solution is Fin-tech. The era has changed and to host a financial organization is not important. The ideas online are more important.”

Director Kyeongryung Kim, of the DGB Economic Research Institute, presented ‘Daegu Bank’s IM Bank Case.’ He was part of the ‘Advent of the Fin-tech Era and the Regional Finance Response’ topic. Fin-tech is gaining momentum as the importance of Fintech is growing. With this trend, regional financial sector needs to deal with Fintech.

Professor Hakju Kim of HGU delivered a presentation on ‘Fin-tech Revitalization Strategies in the Regional Financial Sector’

Professor Hakju Kim of HGU delivered a presentation on ‘Fin-tech Revitalization Strategies in the Regional Financial Sector’. Professor Kim said, “In Pohang, if the infrastructure has been established, regional talents can stay. This will attract more talents from other regions. Fin-tech building and a pilot area designation are required so that industries related to Fin-tech and start-ups can easily enter and work in cooperation. Networking is important in order to nurture the Fin-tech industry. In order for industries to use Fin-tech, good content are required. Therefore, we need to put our efforts into developing such content.”

Professor Esu Cho stressed the importance of support regarding Fin-tech Start-ups. He said, “Fin-tech is complementary to financial institutions. We need to understand the mutual complementary synergy involved and do beyond competition. Handong University is utilizing a smart campus in advance of other industries and universities. I hope this model will be disseminated into the Pohang shopping district, Jukdo market, and the Yangduck shopping district.

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