FSC Chairman holds meeting and introduces a plan for MyData 2.0Apr 04, 2024

Chairman Kim Joo-hyun of the Financial Services Commission held a meeting with financial MyData service providers and related organizations and introduced a plan for MyData 2.0 in financial services on April 4. At the meeting, Chairman Kim said that the successful launching of MyData platform service enabled the subsequent introduction of loan transfer services and insurance comparison and recommendation services. In this regard, Chairman Kim said that the measures included in the plan for MyData 2.0 will enable more versatile utilization of data by MyData service providers and help them improve their service quality for consumers. With this improvement in service usability, Chairman Kim added that MyData in financial services will be able to provide practical assistance to people for their asset management.